PURE TECHNOLOGIES ANNOUNCES APPOINTMENT OF NEW DIRECTOR
13 September 2010 - 8:00PM
PR Newswire (Canada)
CALGARY, Sept. 13 /CNW/ -- CALGARY, Sept. 13 /CNW/ - Pure
Technologies Ltd. (TSX-V: PUR) is pleased to announce that Scott
MacDonald has recently joined its Board of Directors. Mr. MacDonald
is currently a Partner with Emerald Technology Ventures, a leading
venture capital fund focused exclusively on the clean technology
sector. Additionally, he serves as Chairman of SynapSense, and as
Director of Vaperma. Mr. MacDonald previously served as Chairman of
RuggedCom (TSX: RCM) and was Director of the Pressure Pipe
Inspection Company (PPIC), recently acquired by Pure. He also
served as Director for Solicore and SoftSwitching Technologies.
Prior to joining Emerald, Scott held the position of Managing
Director in the venture capital subsidiary of Ontario Power
Generation, a large North American electric utility. "We are
excited to have Mr. MacDonald join our Board of Directors," said
Jamie Paulson, Chairman of the Board. He brings a wealth of
financial expertise, as well as years of industry experience as a
former Director of PPIC." About Pure Technologies Ltd. Pure
Technologies Ltd. is an international asset management technology
and services company which has developed patented technologies for
inspection, monitoring and management of critical infrastructure
around the world. Pure's business model incorporates four distinct
but complementary business streams: - Sales of proprietary
monitoring technologies for pipelines, bridges and structures
(SoundPrint(R), SoundPrint(R) AFO); - Recurring revenue from data
analysis and site maintenance for these technologies, and from
technology licensing; - Premium technical services including
inspection, leak detection and condition assessment (P-Wave(R),
SmartBall(R), Sahara(R), PipeDiver(TM), PureRobotics(TM)); -
Specialized engineering services in areas related to asset
management, primarily in the area of pipeline condition assessment
for water and wastewater infrastructure (Openaka Corp., Price
Brothers UK Ltd, and Jason Consultants). Forward-Looking Statements
This release contains forward-looking statements. Forward-looking
statements, without limitation, may contain the words "believes",
"expects", "anticipates", "estimates", "intends", "plans", or
similar expressions. Forward-looking statements are not guarantees
of future performance. They involve risks, uncertainties and
assumptions and the Company's actual results could differ
materially from those anticipated. Forward-looking statements are
based on the opinions and estimates of Management at the date the
statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the
forward-looking statements. In the context of any forward-looking
information please refer to risk factors detailed in, as well as
other information contained in, the Company's filings with
Securities Regulators (www.sedar.com). (R) Registered Trademarks,
property of Pure Technologies Ltd. "The TSX Venture Exchange has
not reviewed and does not accept responsibility for the adequacy or
accuracy of this release" %SEDAR: 00006060E To find out more about
Pure Technologies Ltd. (TSX-V: PUR), visit our website at
www.puretechnologiesltd.com; Or contact James E. Paulson, Chairman
or Karen Keebler, Chief Financial Officer at (403) 266-6794 or
e-mail to info@puretechnologiesltd.com
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