Avensys Corporation Sells 125 Isco Flow Meters to Be Used in the Regional Municipality of York Wastewater Systems
Flow Meters to be Used in the Largest Flow Metering Project in Canada to Date
MONTREAL, Feb. 11 /PRNewswire-FirstCall/ -- Avensys Corporation (OTC Bulletin Board: AVNY) today announced that Avensys Environmental Solutions, a division of its wholly-owned subsidiary Avensys Inc., a leading manufacturer and distributor of fiber optic components and integrator of instrumentation and turn-key systems for environmental monitoring, received an order for 125 Isco 2100 Series Flow meters to be used in The Regional Municipality of York's wastewater systems in Ontario, Canada. The order is estimated to be worth approximately $500,000 and will be delivered in first the quarter of 2008.
Earth Tech Canada, working on behalf of York Region, will use these flow meters to complete a comprehensive Inflow and Infiltration Assessment. This study will consist of a region-wide analysis of wet and dry weather flows within each of its nine municipalities and on the Regional wastewater system. The main objective of this project is to identify extraneous inflow and infiltration flows in sewer systems that ultimately flow into the Region's wastewater conveyance and treatment facilities and to recommend suitable areas for pilot remediation projects.
The York Region Inflow and Infiltration Project will be a multi-year program, and is the single largest flow monitoring project in Canadian history -- 120 temporary flow monitoring locations, 15 additional rain gauges, with a minimum monitoring period of one year.
Mrs. Marie-Annick Riel, general manager of Avensys Environmental Solutions commented, "We are very pleased that our Isco Flow meter line has been selected for this study. This sale further strengthens our position as a leading provider of environmental monitoring instrumentation and turnkey solutions in the Canadian marketplace. It is also a tribute to the technical capabilities of the Teledyne Isco line of products which we have been distributing for close to 30 years."
About York Region
The Regional Municipality of York is made up of nine municipalities and provides services to 983,000 residents, more than 86,000 businesses and 460,000 employees.
York Region has a two-tier government structure, with services provided by the Region and local area municipal governments. The Region provides services for its residents and businesses that include infrastructure, transit, water and wastewater, emergency services, policing, human services and growth management.
About Earth Tech Inc.
Earth Tech Inc. is a global provider of a full suite of engineering, construction and operations services to the international water/wastewater, environmental, transportation, and facilities markets. A business unit of Tyco International Ltd., Earth Tech employs some 7,000 talented people, delivering services to customers in 15 countries. Founded in 1970, Earth Tech is headquartered in Long Beach, Calif. More information on Earth Tech can be found at www.earthtech.com.
About Teledyne Isco
Founded in 1958, Teledyne Isco is a leading manufacturer of automatic water and wastewater samplers, open channel flow meters, liquid chromatography instruments, and precision syringe pumps. Benefits derived from Teledyne Isco products range from maintaining a clean environment to developing disease- curing drugs to increasing energy supplies. Teledyne Isco, Inc., headquartered in Lincoln, Nebraska, is a wholly owned subsidiary of Teledyne Technologies, Inc. (NYSE symbol: TDY), which is headquartered in Thousand Oaks, California. For more information on Teledyne Isco, visit their website at www.isco.com.
About Avensys Corporation
Avensys Corporation operates Avensys Inc., its wholly-owned core subsidiary. Avensys Inc., through its manufacturing division Avensys Technologies, designs, manufactures, distributes, and markets high reliability optical components and modules as well as FBGs for the telecom market and high power devices and sub-assemblies for the industrial market. Avensys Technologies is also a pioneer in the development of packaged fiber-based sensors and possesses leading edge intellectual property. Avensys Environmental Solutions, also a division of Avensys Inc., is an industry leader in providing environmental monitoring solutions for air, water and soil in the Canadian marketplace. To find out more about Avensys Environmental Solutions, please visit our website at www.avensyssolutions.com. For Avensys Corporation Company news and updates you can also visit www.avensyscorporation.com
Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
For more information, please contact:
Truc Nguyen or Christopher Chu
The Global Consulting Group
T:
E: tnguyen@hfgcg.com | E: cchu@hfgcg.comSOURCE Avensys Corporation
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