Pure Technologies Adds Contract
April 1, 2009
Pure Technologies Ltd. (TSX-V: PUR) announced that it has won a contract for approximately $450,000 to perform pipeline inspection services in Australia using its SmartBall inspection technology. The contract, which will be done in collaboration with Mouchel plc, a leading U.K. engineering consultant, involves commissioning inspection of a new pipeline constructed as part of a major regional water project in Queensland, and follows a smaller initial phase completed by Pure in December 2008. The work is scheduled for completion in the second quarter.
Pure also announced that it has signed a license agreement with CLH, a major Spanish oil pipeline operator, whereby CLH will use SmartBall as part of its pipeline integrity program. The CLH oil pipeline network is more than 3,800 km long, which makes it the most extensive civil pipeline network in Western Europe.