Pure Technologies Ltd. Awarded $2.6M in New Work in Australia

Pure Technologies Ltd. (TSX: PUR) has announced that its wholly-owned subsidiary has been awarded new work from an existing customer in Australia for its engineering and inspection services on critical water and wastewater pipelines.

Pure Technologies (AUS) Pty. Ltd. has been awarded new work worth $2.6 million from an existing customer in Brisbane, Australia. Of this amount, approximately $1 million represents an extension of services related to a previous award announced in the fourth quarter of 2013. This work, currently under way, involves the continued use of Pure’s condition assessment and leak detection technologies for a critical wastewater pipeline made up of primarily concrete pipe sections. The remainder of the award, valued at $1.6 million, is for similar services, but solely for condition assessment of large-diameter metallic pipes. This new work is expected to commence mid-year with the majority completed within the third quarter.

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.
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