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BluMetric's Panama Canal Work Expands to Include Oil-Water Separator Contract

OTTAWA, Aug. 13, 2014 /CNW/ - BluMetric Environmental Inc. (TSXV: BLM), a Canadian cleantech company, is pleased to announce that it has been awarded a contract valued at US$720,000 to provide six oil-water separators and related installation services to Grupo Unidos por el Canal (GUPC) and the Panama Canal Authority. This contract is in addition to a previously awarded project currently in construction, worth $2.348 million, for the installation of eight wastewater treatment units for the lock houses on the Canal.

GUPC is the contractor responsible for the design and construction of the Third Set of Locks – the main project of the Panama Canal Expansion Program – which is amongst the world's largest ongoing construction projects. GUPC is a consortium of large European and Panamanian construction and engineering companies, formed specifically to undertake this extraordinary multi-year, multi-billion-dollar Canal expansion project. The BluMetric oil-water separator equipment will be delivered in stages through the first half of fiscal 2015.

"BluMetric's products and services continue to be key to this huge construction project," said Dan Scroggins, President of the BluMetric Water Division. "This expansion of our services demonstrates that our technology and expertise stand out in the most demanding industrial environments."

"Repeat business from long-standing customers is both one of BluMetric's business strategies and a sustaining feature of the company," said Roger Woeller, BluMetric's Chief Executive Officer. "Our Water Division is positioning itself on the international stage by developing unique opportunities as well as driving repeat business in a growing sector."

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About BluMetric
BluMetric delivers sustainable cleantech solutions to complex environmental issues. The Company serves clients in many industrial sectors, and at all levels of government, in Canada and abroad.

BluMetric operates through two divisions:

  • Professional Services, providing environmental earth sciences and engineering solutions, including contaminated site remediation, water resource management, industrial hygiene, occupational health & safety, and renewable energy;
  • Water, focussed on design-build and pre-engineered product solutions to industrial/commercial water and wastewater treatment needs.

More information can be obtained at www.blumetric.ca

Forward-Looking Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company's strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.


SOURCE BluMetric Environmental Inc.

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