SEPROTECH SYSTEMS INCORPORATED
Canadian Timely Disclosure Pack – For Release November 8, 2011
Seprotech Appoints Harry Marshall as CEO
Jordan Grant, Chairman of Ottawa-based Seprotech Systems Inc. (TSX-V: SET; “Seprotech” or the “Company”) announced today the appointment of Harry J. Marshall as the CEO, adding: “this is the next step in the Company’s turnaround plan adopted when I became CEO in January. I am pleased to be able to pass the torch on to Harry, whose blend of experience and personal qualities makes him the ideal person to lead the Company into its growth phase. We are thrilled that he has accepted the position.”
Mr. Marshall brings an extensive and varied background to the Company, with more than 36 years in the wastewater and water treatment industry. His career includes leadership positions with several water and wastewater companies including President and Chair of AER-O-FLO Environmental Inc., a division of a Nasdaq listed public company, and his most recent position as President, WESA TECHNOLOGIES Inc., an Ottawa-based company with an impressive design / build industrial wastewater portfolio. He also served as a Vice President for ZENON Environmental. Mr. Grant noted that Mr. Marshall’s knowledge of the water industry will allow Seprotech to focus its efforts over the coming months and years, offering appropriate, effective and cost efficient solutions to not only its existing clients, but also to a growing and diverse base of new clients.
“This is a very exciting time for Seprotech. We have an exceptional opportunity here to build a strong and dynamic company in an important and growing sector,” Mr. Marshall stated. “The company has already begun to expand its capabilities in engineering and service. I am looking forward to working with senior management and staff to build on the early rewards of these efforts that are reflected in significant new contracts in our existing markets, while expanding into new industries and sectors. I am very excited by both the challenge and the tremendous potential we all see ahead.”
Mr. Marshall will be part-time until the end of the year as he winds down his current obligations at WESA Tech, becoming a full-time employee January 1. Mr. Grant concurrently resigned as interim CEO and will retain his position of Board Chair.
Seprotech is a provider of pre-engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.
For Further Information, please contact:
Mr. Ian W. Malone, CFO
Tel: (613) 523-1641
Fax: (613) 731-08515
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 Corporation’s strategies and other statements, the private placement financing activities of the Corporation, the use of proceeds of the private placement financing, 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 Corporation. These statements are not historical facts but instead represent only the Corporation’s expectations, estimates and projections regarding future events. The Corporation 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.