23.5.2003: Meldung: Trojan Technologies: Contracts Valued at CDN $2.4 Million
Trojan Technologies Awarded Contracts Valued at CDN $2.4 Million
LONDON, ON, May 21, 2003 -- Trojan Technologies Inc. (TUV:TSX) today announced that it has been awarded four new contracts totalling more than CDN $2.4 million.
Three of the contracts, amounting to CDN $1.6 million, are from Wessex Water Services in the U.K. Trojan was selected to provide its ultraviolet (UV) disinfection equipment to wastewater facilities in Wimborne, Palmersford, and Kinson on the southern coast of England.
These three plants treat a combined maximum flow of more than 86 million litres (22 million gallons) of water a day. The UV systems will be delivered and installed by the end of November this year.
Trojan is the global leader in the UV wastewater market. "As member countries of the European Union now have to meet stringent bathing water standards, we expect continued strong demand for our UV treatment technology throughout Europe," said Trevor Noye, Trojan"s Vice President responsible for European operations.
The other new order announced today is valued at CDN $850,000. Awarded by Newark, Ohio, the contract calls for Trojan"s UV systems to be installed at the city"s drinking water facility this Fall. Once operational, the systems will treat up to 57 million litres (15 million gallons) of water a day. Newark has had a Trojan UV system disinfecting its wastewater for over four years.
"We selected Trojan because of the company"s superior technology, the proven effectiveness of its equipment, and its strong customer support," said Roger Loomis, Assistant Utilities Superintendent, Division of Water and Wastewater for Newark.
Dr. Sam Jeyanayagam of Malcolm Pirnie, the consulting engineering firm on the project, said that for US 40 cents a customer a month, Trojan"s UV equipment will significantly enhance Newark"s ability to protect its ratepayers against water borne diseases. From Newark"s point of view, this investment represents an "inexpensive insurance" and increased confidence in the quality and safety of the public water supply.
The U.S. Environmental Protection Agency has stated that it expects to issue new drinking water guidelines this summer, which will require drinking water treatment plants to increase protection against Cryptosporidium, and to reduce disinfection by-products (DBPs) which have been linked to increased risk of cancer and birth defects.
Allan Bulckaert, President and CEO of Trojan, noted "the regulations being developed by the EPA is expected to create significant new demand for our technology because, unlike chlorine, UV effectively destroys Cryptosporidium and works without producing known disinfection by-products." There are more than 55,000 community water systems in the U.S. processing nearly 34 billion gallons of water per day.
Trojan designs, manufactures and sells UV systems for municipal wastewater and drinking water facilities, as well as for the industrial, commercial and residential markets. The company also provides UV treatment for the removal of toxic chemicals from water.
With approximately 3,000 municipal facilities in over 25 countries using its technology, Trojan has the largest installed base of UV systems in the world. Headquartered in London, Ontario, Canada, the company also has offices in the U.K., Germany, Netherlands, Norway, Spain, and the U.S. Its shares are listed on The Toronto Stock Exchange under the trading symbol TUV.