Brac Systems Inc. (BAAD - OPEN MARKET - Frankfurt Stock
Exchange) - Brac Systems announces the sale of four semi-commercial greywater
recycling systems to MUMI Mining Group, South Africa.
Brac Systems Inc. is pleased to announce the sale of four semi-commercial
greywater recycling systems to MUMI Mining group, South Africa. Tom Wright of
Creative Energy Solutions SA (CESSA), Brac Systems Inc.'s South African
representative, responsible for the MUMI Mining Group project enthused
"This is a major step toward the reduction of this mining industry's
carbon footprint within Africa and the preservation of our most valuable
natural resource."
Dennis Yasar, president and CEO of Brac Systems currently in Costa Rica
overseeing Brac Systems expansion project in the Central and South
American region stated. "Creative Energy Solutions in South Africa are to
be congratulated for their splendid efforts in securing this project which we
believe will develop into a strong and successful partnership within the
African market."
The four semi-commercial greywater recycling systems are to be installed in the
MUMI Group's new labor camp servicing sixty four single units, a recreation
facility and dining hall. This new camp has been designed to allow for future
expansion in which the SGW semi-commercial greywater recycling systems are the
ideal solution. "The systems are modular in design, this will allow for
additional greywater holding tanks to upgrade the semi-commercial greywater
systems to accommodate the change in requirements of the camp." said Mr.
Wright.
Four further labor camps are to be constructed by the MUMI Group in Africa
company with the inclusion of the Brac Systems semi-commercial greywater
recycling systems expected.
Mining companies throughout Africa now required to lower their carbon footprint
and CESSA are well positioned to provide real solutions for this, and a
multitude of other industries. "We are currently working on numerous
projects in Southern and Central Africa in the tourism and commercial
industries as well as private and public buildings which will establish Brac
Systems as the preferred choice, not only for greywater recycling but also
rainwater harvesting and blackwater treatment." said Mr. Wright.
This sale in South Africa provides additional encouragement that this continent
will prove to be of significant value for both Brac Systems and CESSA with
increasing confidence in the emergence of Africa to be a strong and profitable
market.
This press release includes forward-looking statements. Forward-looking
statements generally can be identified by the use of forward-looking
terminology such as “may”, “will”, “expect”, “intend”, “anticipate”, “plan”,
“foresee”, “believe” or “continue” or the negatives of these terms or
variations thereon or similar terminology. By their nature, forward-looking
statements require Brac Systems Inc to make assumptions and are subject to
important known and unknown risks and uncertainties, which may cause Brac
Systems Inc’s actual results in future periods to differ materially from
forecasted results. While Brac Systems Inc considers its assumptions to be
reasonable and appropriate based on current information available, there is a
risk that they may not be accurate.
Certain factors that could cause actual results to differ materially from those
anticipated in the forward-looking statements include risks associated with
general economic conditions, risks associated with Brac Systems Inc’s business
environment, operational risks (such as regulatory risks and dependence on key
personnel, risks associated with doing business with partners, risks involved
with developing new products and services, warranty and casualty claim losses,
legal risks from legal proceedings, risks relating to the Corporation’s
dependence on certain key customers and key suppliers, risks resulting from
fixed term commitments, human resource risk and environmental risk), financing risks
(such as risks resulting from reliance on government support, risks relating to
financing support provided on behalf of certain customers, risks relating to
liquidity and access to capital markets, risks relating to the terms of certain
restrictive debt covenants and market risks, including currency, interest rate
and commodity pricing risk). The forward-looking statements set forth herein
reflect Brac Systems Inc’s expectations as at the date hereof and are subject
to change after such date. Unless otherwise required by applicable securities
laws, Brac Systems Inc expressly disclaims any intention, and assumes no
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
Suzanne Holbrook
Brac Systems - Awarded Best New Product (Energy Efficient category) at Mecanex
Climatex 2007 (Canada)
Named a Top Ten Green Building Product for 2007 by Sustainable Industries
Journal (USA)
Awarded 1st Place for "Most Innovative New Product" at CIPHEX WEST
2008 (Canada)
Contact:
Emmanuel Brien
Brac Systems Inc
3614 Poirier
Ville St-Laurent
Montreal, Quebec H4R 2J5
1-514-856-2722
Toll Free : 1-866-494-2722
