June 18, 2004
SEAIR technology being considered for clean- up of Canada’s Largest Toxic Waste Site
EDMONTON, ALBERTA—June 18 2004, SEAIR Inc. (“SDS” on the TSX Venture Exchange) is pleased to announce that Harold Kinasewich, CEO of SEAIR Inc. will be meeting with the Executive Director of Contractors and Vendors of the Government of Nova Scotia on June 22, in Halifax, Nova Scotia. In May 2004, the Government of Canada and the Government of Nova Scotia committed $400 million to cleaning up Canada’s largest toxic waste site, the Sydney Tar Ponds.
As reported by CBC (see ), The Joint Action Group overseeing the cleanup has declared that the methods implemented have to be environmentally sound, economically responsible, health conscious, and socially acceptable. Proposals for effective methods of attaining this goal are underway, and SEAIR will be a potential candidate for contributing to this clean-up.
Based on successful tests and applications to date, SEAIR Inc. is confident that this project is an ideal application of its patent pending diffusion technology and is intending to conduct bench tests on samples from the toxic waste site. It is expected that SEAIR Inc. will demonstrate that its technology is unique in its capacity to deliver diffused Ozone for sterilization of organic contamination and diffused Oxygen for providing the optimal aerobic environment to achieve the bioremediation goals of the project. SEAIR Inc expects to demonstrate that its participation will be cost effective
and environmentally safe. The market implications of this participation are anticipated to be of national and international importance. SEAIR Inc. will be providing regular news updates on the progress of this project.
SEAIR is engaged in the development, manufacture and sales of its proprietary diffusion and sterilization technologies with applications in various industries throughout North America and globally. The Corporation is actively involved in the North American Greenhouse industry within which it has been successful in the implementation and sales of its greenhouse nutrient diffusion technologies. Further applications of oxygenation and sterilization in industries such as Aquaculture, Aquaponics and Horticulture as well as other environmentally benign sterilization applications, and waste water bio-remediation are currently being developed and tested.
Parties interested in obtaining further information or receiving news releases and corporate documents from SEAIR may e-mail such request to ir@boardmarker.net or visit the SEAIR web site at:www.seair.ca
FOR FURTHER INFORMATION PLEASE CONTACT:
Boardmarker Consultancy Group
T: 403 517 2270
F: 403 517 2289
E: ir@boardmarker.net
Harold Kinasewich
SEAIR Inc.
T: 780 477 7188
F: 780 477 6622
E: seair@telus.net
This News Release includes certain “forward-looking statement” as such term is commonly understood. There can be no assurance that such statement will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this announcement. Important factors that could cause actual results to differ materially from the Corporation’s expectations include, among others, the ongoing results of current search. All subsequent written and oral forward-looking statements
attributable to the Corporation or persons acting on its behalf are expressly qualified in their entirety by this notice. While the Corporation anticipates that subsequent events and developments may cause the Corporation’s views to change, the Corporation specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing the Corporation’s views as of any date subsequent to the date of this release.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
