SEAIR EMPLOYEE ELECTED TO ALBERTA ONSITE WASTEWATER MANAGEMENT BOARD OF DIRECTORS
Edmonton, Alberta, January 24, 2008. Seair Inc. (SDS:TSX Venture Exchange) is pleased to announce Mr. Kyle Greene, Seair's Research and Development Manager, has been elected to the Board of Directors of the Alberta Onsite Wastewater Management Association. Mr. Greene leads the technical aspects of Seair's municipal wastewater treatment business.
The Alberta Onsite Wastewater Management Association ("AOWMA") is the provincial not-for profit organization established to educate, train and certify industry professionals. The association engages its member installers, septage haulers, suppliers, municipalities and provincial government departments to arrive at sound practices that strengthen the industry, and ensure safe and effective septage management for all rural Alberta.
Harold Kinasewich, President and CEO of Seair states "We congratulate Kyle on this accomplishment. His presence on the AOWMA further demonstrates Seair's growing presence and influence in the wastewater treatment industry".
In addition, Seair announces it has approved the grant of 540,000 incentive stock options, exercisable at $2.90 per share for 5 years, to certain key employees, officers and directors as part of the ongoing human resources retention program. Approximately 70% of the options were granted to Officers and Directors. Seair has determined that an exemption from the valuation and minority approval requirements of the Ontario Securities Commission Rule 61-501 is available as the options issued to directors and officers of the Corporation and the consideration received by Seair from the insiders and related parties does not exceed $2,500,000, and because the fair market value of the consideration received from insiders does not exceed 25% of Seair's market capitalization.About Seair
Seair is a leading developer of patent protected diffusion and sterilization technologies which allow for the efficient diffusion of gases into a liquid, thereby facilitating numerous applications in a wide variety of industries including wastewater treatment, pulp and paper, food processing, aquaculture, agriculture/horticulture, sterilization, golf course irrigation and pond treatment, animal enhancement and oil and gas. Seair's primary focus is developing and selling equipment that diffuses gases, such as oxygen, ozone or carbon dioxide, into a liquid, resulting in a supersaturate solution. The major difference between Seair and other diffusion technologies is Seair's ability to achieve extremely small bubble size, which in turn allows for the mass transfer of gas to fluid. The result is a stable condition where gases remain in solution for extended periods of time, leading to increased productivity and lower operating costs. Seair provides diffusion-enhanced portable wastewater treatment plants through its subsidiary, Seair Septic.
Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such request to seair@telus.net or visit the Seair website at www.seair.ca.
FOR FURTHER INFORMATION PLEASE CONTACT:
Harold Kinasewich
Seair Inc.
T: 780 477 7188
F: 780 477 6622
E: seair@telus.net
This news release may contain certain forward-looking statements that reflect the current views and/or expectations of Seair Inc. with respect to its performance, business or future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary.
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