 |
 |
| PRESS RELEASE |
|
WAVEFRONT TECHNOLOGY SOLUTIONS INC. |
For Immediate Release: |
Primawave Reduces Remediation Treatment Costs By
More Than 40 Per Cent Cautionary
Disclaimer – Forward Looking Statements THE TSX VENTURE EXCHANGE NEITHER
APPROVES NOR DISAPPROVES THE CONTENTS OF THIS RELEASE WHICH WAS PREPARED
SOLELY AT THE DISCRETION OF MANAGEMENT
EDMONTON, Alta April 20, 2009 - Wavefront Technology Solutions Inc.
(“Wavefront”), a world leader in providing innovative solutions for
increasing oil field production and enhancing the treatment of contaminated
groundwater, is pleased to announce results from a highly successful
injection program where Primawave reduced remedial costs by more than 40 per
cent.
The two acre former industrial site in New Jersey was being redeveloped for
residential use and had high concentration levels of chlorinated and
non-chlorinated organic compounds which required treatment. The schedule
called for rapid remediation of the contamination with minimal impact to
adjacent property owners.
“Primawave helped decrease the number of injection points required at the
site by 75 per cent from a planned 483 injection points to 120, reducing
time in the field by more than one month,” said Wavefront President and CEO
Brett Davidson.
Primawave dramatically increased distribution of the remedial fluid in the
subsurface. Overall injection efficiency was maximized and the targeted
volumes of chemicals were delivered only after Primawave was applied. The
magnitude of the successful results in New Jersey has prompted this client
to use Primawave at other sites it manages.
“Wavefront’s Powerwave and Primawave technologies continue to generate
highly compelling results. They are transforming conventional approaches to
the injection of fluids in the oil and environmental sectors respectively,”
said Mr. Davidson. “The global market for these technologies is substantial.
We believe these unmatched injection approaches will be increasingly adopted
as their effectiveness becomes more widely observed.”
About Wavefront Technology Solutions Inc.
Wavefront specializes in designing and developing leading-edge techniques
for oil well stimulation, improved oil recovery, and environmental
groundwater remediation.
For further information please contact:
Brad Paterson, CFO
780-486-2222 ext. 224 Tel
investor.info@onthewavefront.com
On behalf of the Board Of Directors, Wavefront Energy & Environmental
Services Inc.
“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director
Certain statements contained herein regarding Wavefront and its operations
constitute “forward-looking statements” within the meaning of Canadian
securities laws and the United States Private Securities Litigation Reform
Act of 1995. All statements that are not historical facts, including without
limitation statements regarding future estimates, plans, objectives,
assumptions or expectations or future performance, are “forward-looking
statements”. In some cases, forward-looking statements can be identified by
terminology such as ‘‘may’’, ‘‘will’’, ‘‘should’’, ‘‘expect’’, ‘‘plan’’,
‘‘anticipate’’, ‘‘believe’’, ‘‘estimate’’, ‘‘predict’’, ‘‘potential’’,
‘‘continue’’ or the negative of these terms or other comparable terminology.
We caution that such “forward-looking statements” involve known and unknown
risks and uncertainties that could cause actual results and future events to
differ materially from those anticipated in such statements. Such factors
include fluctuations in the acceptance rates of Wavefront’s Powerwave and
Primawave Processes, demand for products and services, fluctuations in the
market for oil and gas related products and services, the ability of
Wavefront to attract and maintain key personnel, technology changes, global
political and economic conditions, and other factors that were described in
further detail in Wavefront’s continuous disclosure filings, available on
SEDAR at www.sedar.com. Wavefront expressly disclaims any obligation to
up-date any “forward-looking statements”, other than as required by law.