MONTREAL, Sept. 28, 2015 /CNW Telbec/ - PyroGenesis
Canada Inc. (http://pyrogenesis.com) (TSXV: PYR) (OTCQB:
PYRNF), a TSX Venture 50® clean-tech company (the "Company" or
"PyroGenesis") that designs, develops, manufactures and
commercializes plasma waste-to-energy systems and plasma torch
products, announced today that it received an order from Supervisor
of Shipbuilding, Conversion & Repair ("SUPSHIP") to train US
Navy sailors on its Plasma Arc Waste Destruction System ("PAWDS")
Engineering Design Model at its manufacturing facility in
Montreal. The first group of sailors are expected to arrive
in the fall of 2015.
PyroGenesis will offer three (3) distinct training programs,
including mechanical maintenance personnel, electrical maintenance
personnel, and system operators. The training will take place on an
existing full scale system which is developed and installed at
PyroGenesis' manufacturing facility in Montreal. The first group of sailors
have been contracted to be trained under this new program for
approximately US$ 100,000 and will
arrive in the second half of 2015; the training will last for a
period of approximately four (4) weeks.
Separately, following the sale of two PAWDS Marine systems for
the latest generation of US Navy aircraft carriers, PyroGenesis
continues to provide technical support to Newport News Shipbuilding
Huntington Ingalls. Since the beginning of 2015, PyroGenesis has
received contracts for technical support totalling over
US$ 100,000 and expects this to
exceed US$ 200,000 by year-end.
As previously announced, PyroGenesis is also pursuing
discussions with the US Navy to provide technical support and spare
parts throughout the ships' expected 50-year lifespan, as well as
developing an ongoing educational/certification program in PAWDS
Marine system operations.
"This order to develop and implement a training program is one
of several support services that PyroGenesis is proposing to the US
Navy," said Pierre Carabin, Director
of Engineering at PyroGenesis.
"We are very proud of the fact that the US Navy recognises
PyroGenesis' skills and expertise not only in the design and
manufacture of high-tech plasma waste destruction systems, but also
in our after-sales support services", stated Paul Simmons, CFO of PyroGenesis. "Training US
Navy sailors in the operation and maintenance of our PAWDS Marine
systems will be an honor that we look forward to fulfilling."
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., a TSX Venture 50® clean-tech company,
is the world leader in the design, development, manufacture and
commercialization of advanced plasma processes. We provide
engineering and manufacturing expertise, cutting-edge contract
research, as well as turnkey process equipment packages to the
defense, metallurgical, mining, advanced materials (including 3D
printing), oil & gas, and environmental industries. With a team
of experienced engineers, scientists and technicians working out of
our Montreal office and our 3,800
m2 manufacturing facility, PyroGenesis maintains its
competitive advantage by remaining at the forefront of technology
development and commercialization. Our core competencies allow
PyroGenesis to lead the way in providing innovative plasma torches,
plasma waste processes, high-temperature metallurgical processes,
and engineering services to the global marketplace. Our operations
are ISO 9001:2008 certified, and have been since 1997. PyroGenesis
is a publicly-traded Canadian company on the TSX Venture Exchange
(Ticker Symbol: PYR) and on the OTCQB Marketplace (Ticker Symbol:
PYRNF). For more information, please visit www.pyrogenesis.com
This press release contains certain forward-looking
statements, including, without limitation, statements containing
the words "may", "plan", "will", "estimate", "continue",
"anticipate", "intend", "expect", "in the process" and other
similar expressions which constitute "forward-looking information"
within the meaning of applicable securities laws. Forward-looking
statements reflect the Company's current expectation and
assumptions, and are subject to a number of risks and uncertainties
that could cause actual results to differ materially from those
anticipated. These forward-looking statements involve risks and
uncertainties including, but not limited to, our expectations
regarding the acceptance of our products by the market, our
strategy to develop new products and enhance the capabilities of
existing products, our strategy with respect to research and
development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Company with respect to future events and are subject to certain
risks and uncertainties and other risks detailed from time-to-time
in the Company's ongoing filings with the securities regulatory
authorities, which filings can be found at www.sedar.com,
www.sec.gov/edgar.shtml, or at www.otcmarkets.com. Actual results,
events, and performance may differ materially. Readers are
cautioned not to place undue reliance on these forward-looking
statements. The Company undertakes no obligation to publicly update
or revise any forward-looking statements either as a result of new
information, future events or otherwise, except as required by
applicable securities laws.
Neither the TSX Venture Exchange, its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) nor the OTCQB accepts responsibility for the
adequacy or accuracy of this press release.
SOURCE PyroGenesis Canada Inc.