Vancouver, British Columbia, September 28, 2011 - Seair Inc. (TSXV:SDS) has reported sales of two dissolved air flotation systems to customers in North America, one each in Canada and the United States, for total proceeds of approximately $260,000.
InvestmentPitch.com has produced a "video news alert (http://www.investmentpitch.com/media/1032/Seair_Inc._TSXV:_SDS_News_Alert/)" about Seair Inc. If this link is not enabled, please visit www.InvestmentPitch.com (http://www.investmentpitch.com/) and enter "Seair" in the search box.
Although Seair has been around since 1998, and publicly traded since 2003, it still remains unknown to most investors. The company develops a variety of proprietary equipment, including diffusion systems, sterilization systems, wastewater treatment plants, oxygen concentrators and ozone generators.
Their patented Diffusion Chamber is capable of achieving a 5 micron sized gas bubble, which allows for the mass transfer of gases such oxygen, ozone and carbon dioxide to create a super saturated fluid, which is then reintroduced back towards its destination retaining 85% of the gas in a stable condition. Because gases remain in solution for extended periods of time, this results in increased productivity and lower operating costs. This facilitates numerous applications in a wide variety of industries, including potable and waste water treatment, pulp and paper, aquaculture, agriculture/horticulture, sterilization, golf course irrigation and pond treatment, animal enhancement and oil and gas.
The company is focusing on treating water for oilsands operators, supplying wastewater solutions for communities not connected to municipal collection systems, and employing their portable wastewater treatment plants at remote camps.
For the quarter ended May 31, 2011, the company reported net income of $276,000, an increase of 224% over the corresponding quarter in fiscal 2010. The shares currently trade at $0.54, and with approximately 29 million shares outstanding, the company is capitalized at less than $16 million.
For a more information on Seair Inc please visit their website at www.seair.ca (http://www.seair.ca/), phone 780-477-7188 or email seair@telus.net (mailto:seair@telus.net).
InvestmentPitch.com is a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com (mailto:bmorgan@investmentpitch.com)
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: InvestmentPitch via Thomson Reuters ONE
