Seair Announces Addition of a New Director and Q3 FY2015 Results
July 29, 2015 (Source: Accesswire) — Seair Inc. (TSXV: SDS) (“Seair” or the “Corporation”) is pleased to announce the election of Lowy Gunnewiek to its board of directors, subject to TSXV approval. “We couldn’t be more pleased to have Lowy joining our board of directors. His background and expertise will be a strong asset to me and the rest of the management team. The bench strength of our board is unparalleled for a company our size and is poised to help us accelerate our growth,” said Jeff Seibert, CEO of Seair.
Lowy Gunnewiek is a Professional Engineer with more than 30 years of experience and has worked in the international oil & gas, mining and metals, power generation and infrastructure sectors. He is the CEO of Switchable Solutions Inc., leading the development and commercialization of its patented, platform “green chemistry” technology. He also is the Chairman of the Board at Sproule, a diversified, worldwide petroleum consulting firm, and has held various senior executive roles at Hatch Ltd, a global engineering firm. Mr. Gunnewiek has undergraduate and graduate degrees from Ryerson University and the University of Waterloo, and is a registered as a Professional Engineer in the provinces of Alberta and Ontario, Canada. He has published over 30 technical papers and three patents.
“I am pleased and excited to be joining the board of Seair. The company’s patented and proven technology enabled by a strong and motivated management team is attracting a lot of interest from industry, and I am looking forward to helping the company deliver on its potential” said Mr. Gunnewiek.
Seair also announced that it has filed its financial statements and Management’s Discussion and Analysis for the quarter ended May 31, 2015. Interested parties may view or download copies of these documents from www.SEDAR.com.
About Seair Inc.
The Company is a water technology corporation active at the heart of water-energy nexus that provides proprietary diffusion technology with global applications in several industry sectors, including oil & gas, mining, municipal and industrial wastewater applications. The key proprietary technology of the company solves critical oil-water separation (de-oiling) cost-effectively for oil producers. Seair has commercialized proprietary technology that can diffuse gases, such as oxygen, ozone and carbon dioxide, into liquids more effectively and with lower power consumption than the competition. Seair’s patented technologies can produce micron size bubbles that are more efficient than other diffusion technologies because the diffused gases remain in solution for extended periods of time, leading to increased productivity and lower operating costs. Seair has been working with customers in the Oil and Gas industry for over five years. Seair applications include oil sands SAGD water solutions, frac and produced water treatment, industrial ponds treatment, mine dewatering/treatment, end-to-end sewage treatment for permanent residential communities and remote work camps, golf course irrigation and pond treatment and most recently, industrial emissions treatment. Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such requests to firstname.lastname@example.org or visit the Seair website at www.seairinc.com
Statement Regarding Forward-Looking Information
This news release of Seair contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Seair’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Forward-looking statements in this document include statements regarding Seair’s expectations regarding the regulatory approval of the issuance of Common Shares in satisfaction of interest payable on the Debentures and the timing of the delivery of such Common Shares. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Seair’s expectations. Seair undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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