UV Pure Technologies Announces Sale

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Clearford Water Systems Inc., based in Ottawa, Ontario, has purchased a 91 percent interest in UV Pure. The transaction is expected to close on or before Dec. 10, 2014.

Rick VanSant, president and CEO of UV Pure said, “Clearford and UV Pure know each other well, having worked together commercially since 2012. Clearford is a long-standing UV Pure customer that uses our patented UV disinfection systems as the final stage in its wastewater treatment solution Clearford One. Clearford is also UV Pure’s exclusive distribution partner in the Colombian market.

UV Pure has a six-year history of positive operating earnings and revenue growth (per Canadian Accounting Standards for Private Enterprises). The company has an installed base of about 14,000 applications globally with the proven performance advantages of UV Pure’s patented Crossfire Technology. The investment from Clearford Water Systems means UV Pure has a knowledgeable strategic partner with access to capital markets and a like-minded interest in accelerating market penetration, profitable revenue growth and technology development.

Our leadership team will remain shareholders of UV Pure Technologies, and is excited to begin the next chapter of UV Pure’s growth story in partnership with Clearford Water Systems. Both companies’ technologies and solutions are targeted at smaller municipal, industrial and commercial distributed treatment applications and that is where the global market is growing fastest. We believe the combination of Clearford and UV Pure will leverage each company’s strengths to maximum advantage.”

Kevin Loiselle, president and CEO of Clearford commented, “We are very excited to add UV Pure and their Crossfire technology to the Clearford family. Our experience as Colombian distributor has demonstrated to us that there is a robust worldwide market for this product. Test results using Crossfire directly on ClearDigest effluent delivered through ClearConvey indicate that the Clearford One system can produce treated and disinfected water to meet the needs of many areas in the developing world without the need for a wastewater treatment plant. We look forward to introducing UV Pure to India and other international markets.”

About UV Pure Technologies Inc.
UV Pure Technologies manufactures technically advanced UV water purification systems. The company has won an Artemis Top 50 Clean Tech Company award, two Frost and Sullivan Best Practices awards, is a Going Green Global Top 200 company, and won a Canadian Drinking Water Association award for innovation. For more information visit www.uvpure.com.

About Clearford Water Systems Inc.
Clearford Water Systems Inc. is a provider of unified water management and sanitation systems based on Clearford One. Clearford One is a proprietary system comprised of ClearDigest smart digester, SBS ClearConvey small bore sewer and ClearRecover. For more information visit www.clearford.com.


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