Montreal, Quebec Canada (PressExposure) August 26, 2011 -- Brac Systems Inc. (BAAD - OPEN MARKET - Frankfurt Stock Exchange) - Brac Systems announces the sale of four semi-commercial greywater recycling systems to MUMI Mining Group, South Africa.
Brac Systems Inc. is pleased to announce the sale of four semi-commercial greywater recycling systems to MUMI Mining group, South Africa. Tom Wright of Creative Energy Solutions SA (CESSA), Brac Systems Inc.'s South African representative, responsible for the MUMI Mining Group project enthused "This is a major step toward the reduction of this mining industry's carbon footprint within Africa and the preservation of our most valuable natural resource."
Dennis Yasar, president and CEO of Brac Systems currently in Costa Rica overseeing Brac Systems expansion project in the Central and South American region stated. "Creative Energy Solutions in South Africa are to be congratulated for their splendid efforts in securing this project which we believe will develop into a strong and successful partnership within the African market."
The four semi-commercial greywater recycling systems are to be installed in the MUMI Group's new labor camp servicing sixty four single units, a recreation facility and dining hall. This new camp has been designed to allow for future expansion in which the SGW semi-commercial greywater recycling systems are the ideal solution. "The systems are modular in design, this will allow for additional greywater holding tanks to upgrade the semi-commercial greywater systems to accommodate the change in requirements of the camp." said Mr. Wright.
Four further labor camps are to be constructed by the MUMI Group in Africa company with the inclusion of the Brac Systems semi-commercial greywater recycling systems expected.
Mining companies throughout Africa now required to lower their carbon footprint and CESSA are well positioned to provide real solutions for this, and a multitude of other industries. "We are currently working on numerous projects in Southern and Central Africa in the tourism and commercial industries as well as private and public buildings which will establish Brac Systems as the preferred choice, not only for greywater recycling but also rainwater harvesting and blackwater treatment." said Mr. Wright.
This sale in South Africa provides additional encouragement that this continent will prove to be of significant value for both Brac Systems and CESSA with increasing confidence in the emergence of Africa to be a strong and profitable market.
This press release includes forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "anticipate", "plan", "foresee", "believe" or "continue" or the negatives of these terms or variations thereon or similar terminology. By their nature, forward-looking statements require Brac Systems Inc to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause Brac Systems Inc's actual results in future periods to differ materially from forecasted results. While Brac Systems Inc considers its assumptions to be reasonable and appropriate based on current information available, there is a risk that they may not be accurate.
Certain factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include risks associated with general economic conditions, risks associated with Brac Systems Inc's business environment, operational risks (such as regulatory risks and dependence on key personnel, risks associated with doing business with partners, risks involved with developing new products and services, warranty and casualty claim losses, legal risks from legal proceedings, risks relating to the Corporation's dependence on certain key customers and key suppliers, risks resulting from fixed term commitments, human resource risk and environmental risk), financing risks (such as risks resulting from reliance on government support, risks relating to financing support provided on behalf of certain customers, risks relating to liquidity and access to capital markets, risks relating to the terms of certain restrictive debt covenants and market risks, including currency, interest rate and commodity pricing risk). The forward-looking statements set forth herein reflect Brac Systems Inc's expectations as at the date hereof and are subject to change after such date. Unless otherwise required by applicable securities laws, Brac Systems Inc expressly disclaims any intention, and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Brac Systems - Awarded Best New Product (Energy Efficient category) at Mecanex Climatex 2007 (Canada) Named a Top Ten Green Building Product for 2007 by Sustainable Industries Journal (USA) Awarded 1st Place for "Most Innovative New Product" at CIPHEX WEST 2008 (Canada)