Canadyne Technologies Inc.

Canadyne Technologies Inc.

November 17, 2009 09:00 ET

Canadyne: Containing Canada's Crude

Major Oil Spill Equipment Contract Awarded by Canadian Coast Guard to Canadyne Technologies Inc.

RICHMOND, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2009) - Canadyne Technologies Inc. (Canadyne) has been awarded one of the largest oil spill containment boom contracts in Canadian history: over 12,000 m of Canadyne FenceBoom for use in Canada's harshest environment: the Arctic.

"We are most pleased that the Coast Guard has recognized the high quality and performance of our custom manufactured spill booms and has chosen to partner with us on this important project. This award is yet another step in our continued growth, and solidifies our position as Canada's largest oil spill containment boom manufacturer and as a trusted partner to the federal government. We appreciate the opportunity to increase and upgrade our clients' levels of emergency preparedness and response capabilities and, in so doing, serve to minimize the harmful effects of spills into our environment." - Leo Rimanic, Managing Director of Canadyne.

This contract is the result of a national tendering process which included a complete review and evaluation of all bidders' technical, management, and production capabilities, as well as the rigorous inspection and on-water testing of all vendors' proposed booms. Canadyne's proposal exceeded the Canadian Government's standards in all categories, and scored higher than domestic and international bidders on testing.

The equipment has been procured for use by the Canadian Coast Guard (CCG), and is destined for distribution to 13 locations within the Central and Arctic Region, including Yellowknife, Iqualuit, and Tuktoyaktuk. This area contains more than 70 percent of Canada's coastline and encompasses approximately 65 percent of Canada's marine waters. The region covers the Arctic seas, the Great Lakes, the St. Lawrence Seaway, west of Beauharnois, and inland and coastal waters of Nunavut, Ontario, Manitoba, Saskatchewan, Alberta, the Northwest Territories and the North Slope of the Yukon. Canadyne is proud to play a role in protecting Canada's waterways. The Coast Guard's confidence in Canadyne is well placed; Canadyne has supplied their custom oil containment boom and skimmers for key government clients within Canada, including the Canadian Department of National Defence (DND), as well as Coast Guards, refineries, oil companies, and oil spill response organizations (OSRO's) around the world.

About Canadyne Technologies Inc.

Canadyne Technologies Inc., based in Richmond, BC Canada is one of the world's premier suppliers of cost-effective and reliable pollution control equipment solutions. For more information about Canadyne's range of oil spill equipment, please visit www.canatec.com.

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