February 02, 2006 11:15 ET

Baden Participating in Oil Sands Project

CALGARY, ALBERTA--(CCNMatthews - Feb. 2, 2006) - Richard Ball, Chairman of the Board of Directors of Baden Technologies Inc. (TSX VENTURE:BDZ), today announced that its wholly-owned subsidiary FSI International Services Ltd. has begun work on a medium-term oil sands project.

Widening its expertise in the field and applying its considerable experience in the Russian brine blending market, FSI has completed custom fabrication, deployment and installation of blending equipment to the Fort McMurray area. The equipment will be used to blend a process by-product into process water to aid in the production of consolidated tailings. The initial three month test period includes an option to develop a permanent plant complete with additional automation and operational facilities.

Through its wholly owned subsidiary FSI International Services Ltd., Baden Technologies Inc. is a Calgary-based manufacturing and service company specializing in customized filtration, filtration-related technologies and Brine Plants for the international and domestic energy and chemical industries.

Certain statements in this document may be "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by Baden at the time of preparation, may prove to be incorrect. There is no representation by Baden that actual results achieved during the forecast period will be the same in whole or in part as those forecast. Baden disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Baden Technologies Inc.
    Richard Ball
    President & CEO
    (403) 571-4230
    Baden Technologies Inc.
    Ian Ball
    Chief Financial Officer
    (403) 571-4230
    (403) 230-3106 (FAX)