Eurocontrol Technics Group Inc.
TSX VENTURE : EUO

Eurocontrol Technics Group Inc.

October 21, 2013 07:00 ET

Eurocontrol's Xenemetrix Wins Tender in India

EDXRF Analytical Spectrometer to Supply India's National Thermal Power Corporation

TORONTO, ONTARIO--(Marketwired - Oct. 21, 2013) -

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES.

Eurocontrol Technics Group Inc. (TSX VENTURE:EUO) ("Eurocontrol" or the "Company"), a Canadian public company specializing in the acquisition, development and commercialization of innovative energy security, authentication, verification and certification technologies, through its wholly owned subsidiary Xenemetrix Ltd., is pleased to announce the winning of a tender for the supply of analytical spectrometer equipment to India's National Thermal Power Corporation ("NTPC") to be utilized in their R&D centre for environmental safety and other research related applications. NTPC is India's largest power company and is included on the list of the 500 largest companies worldwide.

The tender win, valued at US$167,000, involves Xenemetrix's manufactured advanced laboratory EDXRF system, the EX-6600 SDD with air filters analysis option. The EX-6600 SDD AF is a versatile high-energy laboratory EDXRF spectrometer that can analyze liquids, solids, slurries, powders, pellets and air filters in different environmental conditions. The supplied system includes special settings for analysis of air filters for environmental safety, which continues the legacy of Xenemetrix systems of this type, that have been installed in numerous government facilities in India over the past five years.

Doron Reinis, Xenemetrix's CEO, stated: "We are pleased that the Government of India is expanding their use of Xenemetrix's EDXRF systems. We will continue to work with our local distribution company to expand sales in India over the coming years. With this installation, Xenemetrix's sales in India now stand at approximately $1 million since our acquisition by Eurocontrol in 2010."

About Eurocontrol Technics Group Inc.

Eurocontrol through its three wholly owned subsidiaries, Global Fluids International S.A. ("GFI"), Xenemetrix Inc. ("Xenemetrix") and XwinSys Ltd. ("XwinSys"), is a leading provider and innovator of detection and marking systems worldwide. GFI and Xenemetrix are global pioneers in developing and implementing innovative molecular marking systems for the oil industry and XwinSys is currently a development stage company. GFI's unique and proprietary liquid authentication system, Petromark™, is the world's leading solution for fully integrated oil marking, mixing and detection. Xenemetrix is a leading designer, manufacturer and marketer of energy-dispersive x-ray fluorescence ("EDXRF") systems, a technology that is the most accurate and economic method for determining the chemical composition of many types of materials, including the analysis of petroleum oils and fuel. XwinSys is developing technology and intellectual property that will combine 2D and 3D image processing technology from Brossh Inspection Systems Ltd. of Israel with Xenemetrix's EDXRF technology for application in the semi-conductor manufacturing process.

For further information on Eurocontrol, please visit the Company's website at www.eurocontrol.ca.

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