VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - Targeted Microwave Solutions Inc. (TSX VENTURE:TMS)(OTCQX:TGTMF)(FRANKFURT:A2ACNT) ("TMS", the "Company") is pleased to announce exceptional air emissions and water quality results.
TMS recently retained Air Monitoring Specialist, Inc. (AMS) to determine particulate matter and VOC emission levels of sulfur dioxide (SO2), nitrogen oxides (NO2) and carbon monoxide (CO) from the use of the Company's proprietary industrial microwave drying system in King William, Virginia. AMS conducted multiple test runs using montmorillonite clay and coal as sample materials and followed test methods and analytical procedures recommended by the United States Environmental Protection Agency (EPA). The results of the tests significantly exceeded the minimum targets set by the EPA.
Exhibit 1 - Reactor Emissions Summary
||Clay Test Run Emissions
||Coal Test Run Emissions
The emissions test results conclusively show that TMS's proprietary microwave drying system significantly reduces, and in some cases completely eliminates, toxic emissions that contribute to air pollution.
"Drying systems, no matter how complex, all have the same core function - they remove moisture from a material. Using our system, industries can reduce and, possibly, eliminate toxic emissions depending on the application. When technology eliminates toxic emissions and associated costs, significant growth in production capacity can be unlocked. Industries will be able to lower production costs and reduce their negative impact on the environment. Traditional industrial drying methods, powered by fossil fuel, are expensive, inefficient and emit significant amounts of toxic emissions. With our proven technology, we are positioning TMS to become a global leader in the greening of heavy industry," said Dr. James Young, Chief Executive Officer and Chairman.
TMS' Research and Development team also conducted tests on the quality of captured water when processing coal samples. Multiple water samples were tested by qualified third party laboratories and analyzed by Environmental Resources Management (ERM). ERM referred to Chinese standards for drinking and irrigation water to analyze and compare the water samples. Testing was carried out using EPA approved techniques. The results confirmed that the quality of water captured and conserved, exceeded the standards for Agricultural Grade water as set by the Chinese government.
The world's largest coal production and consumption occurs in China and India; as a result, they are also the largest emitters of toxic emissions. These two countries are also home to some of the world's highest "water-stressed" environments. Significant amounts of water consumption takes place in coal production and coal based energy production. This makes coal mines and coal-fired power plants in these regions high potential customers for TMS, as TMS' technology is capable of addressing these critical global issues. The Company's excellent test result, demonstrate its superior environmental performance and is further supported by the technology's strong economic benefits.
"Our technology is revolutionary. Coal mines depend on water to wash and process coal. Coal-fired power plants also require water to generate energy. Our technology has the ability to assist the coal industry to become self-supporting with respect to their water consumption. The agricultural grade water captured and conserved while drying low-rank coal using our Company's technology can be reused. Therefore, our customer's need to draw water from the local aquifers will be reduced," said Steve Lawson, Chief Technology Officer.
On behalf of the Board of Directors,
- Dr. James Young, Chief Executive Officer and Chairman
About Targeted Microwave Solutions Inc.
Targeted Microwave Solutions Inc. is a clean technology company that designs and installs vertical microwave reactors to dry and process coal, clay and biomass, including wood fibre. As a global leader in the advancement of microwave technology the Company's mission is to provide the industry with a cleaner and more efficient technology solution by eliminating toxic emissions, reducing energy requirements and conserving significant amounts of water.
The Company's R&D and commercial demonstration plant in King William, Virginia is strategically located near several major industrial clay and biofuel manufacturers. The marketing and testing facility in Shanghai, China collects and analyzes material samples from nearby coal power plants and coal mines. The Company is a reporting issuer in Canada and is listed on the following stock exchanges: (TSX VENTURE:TMS)(FRANKFURT:A2ACNT)(OTCQX:TGTMF)
For further information, please visit www.tmsenergy.com or review the Company's public disclosure filing on www.sedar.com.
About Air Monitoring Specialist, Inc.
Air Monitoring Specialists, Inc. (AMS) is an independent source testing firm located in Richmond, Virginia. Specializing in providing on-site stack sampling, AMS has the equipment and the staff to assist industrial and government facilities, waste management firms and engineers. AMS was incorporated in January, 1991 and has administered compliance testing following state and federal EPA regulations. In addition, our specialized company is capable of, and is experienced in, providing testing for design and engineering data. Our field staff is very flexible in meeting our customers' individual needs. For further information, please visit http://www.airmonitoringspecialists.com/
About the United States Environmental Protection Agency
The US Environmental Protection Agency (EPA) develops and enforces environmental policy and regulations throughout the country. It is responsible for administering all or part of a multitude of laws, such as the Clean Air Act, the Safe Drinking Water Act, and the ubiquitous National Environmental Policy Act. Besides working to ensure compliance with federal environmental rules, the agency provides support for state environmental protection programs. The agency is led by an administrator appointed by the US President. For further information, please visit https://www.epa.gov/
About Environmental Resources Management
Environmental Resources Management (ERM) is a leading global provider of environmental, health, safety, risk, social consulting services and sustainability related services. We have more than 160 offices in over 40 countries and territories employing more than 4,500 people who work on projects around the world. ERM is committed to providing a service that is consistent, professional and of the highest quality to create value for our clients. We have worked with many of the Global Fortune 500 companies delivering innovative solutions for business and selected government clients helping them understand and manage the sustainability challenges that the world is increasingly facing. For over 40 years we have been working with clients around the world and in diverse industry sectors to help them to understand and manage their environmental, health, safety, risk and social impacts. The key sectors we serve include Oil & Gas, Mining, Power, and Manufacturing, Chemical and Pharmaceutical. All face critical sustainability challenges and our clients in these and many other areas rely on our ability to assist them operate more sustainably which has a positive impact on our planet.
This news release contains certain statements which are, or may be deemed to be "forward-looking statements". Forward-looking statements are statements that address or discuss activities, events or developments that we expect or anticipate may occur in the future. Forward-looking statements consist of statements that are not purely historical and, in this news release, include, without limitation, statements regarding drying performance of the company's technology with respect to clay and coal. When used in this news release, words such as "estimates", "expects", "plans", "anticipates", "projects", "will", "believes", "intends", "should", "could", "may" and other similar terminology are intended to identify such forward-looking statements. Forward-looking statements reflect the then-current expectations, beliefs, assumptions, estimates and forecasts of our management. Because forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict, our actual results, performance or achievements or the actual results or performance of the industries and markets in which we operate and intend to operate may be materially different from those anticipated in our forward-looking statements. Forward-looking statements involve significant uncertainties and risks, should not be read as a guarantee of future performance or results and will not necessarily be an accurate indication of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in our forward-looking statements, including the ability to obtain all necessary stock exchange approvals, our ability to negotiate and executive definitive documentation and to fulfill any conditions precedent contained therein, the general level of interest to participate in the private placements and such other matters described in our public filings available on SEDAR at www.sedar.com. Accordingly, readers should exercise caution in relying upon our forward-looking statements and we undertake no obligation to publicly revise such statements to reflect subsequent events or circumstances, except as required by law.
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