Sorel-Tracy, May 27, 2008 - Conporec Inc ("Conporec" or the "Company"), received the confirmation that its consortium has been short-listed among a group of three finalists for a major waste recovery project in the Estrie region (Ca). After reviewing all the qualifications documents submitted the Conférence Régionale des Élus de l'Estrie (CREE), which includes the cities of Sherbrooke and Magog, has indeed confirmed that the Conporec-Axor Inc. consortium which also includes the participation of Teknika-HBA Inc. was selected after demonstrating its financial, technical, and environmental capabilities as well as its capacity to implement a project of that magnitude.
The three short-listed firms and consortia will be invited to submit formal proposals following a request for proposal planned in the coming weeks. "The CREE's decision to retain Conporec's sorting-composting technology as one of the preferred options is an important milestone in the recognition of our technology in Quebec and confirms once again the strong interest shown by municipalities for this simple and proven technology" declared Mr. Jean Beaudoin, president and CEO of Conporec.
Conporec announces today that its Executive Vice President and Chief Financial Officer, Mr. Alain Landry, is leaving the company to pursue other interests. Conporec wishes to thank Mr. Landry for its invaluable collaboration. Mr. Michel Desaulniers, the Company controller for the past 15 years will act as CFO on an interim basis.
Conporec inc. develops, owns and operates various patented technologies for the treatment and the recycling of residues into valuable resources and energy. The company successfully delivered or is in the process of completing plants in Canada, France, United States and Australia. Conporec is a socially responsible organization listed on the Toronto Stock Exchange (Venture) and the NYSE/Euronext in Paris (Alternext).
TSX - V: CNX
Alternext : ALCNX
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties or other factors that may cause actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
The TSX Venture Exchange has not approved the information contained herein and accepts no responsibility for it, nor the validity of the operation planned.
|Additional information:||Jean Beaudoin
President and CEO
HKDP Communications and public affairs
Tel. : 514.395.0375 - ext. 234
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