Kelso Announces Sale of 29 Pressure Relief Valves
posted on
Aug 25, 2008 09:56AM
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Kelso Announces Sale of 29 Pressure Relief Valves
Pink Sheets:KEOSF), a customer-driven, product-solutions company and developer of the unique JS line of pressure relief valves and Manway Securement System, (the “Company”) announced today that it has received an additional order from Trinity Industries, the largest rail tank car manufacturer in North America. The order demonstrates Kelso’s superior performance and cost-savings features that is leading many existing and new customers to adopt Kelso’s valve technology. A major chemical manufacturer has specified Kelso stainless steel pressure relief valves for 29 new rail tank cars to be built by Trinity Industries later this year. The chemical manufacturer has chosen the Kelso safety valve for tank cars scheduled for service carrying liquid calcium chloride which is a corrosive material. This commodity, which is quite corrosive, needs not only a stainless steel valve but one that is totally external to the tank car which thereby eliminates possible deterioration of the valve components due to exposure to the chemical during transit. The chemical manufacturer is pleased to have an improved technology available for its tank cars that overcomes problems with the pressure relief valve technology used in the past. By specifying Kelso safety valves on new cars, the chemical manufacturer is casting a vote of confidence in the Kelso’s improved technology. Kelso continues to make strides in the marketplace by expanding its customer base and increasing sales to its existing customers as well. Kelso has already added significant, new, Fortune 500 customers to its stable of satisfied customers, increased the range and type of products it offers for sale to the rail sector, refashioned Kelso into a “customer-driven, product solutions” company and through concerted expert efforts, have
developed a new reputation for Kelso, that of an innovator in the rail sector. Kelso Technologies Inc. is a public Company that trades on the TSX Venture Exchange under the symbol KLS and is quoted in the United States on the Pink Sheets under the symbol KEOSF. For further information: please visit Kelso Technologies’ website at www.kelsotech.com or contact Shareholder and Investor Relations at 1.866.535.7685 (604.878.7600) or by email to kelso @ kelsotech.com. Issued on behalf of the Board of Directors