Kelso Information Available Through Standard & Poor's Corporation Records Listing Program
Posted on April 26, 2011 at 12:48 PM EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 26, 2011) - James R. Bond, CEO and President of the Company (TSX VENTURE:KLS)(PINK SHEETS:KEOSF) announces that the Company's corporate information is now available via Standard & Poor's Corporation Records Listing Program. As part of the program, a full description of Kelso will be published in the Daily News Section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 States under the Blue Sky Laws. Standard Corporation Records is available in print, CD-ROM, and via the Web at www.netadvantage.standardandpoors.com as well as through numerous electronic vendors.
The company information about Kelso to be made available through this program includes an in-depth description of Kelso's business operations, share price, dividend history, shares outstanding, company financial position, earnings and full income statement and balance sheet.
Company information distributed through the Corporation Records Program is based upon information that Standard & Poor's considers reliable, but neither Standard and Poor's nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or any other financial instrument.
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About Kelso Technologies
Kelso designs, engineers; markets, produces and distributes innovative proprietary products including constant force pressure relief valves and a new unique manway securement system that are designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars in North America. Operations are based in Vancouver, Chicago and Bonham, Texas.
The Company's innovative "best available technology" products and production facilities now meet the demanding design, testing and production standards of the AAR. Kelso is now focused on the full scale commercial marketing and distribution of its proprietary technologies in 2011.
With the economic recovery in North America, the enforcement of US and Canadian environmental regulations for shippers of chemical commodities and the adverse effects of wear and tear on existing railroad fleets management expects that the railroad industry will rebound significantly. Management is confident that its reorganization in 2010 has laid the foundation from which to pursue a market made up of over 700 new tank-car builders, major chemical shippers, repair shops and retrofitters. This will allow the Company to grow its new MSS and pressure relief valve business successfully over the coming years. The Company will update, by way of news releases, progress reports in the future.
For a more complete business and financial profile of the Company, management encourages interested parties to view the Company's website at www.kelsotech.com and public documents posted on www.sedar.com.
On behalf of the Board of Directors
James R. Bond, CEO and President
Legal Notice Regarding Forward Looking Statements: This news release contains "forward-looking statements within the meaning of applicable Canadian securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements in this news release include that our products reduce the risk of environmental harm, that we will become a reliable supplier of high quality "best available technology" proprietary products; that we can move to full scale commercial marketing and distribution of our products in 2011; that a market of over 700 potential customers exists, that the railroad industry will rebound significantly and that we can grow our manway securement system and valve business. Actual results could be significantly different than indicated. The Company's products involve detailed proprietary and engineering knowledge and specific customer adoption criteria, hence factors that could cause actual results to be materially different include that we may be unsuccessful in raising sufficient capital to develop, produce and deliver new orders; orders that are placed may be cancelled; product may not perform as well as expected; markets may not develop as quickly as anticipated or at all; or that the productive capacity of Kelso may not be able to be developed as expected because of finance, zoning, employment or other issues that may arise. Further, we are reliant on certain key employees who may leave the Company and we may be unable to protect or defend our intellectual property. Competitors may develop better or cheaper alternatives to our products. Investors are cautioned against placing undue reliance on forward-looking statements. We assume no responsibility to update these forward looking statements except to the extent required by law.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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