Press release
Brac Systems Inc. Announces Sale of a Commercial Greywater Recycling System
Brac Systems Inc. (BAAC - OPEN MARKET - Frankfurt Stock Exchange) today announced the sale of a commercial greywater recycling system to the New Cassel Community Center, New York, U.S.A.Montreal, Quebec, August 17, 2011 - Brac Systems Inc. (BAAC - OPEN MARKET - Frankfurt Stock Exchange) today announced the sale of a commercial greywater recycling system to the New Cassel Community Center, New York, U.S.A.
The New Cassel Community Center, currently under construction is located in North Hempstead, New York, one of the United States' first suburbs. The area is on the final stages of a $60 million revitalization project in which the new $24.5 million community center will be the neighbourhood's focal point. The Brac Systems Inc. commercial greywater recycling system will be installed in the new 50,000 square foot building which will incorporate two regulation size basketball courts, television studio, recording studio, stage for theatrical productions, Internet cafe, meeting rooms, social event hall, fitness center and administrative offices.
The community center, in planning for several years, has only recently become a reality and is expected to be complete in May 2012. A number of modifications to the greywater recycling system were required to meet the buildings specifications. "This is an interesting custom commercial system which will incorporate our greywater recycling duplex pump station integrated with the buildings own swallow well pumping system." said Emmanuel Brien, Technical Director of Brac Systems Inc. "It demonstrates the versatility of our systems and the possibilities they provide to be configured to suit a multitude of diverse project applications." continued Mr. Brien.
Brac Systems Inc. would like to express gratitude to Steven Schaeperkoetter, Senior Project Manager of Cameron Engineering & Associates., a strong advocate of water conservation, who was instrumental in acquiring approval for the installation of greywater recycling systems in the state of New York. The Brac Systems team and Mr. Schaeperkoetter have worked closely together to bring the various elements of this project to fruition. “Since the initial contact with Brac Systems over two years ago, the company have provided continued support for the community center development which has required adaptation of their greywater recycling system for integration into the building’s design specifications.†explained Mr. Schaeperkoetter.
One of the major driving forces behind the design of the New Cassel Community Center was to increase energy efficiency of the building while reducing its overall environmental impact. The community center is expected to receive a Leadership in Energy Efficient Design (LEED) Platinum certification after construction is complete. The LEED certification is an important international benchmark for the design, construction and operation of high performance green buildings in which Brac Systems Inc.'s products are continually chosen. The New Cassel Community Center will be one of the first LEED Platinum rated community centers in North America and a significant achievement for all those involved.
The funding for this project has been the result of public and private sector cooperation in which Brac Systems Inc. reputation for supplying advanced greywater recycling systems is both recognized and respected as an environmentally responsible approach to water conservation.
For further information on the Metropolitan Center visit: http://downtownmetropolitancenter.com
This press release includes forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “anticipate”, “plan”, “foresee”, “believe” or “continue” or the negatives of these terms or variations thereon or similar terminology. By their nature, forward-looking statements require Brac Systems Inc to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause Brac Systems Inc’s actual results in future periods to differ materially from forecasted results. While Brac Systems Inc considers its assumptions to be reasonable and appropriate based on current information available, there is a risk that they may not be accurate.
Certain factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include risks associated with general economic conditions, risks associated with Brac Systems Inc’s business environment, operational risks (such as regulatory risks and dependence on key personnel, risks associated with doing business with partners, risks involved with developing new products and services, warranty and casualty claim losses, legal risks from legal proceedings, risks relating to the Corporation’s dependence on certain key customers and key suppliers, risks resulting from fixed term commitments, human resource risk and environmental risk), financing risks (such as risks resulting from reliance on government support, risks relating to financing support provided on behalf of certain customers, risks relating to liquidity and access to capital markets, risks relating to the terms of certain restrictive debt covenants and market risks, including currency, interest rate and commodity pricing risk). The forward-looking statements set forth herein reflect Brac Systems Inc’s expectations as at the date hereof and are subject to change after such date. Unless otherwise required by applicable securities laws, Brac Systems Inc expressly disclaims any intention, and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise
Suzanne Holbrook
Contact:
Brac Systems Inc.
Tel: 1-514-856-2722
Toll Free : 1-866-494-2722
http://www.bracsystems.com
Brac Systems - Awarded Best New Product (Energy Efficient category) at Mecanex Climatex 2007 (Canada)
Named a Top Ten Green Building Product for 2007 by Sustainable Industries Journal (USA)
Awarded 1st Place for "Most Innovative New Product" at CIPHEX WEST 2008 (Canada)
Contact:
Emmanuel Brien
Brac Systems
3614 Poirier
Ville St-Laurent
Montreal, Quebec H4R 2J5
1-514-856-2722
pr@stockvest.com
http://www.bracsystems.com
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