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Category: Investment, Water
Water Stocks News - Wescorp Energy Sells Flowstar Technologies; Will Focus on Its Water And Solids Remediation Business
CALGARY, ALBERTA - January 11, 2010 - Wescorp Energy Inc. (OTC.BB: WSCE) is pleased to announce that it has sold its Flowstar Technologies business unit to a full-service engineering firm based in Calgary Alberta, Canada.
As a result of this transaction, Wescorp will focus primarily on the growth of its Water and Solids Remediation business unit and actively pursue new opportunities for the H20maxx water and HCXT solids remediation technologies.
"Flowstar's metering and measuring devices complement many of the other client services offered by the engineering firm that now owns it," commented Doug Biles, President and CEO of Wescorp. "We are confident that Flowstar's client integrity will be maintained and the product will continue to be professionally serviced. Wescorp will now primarily focus its time, finances and manpower to its growing water and solids remediation business unit."
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
For more information contact:
Wescorp Energy Inc.
Investor Relations: Mark Komonoski, Toll-Free 1-877-255-8483, Office Line (403) 255-8483, Mobile (403) 470-8384, mkomonoski@wescorpenergy.com
www.wescorpenergy.com
Renmark Financial Communications Inc.: Jason Roy: jroy@renmarkfinancial.com
Barry Mire: bmire@renmarkfinancial.com, (514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: Wescorp Energy Inc.
Wescorp Energy Inc (OTC.BB: WSCE) is a featured Company on Investorideas.com, Water-stocks.com, Environmentstocks.com and Oilandgasstocknews.com
For more info on WSCE visit the Company Showcase.
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