SCOTTSDALE, AZ and CALGARY, AB, Sept. 3,
2014 /PRNewswire/ - RDX Technologies Corporation
("RDX" or the "Company") (TSXV: RDX, OTCQX: RGDEF, FSE:RL7), a
water treatment and energy technology company, today announced the
filing of its easements in Ector County,
Texas, along its fully granted right of ways for its
pipeline operation located in Odessa,
Texas.
Dennis M. Danzik, Chief Executive
Officer of RDX, stated, "Today marks a real turning point in the
handling of treated water for reuse in Texas. We are very proud to be a part of this
cutting edge approach to water recycling. "
"RDX owning and operating a pipeline project seems far removed
from our start in the oil and gas industry over five years ago in
northeastern British Columbia, but
it is actually the best possible progression of collection,
treatment, delivery and reuse. This pipeline will prove that
recycling and moving treated water for reuse is the best
engineering and resource management approach for water. The
pipeline will deliver straight to the customer's delivery point and
should be completed within the next few weeks. Initial capacity,
which is completely sold out under contract, is 96,000 gallons per
hour, or just over two million gallons per day."
Ian Kerr, President of Kerr
Energy stated, "It has taken over two years for this project to
take hold; however our approach has now been validated and is being
implemented. Working with Dennis
Danzik and the entire RDX team has been a very positive
experience, and the quality of work that RDX delivers is second to
none. We are especially proud to be a part of the first large scale
water reuse contract in the State of
Texas. I am now working with RDX to open up additional
opportunities in the near future for regional treatment and
delivery systems for treated water. Water is a rapidly diminishing
resource, and yet remains an essential tool for most new energy
discoveries in Texas and other
resource rich districts in the United
States and Canada. In addition to the environmental
benefits, we believe that our approach is the most efficient and
cost effective solution in the marketplace."
Conference Call – The RDX Growth Model
The Company will host a business update conference call entitled
"The RDX Growth Model" on Thursday, October 9thth
at 10:00 a.m. Eastern Time. Mr.
Kerr will be a guest on the call discussing specific pipeline and
water opportunities that he is addressing with RDX. Topics on which
Mr. Kerr will be speaking include how the project was granted,
recurring revenue, pipeline route, and future routes in
Texas and other jurisdictions. The
Company will provide dial in information ahead of the scheduled
call.
ON BEHALF OF THE BOARD OF DIRECTORS
"Dennis M. Danzik"
Dennis M. Danzik, CEO
danzikdirect@rdxh2o.com
"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 news release. This news release may contain
forward-looking statements. Forward-looking statements address
future events and conditions and therefore, involve inherent risks
and uncertainties. Actual results may differ materially from those
currently anticipated in such statements. Such information is
subject to known and unknown risks, uncertainties and other factors
that could influence actual results or events and cause actual
results or events to differ materially from those stated,
anticipated or implied in the forward- looking information. Readers
are cautioned not to place undue reliance on forward-looking
information, as no assurances can be given as to future results,
levels of activity or achievements."
SOURCE RDX Technologies Corporation