Eurocontrol Launches State of the Art Mobile Geological Data Analysis Solution for the Mining Industry
Toronto, CANADA, May 08, 2013 - Eurocontrol Technics Group Inc. (TSX Venture: EUO) ("Eurocontrol" or the "Company"), a Canadian public company specializing in the acquisition, development and commercialization of innovative authentication, verification, certification and energy security technologies, is pleased to announce the introduction of Geological Mapping Solution (GMS), a technology that has been developed by Xenemetrix Ltd., a wholly-owned subsidiary of Eurocontrol, to work with Xenemetrix's Energy-Dispersive X-Ray Fluorescence (ED-XRF) mobile spectrometer technology. The ED-XRF system provides an onsite laboratory level solution to rapidly analyze almost all sample types and shapes (solids, liquids, powders and thin films) and the GMS technology utilizing ED-XRF enables location based geological data to be transferred immediately to the user's server for reporting and monitoring significantly improving the user's ability to analyze data in real time from exploration locations.
Geological Mapping Solution (GMS): Xenemetrix Geological Mapping Solution (GMS) includes compact size 50W tube power mobile analyzers that can easily be transported between sites or robust lab systems that are ideal to install in a mobile laboratory. The advanced software package is equipped with GPRS/WiFi/Satellite Data Transfer and GPS and is easily operated by non-skilled personnel. This "client-server" configuration delivers analytical flexibility and availability for research and monitoring tasks of multiple systems anywhere in the world, enables fast monitoring of field results provided with unique location tag, time stamp and quantification results per element of interest of each sample been measured. Through the GMS server system, setup and calibrations can be fine-tuned and the data collected can be sent to an advanced report repository to provide a state-of-the-art data analysis and monitoring on a daily basis. Xenemetrix's powerful laboratory spectrometers (EX-6600 SDD/X-7600 SDD-LE), equipped with Advanced Standard-less Fundamental Parameters (SLFP) Software (a complete XRF analysis tool, enabling quantitative analysis of various samples without need of certified reference materials- standards) enables a comprehensive analysis of the laboratory data transferred, providing the ultimate full solution of analyzing data in real time from multiple exploration locations.
The target market for Xenemetrix's Geological Mapping Solution, are geological survey companies, geological and mineral exploration companies amongst others. Materials recovered by geological survey and exploration from the earth includes: base metals, precious metals, iron, uranium, limestone, rock salt and potash. Xenemetrix's advanced spectrometers allow an on-site direct analysis of exploration minerals or other geological materials thereby reducing turnaround times for results from days, weeks and sometimes months to seconds compared to laboratory based analysis.
About Eurocontrol Technics Group Inc.
Eurocontrol through its three wholly owned subsidiaries, Global Fluids International S.A. ("GFI"), Xenemetrix Inc. ("Xenemetrix") and XwinSys Ltd. ("XwinSys"), is a leading provider and innovator of detection and marking systems worldwide. GFI and Xenemetrix are global pioneers in developing and implementing innovative molecular marking systems for the oil industry and XwinSys is currently a development stage company. GFI's unique and proprietary liquid authentication system, PetromarkTM, is the world's leading solution for fully integrated oil marking, mixing and detection. Xenemetrix is a leading designer, manufacturer and marketer of energy-dispersive x-ray fluorescence ("EDXRF") systems, a technology that is the most accurate and economic method for determining the chemical composition of many types of materials, including the analysis of petroleum oils and fuel. XwinSys is currently developing intellectual property that will combine 2D and 3D image processing technology from Brossh Inspection Systems Ltd. of Israel with Xenemetrix's EDXRF technology for application in the semi-conductor manufacturing process.
For further information on Eurocontrol, please visit the Company's website at www.eurocontrol.ca or contact:
W. Bruce Rowlands
Chairman and Chief Executive Officer
Eurocontrol Technics Group Inc.
Tel: (416) 361-2808 | Fax (416) 364-5400
Email: browlands@eurocontrol.ca
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Cautionary Note Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the future financial or operating performance of each of Eurocontrol, its projects and partnerships, the timing of the future launch of new systems, , the effect the patent can be expected to have on Eurocontrol's performance and regulatory matters. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Eurocontrol, Xwynsis and Xenemetrix to be materially different from those expressed or implied by such forward- looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; achievement of synergies; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the industrial industry; and, delays in obtaining governmental approvals or in the completion of activities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Eurocontrol does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
A thin-film sample support window is a substance used for retaining liquid, powdered, slurry or solid specimens in XRF Sample Cups. Of the many different types of materials available, few possess the necessary combination of consistency and chemical and physical properties to serve x-ray spectrochemical needs.
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