XENEMETRIX RECIEVES APPROVAL FROM ROMANIAN GOVERNMENT TO SELL EDXRF ANALYZER IN THE COUNTRY
F&S Award Winner Quality Control Systems Compliant with Romanian Law Toronto, Canada: Eurocontrol Technics Group Inc. (TSX Venture: EUO), a company specializing in the development of authentication, certification and energy security technologies, through its wholly owned subsidiary, Xenemetrix Ltd. (“Xenemetrix”), today announced that it had received approval from the Romanian government to sell its Energy-Dispersive X-Ray Fluorescence (“EDXRF”) technology in the country. Romanian government officials from the National Commission for Nuclear Activities Control were at Xenemetrix’s facilities earlier this month in order to audit Xenemetrix’s quality management systems. After testing and other reviews the Romanian government gave Xenemetrix the green light to sell its EDXRF analyzers in the country. Following this approval Xenemetrix sold to a private Romanian company an EX-6660 SDD system (approximate cost US$80,000), which has already been delivered. “Receiving approval from the Romanian government is only a first step,” commented Bruce Rowlands, President and CEO of Eurocontrol Technics Group. “Going forward Xenemetrix plans on further solidifying its European network by sourcing marketing and distribution partnerships with new and well established distributors in Europe and elsewhere,” added Bruce Rowlands. “This approval opens new horizons in a developing country,” said Doron Reinis CEO of Xenemetrix. “The Romanian market for EDXRF analyzers is expected to grow significantly in the next three years and Xenemeterix is well poised to meet the expected demand increase for its technologies,” added Doron Reinis. Eurocontrol’s other wholly owned subsidiary, Global Fluids International S.A. (“GFI”) specializes in the development of marking and detection systems for the oil industry. GFI produces the marking system and Xenemetrix’s EDXRF analyzers are the detection protocol used to detect the presence of the markers in hydrocarbons. About EurocontrolTechnics Group Inc. Eurocontrol Technics Group Inc. through its two wholly owned subsidiaries Global Fluids International S.A. ("GFI") and Xenemetrix Inc., is one of the world’s pioneers in developing and implementing innovative molecular marking systems for the oil industry. Through its proprietary PetromarkTM integral system, GFI has developed a four-part solution consisting of a molecular marker, injection, monitoring and control components. Such oil industry cost realities along with GFI’s five-year R&D efforts to create its industry-leading marking solutions, along with access to capital provided by Eurocontrol Technics Group Inc. allows management to pursue numerous anticipated oil marking opportunities in 2011 and in years to come. www.eurocontrol.ca About Xenemetrix Inc. Xenemetrix Inc. is based in Israel and is a leading designer, manufacturer and marketer of Energy-Dispersive X-ray Fluorescence (EDXRF) systems and components for a wide range of industries and applications. Relying on more than 30 years experience in the field, Xenemetrix provides quality and cost effective answers to real world analytical challenges by combining the latest technological developments with innovative engineering. Xenemetrix has an installed base of approximately 800 systems worldwide of which 250 are installed in the USA. Eurocontrol purchased Xenemetrix in October 2010 with the aim to leverage the in-house technology portfolio to revamp the product line to include systems dedicated to anti-counterfeiting and home-land security. Xenemetrix was awarded Frost & Sullivan’s “GLOBAL PRODUCT LINE STRATEGY OF THE YEAR AWARD IN THE EDXRF ANALYZERS MARKET” for the year 2010. Please visit Xenemetrix’s web site at: www.xenemetrix.com 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, expected synergies resulting from the partnership, the effect such arrangements 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 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; 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. For more information, contact: Sabina Srubiski W. Bruce Rowlands Investor Relations Manager President and Chief Executive Officer Eurocontrol Technics Inc. Eurocontrol Technics Inc. Tel: (416) 309-2957 Tel: (416) 861-5883 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES. 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.

 

NEWS and EVENTS

  • Eurocontrol Technics Group Finalizes Acquisition of XwinSys Ltd.

    Partnership Will Bring New Verification Technology to the Semiconductor Industry

    for more information

    Read more...

  • We are happy to announce- we have moved to new offices!

     

    To see our new address click here  

     

     

    Read more...

  • Pictures from Analytica Germany

    see our pictures from Analytica

     

    Read more...

  • Meetings on Xenemetrix booth at Analytica in Munich

     

    Xenemetrix distributors are meeting at our booth.

     

     

    analitica

    Read more...

  • Analytica 1st day, april 17th - Meetings and demonstrations

     

    Xenemetrix got an authorization to operate its EDXRF at the exhibition from the TUV. 

    We are providing demonstrations and test for our potential distributors.

    Come visit us at booth A2.436
    Picture2

    Read more...

  • Xenemetrix on Analytica the 1st day!

     

    Analytica has open it's gates today and  you are

    welcome to visit us at stand A2.436

    Get know our technologies and innovative EDXRF solutions.

     

     

    analitica2

     

    Read more...

  • Eurocontrol Technics Group Agrees to Acquire XwinSys Ltd.

     

    Read more...

  • March 2012: Thank you for visiting us at Pittcon 2012 in Orlando!

    We would like to thank all our visitors and partners visited us on Pittcon 2012 in Orlando.

    Read more...

  • Xenemetrix on Pittcon 2012

     

    See our solutions on booth #1170


    Read more...

  • Xenemetrix on Analytica 2012 in Munich

     

     

    Stop by Xenemetrix booth #A2.436


    Read more...

  • Upcoming Gulf Coast Conference

    Eastern Applied Research, Inc is pleased to offer the Xenemetrix line of EDXRF Spectrometers for material analysis.

    Read more...

  • Joint Venture Announced in RoHS Test Solution

    Read more...

  • XENEMETRIX RECIEVES APPROVAL FROM ROMANIAN GOVERNMENT TO SELL EDXRF ANALYZER IN THE COUNTRY

    Read more...