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Subject to Exchange approval, the Company will pay a finder's fee in connection with the private placement. The net proceeds of the Offering will be used for research and development, value engineering, marketing and general working capital purposes.
About ESI
ESI is a leading manufacturer of patented and proprietary solutions for environments where understanding the presence, movement, and/or amount of water are important. Major market sectors include: Agriculture, Golf and Turf, Scientific Research, Civil Engineering and Crude Oil. ESI solutions have been successfully introduced into more than 40 countries to enable customers to optimize their operations by monitoring the presence and movement of water, managing irrigation systems, and monitoring the integrity of landfill covers. Most recently, the FloA-Point(TM) instrument has been introduced to the Oil industry to measure the volumetric presence of water pumped during crude oil extraction for characterization and optimization of the process. ESI differentiates itself by translating the best technology and science available into practical, easy to use solutions. Irrigation managers, Reservoir Engineers, and Scientists have adopted ESI's products for their accuracy, ease of use, repeatability, and ability to operate in challenging environments. ESI is publicly traded on the TSX Venture Exchange under the symbol "ESV". Further information about ESI may be obtained through the Company's website at www.esisensors.com.
SOURCE: E.S.I. Environmental Sensors Inc.
Investor Relations: ESI Environmental Sensors Inc. 2071C Malaview Avenue West, Sidney, BC V8L 5X6 (250) 655-3211 or 1-800-799-6324 Email: investor.relations@esica.com Media Contact: ESI Environmental Sensors Inc. David Porter, Vice President of Marketing (250) 655-3211 or 1-800-799-6324 Email: David.Porter@esica.com Website: www.esisensors.com
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