1 Nov 2011 12:01
1 November 2011
Not for release, publication or distribution directly or indirectly, in whole or in part, in or into or from the United States of America (including its territories and possessions, any state of the United States, and the District of Columbia), Canada, Australia, the Republic of South Africa, the Republic of Ireland or Japan, or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.
This press release does not constitute or form a part of, and should not be construed as, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in MyCelx Technologies Corporation ("MyCelx" or the "Company").
THE COMPANY'S COMMON SHARES HAVE NOT BEEN REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE "US SECURITIES ACT") OR ANY STATE SECURITIES LAWS (THE "STATE ACTS") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS THE SECURITIES ARE REGISTERED UNDER THE US SECURITIES ACT AND ANY APPLICABLE STATE ACTS, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE US SECURITIES ACT AND ANY APPLICABLE STATE ACTS IS AVAILABLE.
MYCELX TECHNOLOGIES CORPORATION
("MyCelx" or the "Company")
Purchase Order Update
Further to the announcement made earlier today, MyCelx Technologies Corporation (AIM: MYX), the clean water technology company that provides novel water treatment solutions to the oil and gas, power, marine and heavy manufacturing sectors, is pleased to announce that it has now received the second phase purchase order from the US-based fuel oil storage terminal. In aggregate, this purchase order represents a total order size of $563,000.
For further information please contact:
MyCelx Technologies Corporation Connie Mixon, CEO David Pattillo, CFO
| Tel: +1 888 306 6843 |
Numis Securities Limited Corporate Finance Alastair Stratton Stuart Skinner Jamie Loughborough
Corporate Broking James Black Ben Stoop
| Tel: +44 20 7260 1000 |
Pelham Bell Pottinger Mark Antelme Nick Lambert Henry Lerwill | Tel: +44 20 7861 3232 |
Notes to Editors:
·; MyCelx Technologies Corporation is a clean water technology company that provides novel water treatment solutions to the oil and gas, power, marine and heavy manufacturing sectors
·; MyCelx invented and is the owner of the MyCelx polymer which is infused in the consumable media contained in equipment supplied by the Company. The technology produces treatment results that compare favourably to existing competition in effectiveness, cost and footprint. The MyCelx polymer and its use are protected by patents and other intellectual property rights
·; The defining difference of the MyCelx polymer, as compared with alternative technologies currently available, is that it is capable of permanently and reliably removing free, emulsified and dissolved hydrocarbons from water upon contact to levels between 0-10 parts per million (ppm) at any flow rateMyCelx equipment has been installed successfully at the facilities of leading industry operators around the globe. The focus of the Company is now directed at the commercial application of MyCelx solutions upstream and downstream oil and gas industry
·; Over the last three years, the Company has sold its products primarily in North America, Asia, Australia, Middle East and Europe. Customers include such oil and gas companies as BP, Anadarko Petroleum Corporation, SABIC, engineering, procurement and construction companies such as Mustang Engineering and global water treatment companies
·; MyCelx shares commenced trading on AIM on 4 August 2011 following a successful fundraise of £12.1 millionFurther information on MyCelx Technologies Corporation can be found at www.mycelx.com.