VANCOUVER, BRITISH COLUMBIA and LISLE, ILLINOIS--(Marketwire - Feb 21, 2013) - Kelso Technologies Inc. (the "Company" or "Kelso") (TSX VENTURE:KLS)(KEOSF) - The Company reports that it is has become an associate member of the Association of American Railroads (AAR). The AAR is the rail industry''s governing organization that sets standards for railroad transportation with the objective that America''s freight railroads operate the safest; cost effective; and environmentally sound rail transport systems in the world.
AAR members include the major freight railroads in the United States, Canada and Mexico. The AAR works with government officials, regulators and policy makers in Washington, D.C. on critical transportation issues that affect the rail industry.
James R. Bond CEO comments that, "We are very pleased and honored to become a new member of the AAR. Kelso has worked hard over the past several years to be accepted by the railroad industry by successfully delivering next-generation technology advancements for workplace safety, environmental protection and economic operational efficiency issues. Our business is growing rapidly as our product offerings are validated and adopted by stakeholders in the railroad industry. To further grow our business our engineering division is dedicated to the creation of new products that better serve the challenges of the transport of HAZMAT. These new products are expected to be adopted commercially over the upcoming years."
About Kelso Technologies
Kelso is a railroad equipment supplier that produces and sells proprietary tank car components used in the safe loading, unloading and containment of hazardous materials during transport. Products are specifically designed to provide economic and operational advantages while reducing the potential effects of human error and environmental harm during the transport of hazardous materials.
On behalf of the Board of Directors,
James R. Bond, CEO and President
Legal Notice Regarding Forward-Looking Statements: This news release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements in this news release include that our business is growing rapidly as our product offerings are validated and adopted by the stakeholders of the railroad industry; and to further grow our business our engineering division is dedicated to the creation of new products that better serve the challenges of the transport of HAZMAT; and these products are expected to be adopted commercially over the upcoming years. The Company''s products involve detailed proprietary and engineering knowledge and specific customer adoption criteria, hence factors that could cause actual results to be materially different include that we may be unsuccessful in raising any additional capital needs that may arise; we may not have sufficient capital to develop, produce and deliver new orders; product development may face unexpected delays; orders that are placed may be cancelled; anticipated order deliveries may be rescheduled to future periods; product may not perform as well as expected; markets may not develop as quickly as anticipated or at all; and operations may run into permit, labor or other problems. Further, we are reliant on certain key employees who may leave the Company and we may be unable to protect or defend our intellectual property. Investors are cautioned against placing undue reliance on forward-looking statements. We assume no responsibility to update these forward looking statements except to the extent required by law.
- Investment & Company Information