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GREEN LIGHT GIVEN FOR KELSO JS75 SRV SALES
by
Anonymous
MONDAY, FEBRUARY 10, 2003, VANCOUVER, BC — Kelso Technologies (TSX-V:KLS) is very pleased to announce that the Association of American Railroads (AAR) has given its approval for the use of the Kelso JS75 SRV Pressure Relief Valves on 75 pound general purpose railroad tank cars carrying non-hazardous commodities. The approval covers the United States, Canada and Mexico.
“This is not only a momentous time in Kelso’s 15 year history, but it is also the proudest day for Kelso since it marks the first time the Company turns to commercializing a technology that has required millions of dollars to develop. Kelso’s research indicates that there are approximately 260,000 railroad tank cars traveling throughout North America and many of these are potential customers for Kelso’s innovative valve technology,” stated President & CEO Stephen L. Grossman.
Grossman went on to state, “Besides being a major achievement for the Company and its shareholders, it is also a dramatic step forward in pressure relief valve technology for the rail industry and other industries in need of such technological innovation. After years of research and development work, we will now move to promoting a low-profile, external valve, a valve that offers benefits over competitive valves that rely on internal technology. Kelso believes the new technology will provide a safer means of transporting and storing goods.”
The Kelso JS75 SRV product line has been designed to offer some very important and specific benefits to the rail industry as compared to other 75 pound pressure relief valves. Some of the benefits of the JS75 SRV are that it:
1.
totally eliminates the possibility of any product contamination, which is typical of some safety valves;
2.
is able to vent vapor/gases and liquids at the same time which helps prevent back pressure that could lead to ruptures or explosions of the tank car(s);
3.
eliminates the need for a tank car safety valve nozzle that all internal valves use and that could cause environmental damage if sheered off in a tank car rollover incident;
4.
provides a much safer valve for railroad mechanics to work on;
5.
is smaller, lighter and more compact;
6.
has an unobstructed opening and flow aperture due to its unique external design;
7.
offers ease of servicing and reduced overall maintenance costs; and,
8.
can be easily retrofitted to existing systems without structural change.
Brief Description of the Approval Process
On November 14, 2001, Kelso began a Service Trial as required by the AAR involving 30 trial valves installed on railroad tank cars. The Service Trail involved travel throughout North America during the extreme cold of winter and the extreme heat of summer to ensure that the Kelso JS75 SRV meets the rigid performance and safety standards set out by the AAR in order to be commercialized and sold to the rail industry.
After one year, a teardown of five of the valves was undertaken at a certified railroad repair shop with an AAR Observer present. Following the teardown, a report on the teardown inspection was filed with the AAR. On January 21, 2003, Kelso submitted the complete package to the AAR Tank Car Committee for the Committee’s review and approval. That approval has now been granted.
A Word of Thanks to Those Who Made the Approval a Reality
Kelso is very thankful to Terra International Inc. for allowing us to use their leased tank cars; to Union Tank Car Company, owners of the leased cars; and to the many men and women who have been involved over the years in developing the Kelso JS75 SRV. Kelso appreciates the continuing efforts of those currently involved in year two of the Service Trial which is to qualify the Kelso JS75 SRV for the 75 pound general purpose tank cars carrying hazardous commodities.
Lastly, Kelso wishes to express its thanks to the various members of the AAR Tank Car Committee and its Director. Without their patience and approval, none of this would be possible. It required a team effort by everyone else and many years and dollars to achieve this approval. Kelso believes a new chapter is about to be written in “pressure relief valve technology.”
For further information regarding Kelso Technologies Inc. please contact the Investor Relations Department at 1-866-535-7685 or 1-604-878-7600 or via email to investor-relations@kelsotech.com.
John L. Carswell, Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this Release
Suite 801 – 1318 Homer Street, Vancouver, British Columbia, Canada V6B 6A7
Telephone: (604) 878-7600 Toll Free: (866) 535-7685 Facsimile: (604) 899-1144
Email: investor-relations@kelsotech.com Website: www.kelsotech.com
This article courtesy of http://www.fisher-valve.com.
You may freely reprint this article on your website provided this assist notice and the author name
and URL remain intact.
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