03:45 PM EST - Pure Technologies Ltd. : announced today that it has been awarded new work in Canada and the U.S. encompassing the full range of Pure's services including pipeline inspection, leak detection, condition assessment and specialized engineering services for water pipelines. The Company's wholly-owned subsidiary, Pure Technologies U.S. Inc., has been awarded new work by the Louisville Water Company, Kentucky, to provide electromagnetic inspection and leak detection services for large-diameter water mains in a multi-year program. The contract is for one-year, with four possible option years, and valued up to $10.2 million over the full period. For 2013, Pure expects revenue from this contract to be approximately $1.7 million. Pure Technologies Ltd.
shares T.PUR are trading up $0.10 at $4.69.
