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2/13/2006Tank Car Component

Kelso Technologies lands largest pressure relief valve order

Today, Kelso Technologies (U.S.A.) Inc. announced it obtained an order for 100 JS75 SRV pressure relief valves from one of North America’s three largest tank car builders — Kelso’s largest sale to date. The purchaser’s name wasn’t disclosed.

By late March, Kelso will deliver the JS75 SRVs to the purchaser, who plans to install the relief valves on tank cars to be built by May’s end. The sale will generate gross revenue in the “six figures,” according to Kelso.

The JS75 SRV valve is designed to prevent product contamination and back pressure, eliminate the need for a safety valve nozzle and be retrofitted to existing tank cars. Smaller and lighter compared with other pressure-relief valves, the JS75 SRV features an unobstructed opening and flow aperture.

“Kelso is now working with two of the three largest North American tank car manufacturers, [which] provides potential new sales opportunities … for both new car builds and their own lease fleet of tank cars,” said Kelso President and Chief Executive Officer Stephen Grossman in a prepared statement.

Kelso Technologies markets the valve to North American oil and gas, and chemical shippers and tank-car lessors/owners though its U.S. subsidiary.