ILI Technologies Announces New Contracts for Thermoflex(R) Tubing
18 Giugno 2008 - 3:00PM
Marketwired
CALGARY, AB is pleased to announce that we are making progress
in our marketing of Thermoflex� Tubing, associated connectors and
accessories. We have orders for the month of June in the amount of
approximately $900,000.00.
ILI has several outstanding quotes for additional Thermoflex
tubing projects both domestic and internationally. The company
expects this product line to have a significant impact on future
revenues and earnings.
About Thermoflex�
Thermoflex is constructed of Fortron, Nylon and Capron, wrapped
with Aramid Fiber to increase tensile strength, prevent pressure
bursts and increase load capabilities. Capron and Fortron are used
when temperatures of 250 degrees are expected. Thermoflex flexible
pipe has low permeation, is resistant to temperature change, life
expectancy of up to 20 years and is ideally suited for high
pressure gathering lines, downhole applications and pulling through
existing steel lines to significantly improve production.
The advantages of Thermoflex flexible tubing over conventional
steel and traditional polyethylene tubing are now being fully
realized including enhanced corrosion resistance, minimal paraffin
buildup, heat resistance, reduced pressure drop, enhanced
insulation, and lower installation costs.
Advantages over Steel
* 1/10th the weight of steel
* Flexible bend radius
* Cheaper installation costs
* Reduced friction and 30% less pressure drop over steel
* Higher Thermal Insulation
* Enchanced ID and OD corrosion resistance
* Minimizes the buildup of Asphaltenes, Paraffins and Scales
* 100 times less the relative roughness
* Long continuous runs
* Longevity
Advantages over Polyethylene Pipe
* Resistance to H2S
* Reduced friction and pressure drop
* Higher thermal insulation
* Temperatures to 250F
* Increased tensile strength
* High pressure applications
* Corrosion resistance
* Significantly lower permeation rate
Disadvantages typically found in steel and traditional
polyethylene piping are reduced or completely eliminated with the
use of Thermoflex tubing.
ILI Technologies (2002) Corp. is a high technology company,
whose principal business is to develop, manufacture and market oil
and gas industry Information Technology (IT) and Operational
solutions that improve business performance. ILI's business
development efforts have shown excellent results, with the addition
of a number of new customers from our CBM Pumps and Services Inc.
acquisition and the addition of new sales, management and service
teams in our offices in Alberta, Texas and Wyoming.
For further information, please contact Serge Bonnet, President,
ILI Technologies (2002) Corp, at: Phone: (403) 543-0060, Fax: (403)
543-0069 or E-mail: invest@ilitech.com - Website:
http://www.ilitech.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
We seek Safe Harbor.
Distributed by Filing Services Canada and retransmitted by
Marketwire
Contact: Serge Bonnet President ILI Technologies (2002) Corp.
110w, 4760 72nd Avenue SE Phone: (403) 543-0060 Fax: (403) 543-0069
E-mail: Email Contact Website: http://www.ilitech.com
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