Pure Technologies Oil And Gas Pipeline Integrity Division Awarded New Work

CALGARY, Feb. 8, 2017

In addition, PureHM has recently signed a contract renewal – valued at $1 million per year for three years – from an energy customer located in B.C., Canada, for pipeline cathodic protection surveys and related services. This work represents an expected extension of services previously conducted through E-MAC Corrosion Inc., whose business and assets were acquired by the Company on December 30, 2016. Similar renewals are expected in the near future.

About Pure Technologies Ltd.

Pure Technologies Ltd. is an international asset management, technology and services company which has developed patented technologies for inspection, monitoring and management of critical infrastructure around the world. Pure's business model incorporates four distinct but complementary business streams:

• Sales of proprietary monitoring technologies for pipelines, bridges and structures;
• Recurring revenue from data analysis, site maintenance, and from technology licensing;
• Premium technical services including pipeline inspection, leak detection and condition assessment;
• Specialized engineering services in areas related to asset management, primarily in the area of pipeline condition assessment for water and wastewater infrastructure.

Forward-Looking Statements

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