VANCOUVER, B.C., April 9, 2007 (PRIME NEWSWIRE) -- Kelso Technologies Inc. (TSX-V:KLS) (Other OTC:KEOSF), developer of the unique JS75 pressure relief valve, (the "Company") is pleased to announce that international law firm Brown Rudnick Berlack Israels LLP has agreed to act as outside counsel to the Company as it evaluates several proposals involving long-term corporate finance, European & Asian manufacturing and distribution, and a joint venture initiative.
Kelso established a solid relationship with the London branch of Brown Rudnick that began in the fall of 2006 in concert with announcements by the Company of certain changes to its Board of Directors, Officers, and overall strategic plan. Following a review of Brown Rudnick's strengths, alliances and overall operating philosophy, it was determined that Brown Rudnick was not only very well-qualified to assist in all legal matters relating to international contracts and cross border transactions but that its corporate finance practitioners could greatly impact the success of Kelso's international initiatives.
The company appreciates the legal experience of Brown Rudnick in the logistics and transport sector which encompasses the rail car industry, which is Kelso's initial manufacturing and distribution focus with its line of JS75 pressure relief valves.
Kelso management will work closely with Kieran O'Connor, Partner, and Adrian Yeandle, Senior Associate, both of whom practice out of Brown Rudnick's London office and specialize in the private equity sector advising European and international clients on matters involving fund formation, MBOs, venture capital and regulatory issues.
The Company believes it is currently well positioned to act on a variety of opportunities and proposals that will see it advance its plans in all aspects of operations. As such, retaining Brown Rudnick Berlack Israels LLP at this time is considered by the Board to be in the best interests of the Company and its shareholders. Stated Kelso President & CEO, John L. Carswell, "Brown Rudnick, as evidenced by their involvement with companies that are doing business in the rail car industry, is the obvious choice for us. We believe in synergistic business practices and feel that their contacts in the rail sector could definitely work to the benefit of all involved."
Kelso Technologies Inc. is a public Company that trades on the TSX Venture Exchange under the symbol KLS and is quoted in the United States on the Pink Sheets under the symbol KEOSF.
For further information: please visit Kelso Technologies' website at www.kelsotech.com or contact Shareholder and Investor Relations at 1.866.535.7685 (604.878.7600) ext. 3 (kelso@kelsotech.com). Interested persons are encouraged to register on Kelso Technologies' website in order to receive ongoing updates and news -- visit http://www.kelsotech.com/InvestorRegistration.php.
Issued on behalf of the Board of Directors of Kelso Technologies Inc., "John L. Carswell" John L. Carswell President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this Release. The information in this news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this release, words such as "estimate," "expect," "anticipate" and "believe" as well as similar expressions are intended to identify forward-looking statements. Such statements are used to describe management's future plans, objects, and goals for the Company and therefore involve inherent risks and uncertainties. The reader is cautioned that actual results, performance or achievements may be materially different from those implied or expressed in such statements, which speak only as of the date the statements were made. The Company does not update forward-looking statements continually as conditions change. We seek safe harbor.