16:32:19 EDT Thu 11 Aug 2022
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Aether Catalyst Solutions Inc
Symbol ATHR
Shares Issued 41,746,712
Close 2022-03-11 C$ 0.215
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Aether, Burnaby to expand emissions abatement project

2022-03-14 11:54 ET - News Release

Mr. Taylor Procyk reports

AETHER CATALYST SOLUTIONS, INC. AND THE CITY OF BURNABY EXPAND USMEAP FOR YEAR TWO

The City of Burnaby, Aether Catalyst Solutions Inc.'s partner in the urban small motors emissions abatement project (USMEAP), has agreed to expand the project in year 2.

The first year of the project was challenging, in that unseasonably hot and dry weather limited the usage of the test equipment; however, this first year of testing showed that Aether's catalyst deployed in Burnaby's equipment resulted in a significant nitrogen oxide abatement. NOx contributes to smog, acid rain and ground-level ozone formation -- all of which are significant health hazards.

For year 2, the program will expand the number of units equipped with Aether catalysts, thereby increasing the data set. Additionally, technology from the first test has been adjusted to maintain peak performance over a greater operating lifespan. Further, a new system design will be evaluated that aims to capture a larger cross-section of the criteria air contaminants found in exhaust gas.

"The City of Burnaby is extremely pleased with the preliminary results of the small engine emissions reduction testing done through our partnership with Aether so far," said Dave Ellenwood, general manager of parks, recreation and cultural services. "We anticipate that the extension of our partnership will mean the city can look forward to more positive results toward meeting our climate change goals as work progresses to the next phase."

Taylor Procyk, chief operating officer of Aether, comments: "Aether is fortunate to work with such a forward-looking, environmentally responsible city. Our catalyst technology has the potential to make a measurable change in emissions without the need to replace existing equipment. We're looking forward to this year's testing and expect significant improvements in results. Electrification will arrive eventually but there is a great deal we can do now to meet environmental targets and we can't afford to wait."

About Aether Catalyst Solutions Inc.

Aether Catalyst Solutions, a clean air company, is focused on providing an order of magnitude cost reduction in automotive catalytic converter catalyst, while meeting, or exceeding, government emission standards. Aether is working to quickly advance its technology through rapid screening of new material combinations. While Aether's primary focus has been automotive applications, the company is also developing catalysts to address small motors emissions -- a significant contributor to urban air pollution.

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