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Regina, SK – November 19, 2024 – TheNewswire - EmissionTech RX Corp. (“EmissionTech”) and eMission Software Inc. (“eMission”) are pleased to announce the signing of a Letter of Intent (LOI) to deliver integrated emission management quantification and carbon credit services.
The LOI aims to support emission management strategies for the global oil and gas industries as well as develop a solution for carbon quantification and carbon intensity scoring food production.
Under the terms outlined in the LOI, EmissionTech will provide comprehensive carbon crediting services, enabling eMission to quantify and manage carbon footprints across the agri-food supply chain. In turn, eMission will develop advanced software tools for carbon foot printing and carbon intensity scoring tailored specifically to agrifood operations. Together, both companies will focus on innovative emission management strategies, leveraging their combined expertise to drive reductions .
Marty Seymour, CEO of EmissionTech, remarked, “This partnership enhances our portfolio and provides a holistic approach to emissions management across key industries. By merging EmissionTech’s expertice in agriculture, forestry, and CO2 reductions with eMission’s technological solutions in quantification, we intend to be a full-service environmental services organization.”
Richard Hepp, President and CEO of eMission, highlighted the importance of the collaboration, saying, “This partnership reinforces our credibility as a leader in emissions quantification technology and brings us a step closer to offering turnkey solutions for companies of any size. This agreement solves a key piece of our value offer through carbon offset issuance as we expand our work in Africa.”
Together, EmissionTech and eMission plan to offer advanced solutions that address the needs of companies across agriculture, oil, gas, and beyond, driving forward an shift in carbon management. Details will be further defined in the definitive agreement in the future.
About EmissionTech RX Corp.
EmissionTech specializes in greenhouse gas emission reduction, focusing on creating high-quality carbon credits for sectors like agriculture, oil and gas, and forestry. EmissionTech’s full carbon studio includes emission management services and technologies targeted at methane reduction, CO2 capture and animal waste gas management across a variety of industries.
For more information, visit emissiontechrx.com.
About eMission Software Inc.
eMission provides advanced tools for emissions benchmarking, compliance, and ESG reporting across industries including municipalities, oil and gas, and transportation. By using intuitive dashboards and precise emissions quantification, eMission supports organizations in mitigating risks and meeting regulatory standards. Their scalable platform serves organizations of all sizes, enabling clear, actionable insights into emissions data and enhancing sustainability metrics.
For further details, visit eMission.ca
For media inquiries
Carson Sinclair
Cell: 306-690-9235
E‐mail: carson.sinclair@carbonrx.com
Forward Looking Statements
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which is based on EmissionTech’s current internal expectations, estimates, projections, assumptions and beliefs and views of future events. All statements other than statements of historical fact are forward-looking information. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "might", "will", "shall", "should", "intend", "anticipate", "project", "contemplate", "continue", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information includes estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking information included in this news release should not be unduly relied upon. Specifically, this news release contains forward-looking information concerning EmissionTech’s letter of intent with eMission, the successful implementation of the advanced software tools and the emissions reduction technology for global carbon management and the entering into of a definitive agreement between EmissionTech and eMission. These statements speak only as of the date of this news release. EmissionTech does not undertake any obligations to publicly update or revise any forward-looking information except as required by securities law.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
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