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Candu Energy and Curtiss-Wright Flow Control Sign Agreement to Provide PAR Technology to Nuclear Industry

Offers Power Plants a Solution to Mitigate Hydrogen Build-up Without Need for Additional Power Supply

Mississauga, ON – July 17, 2012 – Candu Energy Inc. announced today that it has signed an agreement with Curtiss-Wright Flow Control Company’s Enertech business unit to jointly provide Passive Autocatalytic Recombiner (PAR) technology to the nuclear industry in the U.S. and select international markets.

Under terms of the agreement, Enertech will focus on sales and marketing of PARs offered by Candu for use inside the containment buildings of nuclear power plants and other facilities where hydrogen gas can collect and create an explosive atmosphere. PARs automatically activate without the need for external power or operator action, effectively preventing hydrogen buildup. Candu offers PAR catalyst technology to the power reactor market in different sizes to allow for flexibility in application.

“This partnership with Candu enhances Enertech’s support of the nuclear industry’s response to challenges created by events at the Fukushima nuclear plant in March 2011,” said Stan Miller, General Manager of Enertech. “It demonstrates yet another example of our commitment to offer products and services that deliver real, differentiating value to the customer.”

Ala Alizadeh, Candu’s Senior Vice President, Marketing & Business Development, pointed out that, “Passive PARs provide nuclear power plant operators with a convenient solution for mitigation of hydrogen build-up without the need for a power supply.” He added, “Our collaboration with Enertech will allow Candu to provide this technology to the U.S. light water reactor market and broaden its international application.”

About Candu Energy Inc.:

Candu Energy Inc. is a leading full-service nuclear technology company providing nuclear power reactors and nuclear products and services to customers worldwide. Candu’s 1,400 highly skilled employees design and deliver state-of-the-art CANDU® reactors, carry out life extension projects, provide plant life management programs and tools, and offer operation and maintenance services for existing nuclear power stations.

Candu Energy Inc. is a wholly-owned subsidiary of SNC-Lavalin Group Inc. (TSX: SNC). For more information, visit www.candu.com.

About Curtiss-Wright Flow Control Company:

Curtiss-Wright Flow Control Company (CWFC) specializes in the design and manufacture of highly engineered valves, pumps, motors, generators, electronics and related products for the commercial nuclear power industry, oil and gas processing facilities, a range of critical military programs and the industrial controls market. Its innovative, high-performance products play an integral role in our nation’s defense and in the safe, efficient operation of power plants and other industrial sites worldwide. Based in Falls Church, VA, the company has over 3,400 employees worldwide and is the Flow Control operating segment of Curtiss-Wright Corporation (NYSE: CW). For more information, visit www.cwfc.com.

About Enertech:

Enertech, a business unit of Curtiss-Wright Flow Control Company, is an engineering, manufacturing, distribution and service company committed to providing solutions to meet the unique requirements of the nuclear power industry. Enertech provides integrated system solutions that include advanced valves,actuators, pumps, instrumentation, fluid sealing products, snubbers, diagnostic and test equipment, qualification and dedication services, outage support services and equipment repair and field service. Enertech, located in Brea, CA, is a member of CWFC’s Nuclear Group of companies (EMD, Nova, QualTech NP, Scientech, Target Rock), which has supported the global Nuclear Power Industry for over 50 years.


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Contact:

Katherine Ward

Candu Energy Inc.

katherine.ward@candu.com

905-823-9040 ext. 37349


Sharon Dey

Curtiss-Wright Flow Control Company

sdey@curtisswright.com

703-286-2011

Dave Stemler


Enertech

dstemler@curtisswright.com

714-528-2301 ext. 394 (office)

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