Water Stocks; GE’s (NYSE: GE) Next Generation Cooling Water Technology Brings Cost and Water Savings to Industrial Users
•Upgraded GenGard Technology is Expanded to Work in Even Tougher Conditions
•New Product to Play Important Role in Responsible Water Management
TREVOSE, Pa.--(http://www.investorideas.com/ water stocks blog )--With rising energy costs and strains on capacity, industrial facilities are pressed to do more with less, striving to optimize efficiency while keeping costs to a minimum. Responding to these requirements, GE (NYSE: GE) today introduced its latest cooling water technology, GenGard 8000. GenGard 8000 offers the capability to use lower quality water in the cooling process, while avoiding corrosion and fouling problems. This provides savings in operating costs and improves the efficiency of the cooling system, which results in greater production output, water conservation and the ability to use alternative water sources.
“This next generation of GenGard chemistry is a robust treatment program that helps customers meet their specific requirements and allows them to do more with existing resources.”
.This new technology is an extension of the existing GenGard product line that covers the full spectrum of water conditions, ensuring reliable results even in the toughest operating conditions. The next generation of GenGard also will reduce the need for sulfuric acid in cooling water systems, minimizing the impact on the environment.
Industrial facilities consume large amounts of water to cool process equipment, resulting in a critical need for cooling water systems that can reuse the same water repeatedly in the process. Corrosion and microbiological fouling must be controlled to ensure safe, reliable and efficient operation of cooling systems.
The new GenGard chemistry expands GE’s water treatment product line into the full pH spectrum, from neutral to alkaline cooling water applications, ensuring reliable results. Incorporating the most advanced deposit and corrosion additives available, GenGard 8000 can, in many cases, eliminate the need for sulfuric acid for pH control. This reduction or elimination of acid usage at industrial facilities not only helps to reduce operational costs and increase environmental benefits, but it also makes GE’s innovative GenGard chemistry a technology that is available to customers ahead of industry regulations requiring acid reduction.
“With water consumption increasing on a global level, GE continues to invest in next generation technologies and innovative solutions to address global water challenges and help create a more sustainable environment,” said Nancy White, product line general manager—chemical and monitoring solutions, water and process technologies for GE Power & Water. “This next generation of GenGard chemistry is a robust treatment program that helps customers meet their specific requirements and allows them to do more with existing resources.”
GenGard 8000 will continue to have the characteristics of the original GenGard chemistry family. GenGard is halogen stable, allowing it to be used in conjunction with the most cost-effective biocide programs. In addition, the patented GenGard technology includes a stress tolerant polymer (STP). STP is a very forgiving chemistry that offers excellent control of mineral scale and corrosion.
The GenGard product family is designed to work in conjunction with GE’s most advanced automation, process control and knowledge management platform, TrueSense. The synergy between these two technologies enables optimal performance of cooling water systems with forgiving chemistry that performs even in the toughest conditions.
GenGard 8000 is commercially available immediately in North America with other markets around the world to follow shortly.
About GE
GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.
GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of $37 billion, GE Energy www.ge.com/energy is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.
Contacts
GE Power & Water
Mayra Bergman, +1-215-942-3613
mayra.bergman@ge.com
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Monday, October 4, 2010
Sunday, October 3, 2010
Water Stocks; SJW Corp. (NYSE:SJW) Announces the Appointment of New Chief Financial Officer
Water Stocks; SJW Corp. (NYSE:SJW) Announces the Appointment of New Chief Financial Officer
SAN JOSE, Calif.--(http://www.investorideas.com/ water stocks blog )--SJW Corp. (NYSE:SJW) announced today the appointment of James P. Lynch as Chief Financial Officer and Treasurer of the company effective as of October 4, 2010.
“We are fortunate to have someone of Jim’s stature join the SJW executive team. Jim is familiar with many of our people, systems and processes. He also knows the community very well and shares SJW’s commitment to excellence”
.“We are fortunate to have someone of Jim’s stature join the SJW executive team. Jim is familiar with many of our people, systems and processes. He also knows the community very well and shares SJW’s commitment to excellence,” said W. Richard Roth, President and Chief Executive Officer of SJW Corp.
Prior to joining SJW Corp., Mr. Lynch was an Audit Partner at KPMG LLP. Mr. Lynch was with KPMG LLP for 26 years. He has extensive experience providing audit service and business advice to public and privately held companies, including publically held water utility companies. He also assisted clients with accounting and financial reporting matters, SEC registration and compliance matters, and securities offerings. Mr. Lynch is a certified public accountant.
SJW Corp. is a publicly traded holding company headquartered in San Jose, California. SJW Corp. is the parent company of San Jose Water Company, SJWTX, Inc. and SJW Land Company. Together, San Jose Water Company and SJWTX, Inc. provide regulated and nonregulated water service to more than one million people in San Jose, California and nearby communities and in Canyon Lake, Texas and nearby communities. SJW Land Company owns and operates commercial buildings, has a majority interest in a real estate partnership, and has properties in the states of California, Florida, Connecticut, Texas, Arizona and Tennessee.
This press release may contain certain forward-looking statements including but not limited to statements relating to SJW Corp.'s plans, strategies, objectives, expectations and intentions, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SJW Corp. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The results for a quarter are not indicative of results for a full year due to seasonality. Certain factors that may cause actual results, performance or achievements to materially differ are described in SJW Corp.'s most recent reports on Form 10-K, Form 10-Q and Form 8-K filed with the Securities and Exchange Commission. SJW Corp. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contacts
SJW Corp.
Suzy Papazian, 408-279-7961
Corporate Secretary/Attorney
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SAN JOSE, Calif.--(http://www.investorideas.com/ water stocks blog )--SJW Corp. (NYSE:SJW) announced today the appointment of James P. Lynch as Chief Financial Officer and Treasurer of the company effective as of October 4, 2010.
“We are fortunate to have someone of Jim’s stature join the SJW executive team. Jim is familiar with many of our people, systems and processes. He also knows the community very well and shares SJW’s commitment to excellence”
.“We are fortunate to have someone of Jim’s stature join the SJW executive team. Jim is familiar with many of our people, systems and processes. He also knows the community very well and shares SJW’s commitment to excellence,” said W. Richard Roth, President and Chief Executive Officer of SJW Corp.
Prior to joining SJW Corp., Mr. Lynch was an Audit Partner at KPMG LLP. Mr. Lynch was with KPMG LLP for 26 years. He has extensive experience providing audit service and business advice to public and privately held companies, including publically held water utility companies. He also assisted clients with accounting and financial reporting matters, SEC registration and compliance matters, and securities offerings. Mr. Lynch is a certified public accountant.
SJW Corp. is a publicly traded holding company headquartered in San Jose, California. SJW Corp. is the parent company of San Jose Water Company, SJWTX, Inc. and SJW Land Company. Together, San Jose Water Company and SJWTX, Inc. provide regulated and nonregulated water service to more than one million people in San Jose, California and nearby communities and in Canyon Lake, Texas and nearby communities. SJW Land Company owns and operates commercial buildings, has a majority interest in a real estate partnership, and has properties in the states of California, Florida, Connecticut, Texas, Arizona and Tennessee.
This press release may contain certain forward-looking statements including but not limited to statements relating to SJW Corp.'s plans, strategies, objectives, expectations and intentions, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SJW Corp. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The results for a quarter are not indicative of results for a full year due to seasonality. Certain factors that may cause actual results, performance or achievements to materially differ are described in SJW Corp.'s most recent reports on Form 10-K, Form 10-Q and Form 8-K filed with the Securities and Exchange Commission. SJW Corp. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contacts
SJW Corp.
Suzy Papazian, 408-279-7961
Corporate Secretary/Attorney
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Friday, October 1, 2010
Water Stocks; Cummins Filtration (NYSE:CMI) Releases Redesigned Diesel Pro Fuel Filtration Series
Water Stocks; Cummins Filtration (NYSE:CMI) Releases Redesigned Diesel Pro Fuel Filtration Series
NASHVILLE, Tenn.--(http://www.investorideas.com/ water stocks blog ) --Cummins Filtration (NYSE:CMI) has released two new Diesel Pro fuel filtration systems: Fleetguard FH235 with a flow rate of 60 GPH(230 L/H) and FH236 with a flow rate of 90 GPH(341L/H) Series Diesel Pro®. Diesel Pro Processors offer equipment operators superior uptime by removing more than 95 percent of free and emulsified water and hard particles down to 2 microns from diesel fuel systems.
“Every product we design and manufacture is based on meeting and exceeding customer needs, and the redesigned FH235 and FH236 Series does exactly that.”
.The Diesel Pro Series is a cutting-edge fuel system that uses Cummins Filtration’s proprietary StrataPore™ media to meet and exceed OEM efficiency requirements. The patented Seeing is Believing technology lets users know when to change the EleMax™ filter element, saving them time and money. The FH235 and FH236 series are designed to handle fuel flow rates up to 90GPM and provide several configurations to meet the most extreme environments and demanding applications. “Our first priority is customer satisfaction so we listen very carefully when customers provide input on our products,” said Matthew R. Tullai, Executive Director – Marketing and Business Strategy for Cummins Filtration. “Every product we design and manufacture is based on meeting and exceeding customer needs, and the redesigned FH235 and FH236 Series does exactly that.”
Key redesigned features include the clear bowl indicating when to drain and an improved collar, which allows for easy filter change. The upgraded series is available in multiple configurations to fit a variety of applications.
About Cummins Filtration
Cummins Filtration Inc. is a wholly owned business unit of Cummins Inc. and the world's leading designer and manufacturer of filtration and chemical technology products for all engine-powered equipment. The Company’s product lines cover a wide variety of applications and markets, including heavy-, medium- and light-duty trucks; industrial equipment for construction, mining, agriculture and marine applications; as well as products for the power generation industry. The Company's homepage can be found at cumminsfiltration.com. To find a local Fleetguard product retailer, customers can visit the Worldwide Retail locator at cumminsfiltration.com/wrl. Find us on Facebook, Twitter and Youtube. In North America, customers can call Cummins Filtration at 1-800-22FILTER (1-800-223-4583) for more information.
About Cummins
Cummins Inc., a global power leader is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves customers in approximately 190 countries and territories through a network of more than 500 company-owned and independent distributor locations and approximately 5,200 dealer locations. Cummins reported net income of $428 million on sales of $10.8 billion in 2009. Press releases can be found on the Web at http://www.cummins.com/.
Contacts
Cummins Filtration
Sarah Clark, 615-366-9842
sarah.j.clark@cummins.com
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NASHVILLE, Tenn.--(http://www.investorideas.com/ water stocks blog ) --Cummins Filtration (NYSE:CMI) has released two new Diesel Pro fuel filtration systems: Fleetguard FH235 with a flow rate of 60 GPH(230 L/H) and FH236 with a flow rate of 90 GPH(341L/H) Series Diesel Pro®. Diesel Pro Processors offer equipment operators superior uptime by removing more than 95 percent of free and emulsified water and hard particles down to 2 microns from diesel fuel systems.
“Every product we design and manufacture is based on meeting and exceeding customer needs, and the redesigned FH235 and FH236 Series does exactly that.”
.The Diesel Pro Series is a cutting-edge fuel system that uses Cummins Filtration’s proprietary StrataPore™ media to meet and exceed OEM efficiency requirements. The patented Seeing is Believing technology lets users know when to change the EleMax™ filter element, saving them time and money. The FH235 and FH236 series are designed to handle fuel flow rates up to 90GPM and provide several configurations to meet the most extreme environments and demanding applications. “Our first priority is customer satisfaction so we listen very carefully when customers provide input on our products,” said Matthew R. Tullai, Executive Director – Marketing and Business Strategy for Cummins Filtration. “Every product we design and manufacture is based on meeting and exceeding customer needs, and the redesigned FH235 and FH236 Series does exactly that.”
Key redesigned features include the clear bowl indicating when to drain and an improved collar, which allows for easy filter change. The upgraded series is available in multiple configurations to fit a variety of applications.
About Cummins Filtration
Cummins Filtration Inc. is a wholly owned business unit of Cummins Inc. and the world's leading designer and manufacturer of filtration and chemical technology products for all engine-powered equipment. The Company’s product lines cover a wide variety of applications and markets, including heavy-, medium- and light-duty trucks; industrial equipment for construction, mining, agriculture and marine applications; as well as products for the power generation industry. The Company's homepage can be found at cumminsfiltration.com. To find a local Fleetguard product retailer, customers can visit the Worldwide Retail locator at cumminsfiltration.com/wrl. Find us on Facebook, Twitter and Youtube. In North America, customers can call Cummins Filtration at 1-800-22FILTER (1-800-223-4583) for more information.
About Cummins
Cummins Inc., a global power leader is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves customers in approximately 190 countries and territories through a network of more than 500 company-owned and independent distributor locations and approximately 5,200 dealer locations. Cummins reported net income of $428 million on sales of $10.8 billion in 2009. Press releases can be found on the Web at http://www.cummins.com/.
Contacts
Cummins Filtration
Sarah Clark, 615-366-9842
sarah.j.clark@cummins.com
More water stocks info and water stocks research resources for investors:
Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
Water stocks- become a showcase water stock at www.investorideas.com and www.water-stocks.com for as little as $1000 month !
Thursday, September 30, 2010
China Water Stocks Duoyuan Global Water Inc.(NYSE: DGW) Announces Engagement of Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates for Preemptive Third-Party Review
China Water Stocks Duoyuan Global Water Inc.(NYSE: DGW) Announces Engagement of Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates for Preemptive Third-Party Review
BEIJING, (http://www.investorideas.com/ water stocks blog ) -- Duoyuan Global Water Inc. (NYSE: DGW) ("Duoyuan" or the "Company"), a leading China-based domestic water treatment equipment supplier, today announced that the Audit Committee of its Board of Directors has engaged Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates ("Skadden") to conduct the preemptive third-party review authorized on September 14, 2010.
The engagement of Skadden's global team of U.S. and China-based counsel is effective immediately. The team will advise and assist the Audit Committee as part of a review of the accounting, internal controls and corporate governance of the Company, as may be necessary, to confirm that the Company's standards are in accordance with the standards expected of an NYSE-listed company. While there are presently no known accounting or corporate governance issues to be reviewed and the Company consistently has received unqualified audit opinions on its financial statements from Grant Thornton, an international accounting firm, for four successive years, the Company's Board of Directors previously determined that the appointment of an independent third party is appropriate to ensure the highest level of transparency and accountability.
The Company's most recent Annual Report on Form 20-F for fiscal year 2009 has been filed with the U.S. Securities and Exchange Commission ("SEC"). The report is available on the Company's corporate website at http://www.duoyuan-hq.com and on the SEC's website at www.sec.gov. Requests for hard copies of the Company's audited consolidated financial statements (free of charge) may be made by contacting the Company's investor relations department at (646) 277-1227 in the U.S. and at 86-10-6599-7968 in China.
About Duoyuan Global Water Inc.
Duoyuan Global Water Inc. is a leading China-based domestic water treatment equipment supplier. Duoyuan's product offerings address key steps in the water treatment process, such as filtration, water softening, water-sediment separation, aeration, disinfection and reverse osmosis. Duoyuan offers a comprehensive set of complementary products across three product categories: water conservation, including circulating water treatment; water purification; and water reuse treatment, including wastewater treatment. The Company has an extensive local distribution network, which provides proximity to end-user customers and responsiveness to local market demand. Learn more at http://www.duoyuan-hq.com .
Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. These forward-looking statements may include, but are not limited to, statements containing words such as "may," "could," "would," "plan," "anticipate," "believe," "estimate," "predict," "potential," "expects," "intends" and "future" or similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to change at any time. These forward- looking statements are based upon management's current expectations and are subject to a number of risks, uncertainties and contingencies, many of which are beyond the Company's control that may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company's actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including those described under the heading "Risk Factors" in the Company's final prospectus, dated January 27, 2010, filed with the Securities and Exchange Commission, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
ICR, LLC
In the U.S.:
Ashley M. Ammon
Phone: +1-646-277-1227
SOURCE Duoyuan Global Water Inc.
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BEIJING, (http://www.investorideas.com/ water stocks blog ) -- Duoyuan Global Water Inc. (NYSE: DGW) ("Duoyuan" or the "Company"), a leading China-based domestic water treatment equipment supplier, today announced that the Audit Committee of its Board of Directors has engaged Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates ("Skadden") to conduct the preemptive third-party review authorized on September 14, 2010.
The engagement of Skadden's global team of U.S. and China-based counsel is effective immediately. The team will advise and assist the Audit Committee as part of a review of the accounting, internal controls and corporate governance of the Company, as may be necessary, to confirm that the Company's standards are in accordance with the standards expected of an NYSE-listed company. While there are presently no known accounting or corporate governance issues to be reviewed and the Company consistently has received unqualified audit opinions on its financial statements from Grant Thornton, an international accounting firm, for four successive years, the Company's Board of Directors previously determined that the appointment of an independent third party is appropriate to ensure the highest level of transparency and accountability.
The Company's most recent Annual Report on Form 20-F for fiscal year 2009 has been filed with the U.S. Securities and Exchange Commission ("SEC"). The report is available on the Company's corporate website at http://www.duoyuan-hq.com and on the SEC's website at www.sec.gov. Requests for hard copies of the Company's audited consolidated financial statements (free of charge) may be made by contacting the Company's investor relations department at (646) 277-1227 in the U.S. and at 86-10-6599-7968 in China.
About Duoyuan Global Water Inc.
Duoyuan Global Water Inc. is a leading China-based domestic water treatment equipment supplier. Duoyuan's product offerings address key steps in the water treatment process, such as filtration, water softening, water-sediment separation, aeration, disinfection and reverse osmosis. Duoyuan offers a comprehensive set of complementary products across three product categories: water conservation, including circulating water treatment; water purification; and water reuse treatment, including wastewater treatment. The Company has an extensive local distribution network, which provides proximity to end-user customers and responsiveness to local market demand. Learn more at http://www.duoyuan-hq.com .
Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. These forward-looking statements may include, but are not limited to, statements containing words such as "may," "could," "would," "plan," "anticipate," "believe," "estimate," "predict," "potential," "expects," "intends" and "future" or similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to change at any time. These forward- looking statements are based upon management's current expectations and are subject to a number of risks, uncertainties and contingencies, many of which are beyond the Company's control that may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company's actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including those described under the heading "Risk Factors" in the Company's final prospectus, dated January 27, 2010, filed with the Securities and Exchange Commission, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
ICR, LLC
In the U.S.:
Ashley M. Ammon
Phone: +1-646-277-1227
SOURCE Duoyuan Global Water Inc.
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Water Stocks News; H2O Innovation (tsx venture:HEO)(alternext:MNEMO), Awarded CAN$4.3 Million in Contracts for Industrial and Municipal Water Treatment Systems
Water Stocks News; H2O Innovation (tsx venture:HEO)(alternext:MNEMO), Awarded CAN$4.3 Million in Contracts for Industrial and Municipal Water Treatment Systems
All amounts in Canadian dollars unless otherwise stated
QUEBEC CITY, QUEBEC, (http://www.investorideas.com/ water stock blog) H2O Innovation Inc. ("H2O Innovation" or the "Company) (tsx venture:HEO)(alternext:MNEMO), a complete water treatment solutions company providing custom designed systems along with specialty chemicals for membrane filtration systems, announces today that it has been awarded several new contracts totaling $4.3 million. These contracts will see H2O Innovation provide custom-built water treatment systems and equipment for municipal and industrial end-users, in the United States and Canada and, marginally, in Russia. These contracts bring H2O Innovation's sales backlog to $14.3 million. The Company's sales backlog is comprised entirely of systems and equipment sales and does not include sales of services and consumable products, nor does it include the backlog of the Company's Indian joint venture H2O Innovation India.
"We are pleased to have been awarded these contracts. Their signing is a result of both a higher level of bidding activity that we have been experiencing since the second half of fiscal 2010 along with capital equipment investments picking up in the industrial segment of the water treatment industry", stated Frederic Dugre, President and CEO of H2O Innovation.
As part of the contracts announced today, H2O Innovation will design, build and deliver reverse osmosis and ultrafiltration systems for the production of drinking water and for water reclamation for municipal customers located in California, Colorado, and Quebec. One of the contracts announced today will see H2O Innovation design and manufacture a 6.7 MGD low-pressure reverse osmosis system composed of two 3.35 MGD trains to treat ground water for potable use for the East Cherry Creek Valley Water & Sanitation District's Northern Water Supply Project in Colorado.
For other contracts, H2O Innovation will provide reverse osmosis systems and filtration equipment for the production of process water for U.S. and Canadian industrial customers, mostly in the energy and power generation industry. H2O Innovation has also been contracted to design, fabricate, assemble and deliver an industrial water reuse system using its patented Bio-Brane membrane bio-reactor (MBR) system to a textile plant in Russia, the Company's first recent contract in the fast growing Russian market.
Prospective disclosures
Certain statements set forth in this press release regarding the operations and the activities of H2O Innovation as well as other communications by the Company to the public that describe more generally management objectives, projections, estimates, expectations or forecasts may constitute forward-looking statements within the meaning of securities legislation. Forward-looking statements concern analysis and other information based on forecast future results and the estimate of amounts that cannot yet be yet determined. Forward-looking statements include the use of the words "expect", "believe", "estimate" and other similar terms as well as those usually used in the future and the conditional, notably regarding certain assumptions as to the success of a venture. Those forward-looking statements involve a number of risks and uncertainties which may result in actual and future results of the Company to be materially different than those indicated. Information about the risk factors to which the Company is exposed is provided in the Annual Information Form dated September 21, 2010 available on SEDAR (www.sedar.com). Unless required to do so pursuant to applicable securities legislation, H2O Innovation assumes no obligation to update or revise forward-looking statements contained in this press release or in other communications as a result of new information, future events and other changes.
About H2O Innovation
Building on 10 years of experience, H2O Innovation designs, manufactures, and integrates state-of-the-art custom-built water treatment systems for the production of drinking water, the reclamation of water, the treatment of wastewater and industrial process water in the municipal, commercial, industrial, oil & gas, mining, and energy markets. Additionally, the Company offers complete operating and maintenance solutions for membrane filtration and reverse osmosis systems. H2O Innovation has approximately 90 employees and eight offices including three manufacturing plants in Canada and the United States and is a founding partner of H2O Innovation India, a joint venture based in Mumbai, India. Shares of H2O Innovation are listed on the TSX Venture Exchange (HEO) as well as on the NYSE Euronext Alternext Exchange (mnemo:ALHEO). For more, visit http://www.h2oinnovation.com/.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Alternext Exchange accepts responsibility for the adequacy or accuracy of this release.
Contacts:
H2O Innovation Inc.
Guillaume Ducharme
1-418-928-0234
guillaume.ducharme@h2oinnovation.com
www.h2oinnovation.com
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All amounts in Canadian dollars unless otherwise stated
QUEBEC CITY, QUEBEC, (http://www.investorideas.com/ water stock blog) H2O Innovation Inc. ("H2O Innovation" or the "Company) (tsx venture:HEO)(alternext:MNEMO), a complete water treatment solutions company providing custom designed systems along with specialty chemicals for membrane filtration systems, announces today that it has been awarded several new contracts totaling $4.3 million. These contracts will see H2O Innovation provide custom-built water treatment systems and equipment for municipal and industrial end-users, in the United States and Canada and, marginally, in Russia. These contracts bring H2O Innovation's sales backlog to $14.3 million. The Company's sales backlog is comprised entirely of systems and equipment sales and does not include sales of services and consumable products, nor does it include the backlog of the Company's Indian joint venture H2O Innovation India.
"We are pleased to have been awarded these contracts. Their signing is a result of both a higher level of bidding activity that we have been experiencing since the second half of fiscal 2010 along with capital equipment investments picking up in the industrial segment of the water treatment industry", stated Frederic Dugre, President and CEO of H2O Innovation.
As part of the contracts announced today, H2O Innovation will design, build and deliver reverse osmosis and ultrafiltration systems for the production of drinking water and for water reclamation for municipal customers located in California, Colorado, and Quebec. One of the contracts announced today will see H2O Innovation design and manufacture a 6.7 MGD low-pressure reverse osmosis system composed of two 3.35 MGD trains to treat ground water for potable use for the East Cherry Creek Valley Water & Sanitation District's Northern Water Supply Project in Colorado.
For other contracts, H2O Innovation will provide reverse osmosis systems and filtration equipment for the production of process water for U.S. and Canadian industrial customers, mostly in the energy and power generation industry. H2O Innovation has also been contracted to design, fabricate, assemble and deliver an industrial water reuse system using its patented Bio-Brane membrane bio-reactor (MBR) system to a textile plant in Russia, the Company's first recent contract in the fast growing Russian market.
Prospective disclosures
Certain statements set forth in this press release regarding the operations and the activities of H2O Innovation as well as other communications by the Company to the public that describe more generally management objectives, projections, estimates, expectations or forecasts may constitute forward-looking statements within the meaning of securities legislation. Forward-looking statements concern analysis and other information based on forecast future results and the estimate of amounts that cannot yet be yet determined. Forward-looking statements include the use of the words "expect", "believe", "estimate" and other similar terms as well as those usually used in the future and the conditional, notably regarding certain assumptions as to the success of a venture. Those forward-looking statements involve a number of risks and uncertainties which may result in actual and future results of the Company to be materially different than those indicated. Information about the risk factors to which the Company is exposed is provided in the Annual Information Form dated September 21, 2010 available on SEDAR (www.sedar.com). Unless required to do so pursuant to applicable securities legislation, H2O Innovation assumes no obligation to update or revise forward-looking statements contained in this press release or in other communications as a result of new information, future events and other changes.
About H2O Innovation
Building on 10 years of experience, H2O Innovation designs, manufactures, and integrates state-of-the-art custom-built water treatment systems for the production of drinking water, the reclamation of water, the treatment of wastewater and industrial process water in the municipal, commercial, industrial, oil & gas, mining, and energy markets. Additionally, the Company offers complete operating and maintenance solutions for membrane filtration and reverse osmosis systems. H2O Innovation has approximately 90 employees and eight offices including three manufacturing plants in Canada and the United States and is a founding partner of H2O Innovation India, a joint venture based in Mumbai, India. Shares of H2O Innovation are listed on the TSX Venture Exchange (HEO) as well as on the NYSE Euronext Alternext Exchange (mnemo:ALHEO). For more, visit http://www.h2oinnovation.com/.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Alternext Exchange accepts responsibility for the adequacy or accuracy of this release.
Contacts:
H2O Innovation Inc.
Guillaume Ducharme
1-418-928-0234
guillaume.ducharme@h2oinnovation.com
www.h2oinnovation.com
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Water stocks- become a showcase water stock at www.investorideas.com and www.water-stocks.com for as little as $1000 month !
TSX Water Stocks News; Arrowhead Water (TSX VENTURE:AWA)Announces Share Consolidation
TSX Water Stocks News; Arrowhead Water (TSX VENTURE:AWA) Announces Share Consolidation
CALGARY, ALBERTA--(http://www.investorideas.com/ water stocks blog ) - Sept. 30, 2010) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.
Arrowhead Water Products Ltd. ("Arrowhead" or the "Company") (TSX VENTURE:AWA) is pleased to announce that effective October 1, 2010 the Company shall consolidate its Class A Common Shares on a one (1) new Class A Common Share for five (5) old Class A Common Shares (1:5) basis (the "Consolidation"). The Consolidation was approved by shareholders at the annual and special meeting of the Company which was held on August 25, 2010 as well as by the TSX Venture Exchange ("TSXV"). The Board of Directors believes that the Consolidation should enhance the marketability of the shares of the Company.
Registered shareholders of the Company will be requested to deliver their share certificates representing the pre-Consolidation Class A Common Shares to the Company's transfer agent against delivery of new certificates representing the post-Consolidation Class A Common Shares. A letter of transmittal for the exchange of the shares will be sent to the shareholders concurrent with the issuance of this news release or shortly thereafter. No action is required by non-registered shareholders, who hold securities of the Company through an intermediary, to effect the Consolidation of their beneficially held securities.
As a result of the Consolidation, the Company's issued and outstanding common shares shall decrease from 72,461,146 Class A Common Shares (pre-consolidation) to approximately 14,492,229 Class A Common Shares (post-consolidation), subject to rounding. The post-Consolidation Class A Common Shares will commence trading on the TSXV under the new trading symbol "AWA" on October 1, 2010. Further details with respect to the Consolidation are disclosed in the Company's Management Information Circular dated July 29, 2010, which has been electronically filed with regulators and available for viewing through the Internet on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
About Arrowhead Water
Arrowhead Water is Canada's largest Canadian owned, publicly traded water company which is engaged in the production, sale and distribution of large format bottled drinking water (including the new one-way bisphenol free 15 litre bottle and traditional 18.9 litre (5 gallon) bottle). Arrowhead produces and delivers bottles of reverse osmosis, distilled and natural spring water to the Western Canadian retail and wholesale market. Arrowhead remains committed to continually improve its level of service to its customers and to provide positive returns to its shareholders.
Pre-Consolidation Issued and Outstanding Shares: 72,461,146
Post-Consolidation Issued and Outstanding Shares: 14,492,229
READER ADVISORY
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Arrowhead Water Products Ltd.
Donald W. Wood
President and Chief Executive Officer
(403) 692-8259
(403) 243-1485 (FAX)
dwood@arrowheadwater.ca
or
Arrowhead Water Products Ltd.
5730 Burbank Road SE
Calgary, Alberta T2H 1Z4
More water stocks info and water stocks research resources for investors:
Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
Water stocks- become a showcase water stock at www.investorideas.com and www.water-stocks.com for as little as $1000 month !
CALGARY, ALBERTA--(http://www.investorideas.com/ water stocks blog ) - Sept. 30, 2010) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.
Arrowhead Water Products Ltd. ("Arrowhead" or the "Company") (TSX VENTURE:AWA) is pleased to announce that effective October 1, 2010 the Company shall consolidate its Class A Common Shares on a one (1) new Class A Common Share for five (5) old Class A Common Shares (1:5) basis (the "Consolidation"). The Consolidation was approved by shareholders at the annual and special meeting of the Company which was held on August 25, 2010 as well as by the TSX Venture Exchange ("TSXV"). The Board of Directors believes that the Consolidation should enhance the marketability of the shares of the Company.
Registered shareholders of the Company will be requested to deliver their share certificates representing the pre-Consolidation Class A Common Shares to the Company's transfer agent against delivery of new certificates representing the post-Consolidation Class A Common Shares. A letter of transmittal for the exchange of the shares will be sent to the shareholders concurrent with the issuance of this news release or shortly thereafter. No action is required by non-registered shareholders, who hold securities of the Company through an intermediary, to effect the Consolidation of their beneficially held securities.
As a result of the Consolidation, the Company's issued and outstanding common shares shall decrease from 72,461,146 Class A Common Shares (pre-consolidation) to approximately 14,492,229 Class A Common Shares (post-consolidation), subject to rounding. The post-Consolidation Class A Common Shares will commence trading on the TSXV under the new trading symbol "AWA" on October 1, 2010. Further details with respect to the Consolidation are disclosed in the Company's Management Information Circular dated July 29, 2010, which has been electronically filed with regulators and available for viewing through the Internet on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
About Arrowhead Water
Arrowhead Water is Canada's largest Canadian owned, publicly traded water company which is engaged in the production, sale and distribution of large format bottled drinking water (including the new one-way bisphenol free 15 litre bottle and traditional 18.9 litre (5 gallon) bottle). Arrowhead produces and delivers bottles of reverse osmosis, distilled and natural spring water to the Western Canadian retail and wholesale market. Arrowhead remains committed to continually improve its level of service to its customers and to provide positive returns to its shareholders.
Pre-Consolidation Issued and Outstanding Shares: 72,461,146
Post-Consolidation Issued and Outstanding Shares: 14,492,229
READER ADVISORY
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Arrowhead Water Products Ltd.
Donald W. Wood
President and Chief Executive Officer
(403) 692-8259
(403) 243-1485 (FAX)
dwood@arrowheadwater.ca
or
Arrowhead Water Products Ltd.
5730 Burbank Road SE
Calgary, Alberta T2H 1Z4
More water stocks info and water stocks research resources for investors:
Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
Water stocks- become a showcase water stock at www.investorideas.com and www.water-stocks.com for as little as $1000 month !
Water Stocks; BioteQ (TSX:BQE) Receives $3.6 Million Payment
Water Stocks; BioteQ (TSX:BQE) Receives $3.6 Million Payment
VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ water stocks blog) - Sept. 30, 2010) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, announced today that the company has received $3.6 million in cash from NWM Mining, as full re-payment of the loan that BioteQ extended to NWM Mining in 2008. The repayment includes all outstanding principal and interest on the loan.
Brad Marchant, BioteQ's Chief Executive Officer, stated, "We are pleased to receive early repayment of the loan. The management team and financial partners of NWM have made significant advancements in the last year and have created a more robust project to the benefit of all involved."
The loan was extended to NWM Mining as part of BioteQ's involvement in the development of the Lluvia de Oro - Jojoba gold mine project located in Sonora, Mexico. In addition to the loan financing, BioteQ designed, built and commissioned a SART plant in 2008 to demonstrate the technology for application at the Lluvia-Jojoba project, and subsequently sold the plant to NWM under a sales-lease arrangement in June 2009, as previously announced. Monthly lease payments of $150,000 for the SART plant are to commence October 1, 2010.
The SART plant is designed to treat up to 340 cubic meters per hour of copper-contaminated cyanide solution. The plant operated successfully in 2008, meeting all specifications for emissions and safety while regenerating cyanide solution for re-use in the gold operation, reducing copper in the gold leach solution from 300 mg/L to below 50 mg/L in the discharge from the plant, and recovering dissolved copper as a high-grade copper sulphide concentrate. Over 40,000 pounds of concentrate was recovered containing 63 percent copper, which was sold to Trafigura. By removing the interference of the copper from the gold heap leach process, BioteQ's SART plant can improve gold yields, significantly reduce operating costs, and enhance the environmental performance of the gold mining operation.
BioteQ Corporate Profile
BioteQ applies innovative technologies and operating expertise to solve challenging water treatment problems, reducing environmental liabilities while delivering lower life cycle costs for water treatment. The Company's commercially proven technologies treat industrial wastewater contaminated with dissolved heavy metals and sulphate, producing saleable by-products and clean water that can be discharged safely to the environment. BioteQ has built 10 plants at sites in Canada, the US, China, Australia and Mexico, with additional projects in design and construction.
BioteQ's sustainable water treatment solutions have been recognized with the CIM/Syncrude Award for Excellence in Sustainable Development, the Canada Export Achievement Award, the Jantzi/Maclean's Most Socially Responsible Corporations in Canada, the Globe Award for Environmental Excellence, the PDAC Award for Environmental and Social Responsibility, the China Mining Environmental Protection Award, and the Mines & Money Sustainable Development Award. BioteQ is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, please go to www.bioteq.ca.
On behalf of the Board of Directors
Brad Marchant
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "might" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the development, construction and operation of water treatment plants, variations in water quality, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors described in the section entitled "Risks" in the Company's Annual Report for the Year Ended December 31, 2009. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
For more information, please contact
BioteQ Environmental Technologies Inc.
Tanja McQueen
Corporate Development
604-685-1243 or 1-800-537-3073
604-685-7778 (FAX)
investor@bioteq.ca
www.bioteq.ca
More water stocks info and water stocks research resources for investors:
Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
Water stocks- become a showcase water stock at www.investorideas.com and www.water-stocks.com for as little as $1000 month !
VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ water stocks blog) - Sept. 30, 2010) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, announced today that the company has received $3.6 million in cash from NWM Mining, as full re-payment of the loan that BioteQ extended to NWM Mining in 2008. The repayment includes all outstanding principal and interest on the loan.
Brad Marchant, BioteQ's Chief Executive Officer, stated, "We are pleased to receive early repayment of the loan. The management team and financial partners of NWM have made significant advancements in the last year and have created a more robust project to the benefit of all involved."
The loan was extended to NWM Mining as part of BioteQ's involvement in the development of the Lluvia de Oro - Jojoba gold mine project located in Sonora, Mexico. In addition to the loan financing, BioteQ designed, built and commissioned a SART plant in 2008 to demonstrate the technology for application at the Lluvia-Jojoba project, and subsequently sold the plant to NWM under a sales-lease arrangement in June 2009, as previously announced. Monthly lease payments of $150,000 for the SART plant are to commence October 1, 2010.
The SART plant is designed to treat up to 340 cubic meters per hour of copper-contaminated cyanide solution. The plant operated successfully in 2008, meeting all specifications for emissions and safety while regenerating cyanide solution for re-use in the gold operation, reducing copper in the gold leach solution from 300 mg/L to below 50 mg/L in the discharge from the plant, and recovering dissolved copper as a high-grade copper sulphide concentrate. Over 40,000 pounds of concentrate was recovered containing 63 percent copper, which was sold to Trafigura. By removing the interference of the copper from the gold heap leach process, BioteQ's SART plant can improve gold yields, significantly reduce operating costs, and enhance the environmental performance of the gold mining operation.
BioteQ Corporate Profile
BioteQ applies innovative technologies and operating expertise to solve challenging water treatment problems, reducing environmental liabilities while delivering lower life cycle costs for water treatment. The Company's commercially proven technologies treat industrial wastewater contaminated with dissolved heavy metals and sulphate, producing saleable by-products and clean water that can be discharged safely to the environment. BioteQ has built 10 plants at sites in Canada, the US, China, Australia and Mexico, with additional projects in design and construction.
BioteQ's sustainable water treatment solutions have been recognized with the CIM/Syncrude Award for Excellence in Sustainable Development, the Canada Export Achievement Award, the Jantzi/Maclean's Most Socially Responsible Corporations in Canada, the Globe Award for Environmental Excellence, the PDAC Award for Environmental and Social Responsibility, the China Mining Environmental Protection Award, and the Mines & Money Sustainable Development Award. BioteQ is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, please go to www.bioteq.ca.
On behalf of the Board of Directors
Brad Marchant
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "might" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the development, construction and operation of water treatment plants, variations in water quality, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors described in the section entitled "Risks" in the Company's Annual Report for the Year Ended December 31, 2009. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
For more information, please contact
BioteQ Environmental Technologies Inc.
Tanja McQueen
Corporate Development
604-685-1243 or 1-800-537-3073
604-685-7778 (FAX)
investor@bioteq.ca
www.bioteq.ca
More water stocks info and water stocks research resources for investors:
Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
Water stocks- become a showcase water stock at www.investorideas.com and www.water-stocks.com for as little as $1000 month !
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