LOS ANGELES, July 19, 2018 /PRNewswire/ -- OriginClear Inc. (OTC/QB: OCLN), a leading provider of water treatment solutions, today announced Modular Water Systems (www.modularwater.com), its new division that offers a unique product line of prefabricated water treatment systems. Daniel "Dan" Early P.E. (Professional Engineer), heads the new division.
Modular Water designs and delivers prefabricated wastewater treatment products to customers and end-users that have to clean their own wastewater. It uses Structurally Reinforced Thermoplastic (SRTP) materials to focus on developing water and wastewater collection, conveyance, and treatment systems that have high performance and sustainability.
Typical customers include schools, small communities, institutional facilities, real estate developments, factories, and industrial parks.
"According to the United States EPA, it will take a quarter trillion dollars to restore America's decaying water infrastructure, and there's no budget for that," said Riggs Eckelberry, OriginClear CEO. "Water users are increasingly forced to treat their own wastewater on-site, at the point of use. This sets the stage for Modular Water."
Riggs continued, "When you build a new school or community center, you'll need a water treatment system. It must be rapidly deployed, compact, self-sufficient, highly durable and cost-effective. Dan's patented inventions respond to this mandate."
Eckelberry and Early discussed the product launch in a sponsored appearance on MoneyTV: https://www.originclear.com/video/originclear-launches-prefabricated-systems-division
Dan Early has pioneered the use of heavy reinforced plastic materials to create modular "water-systems-in-a-box". Not only is reinforced thermoplastic faster and cheaper to build, but it can have three times the lifespan, or more, compared with concrete-and-steel construction. His inventions have led to the patented Wastewater System & Method which OriginClear has licensed exclusively for the world.
In the words of Dan Early, "We believe our products set a de facto industry standard for performance and longevity. SRTP products are superior to typical concrete, steel and fiberglass construction for a myriad of reasons including durability, weight, life expectancy, corrosion resistance, water tightness, and ease of installation and maintenance. SRTP based products are in my view the superior choice, with an estimated minimum useful service life of 100 years or longer. The civil infrastructure world needs product offerings that will double or triple the normal life cycle of conventional materials and result in substantial reductions in life cycle operational costs."
The new Modular Water Systems division plans to largely subcontract its manufacturing to OriginClear's subsidiary, Progressive Water Treatment of McKinney, Texas, before developing its own, in-house facilities.
In a 2016 Water Online guest column, "The Water Revolution: Moving To A Decentralized System", Riggs Eckelberry stated, "Instead of rebuilding our current infrastructure, we can equip water users to treat their own water with small, modular water treatment systems that can be built and installed locally. The opportunity is clear: move to a decentralized structure."
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About OriginClear, Inc.
By 2020, the global water services industry is forecasted to be a trillion-dollar industry — and yet, 80% of all sewage in the world still goes untreated. Our mission is to provide expertise, technology, and capital to help make clean water available for all. We license our breakthrough technology worldwide to treat heavily polluted waters and also remove harmful micro-contaminants from drinking water, using minimal energy, chemicals, and materials. We are building a network of profitable water service companies to expand our global market presence and our technical expertise. Water is our most valuable resource, and the mission of OriginClear is to improve the quality of water — and help return it to its original and clear condition. To learn more about OriginClear®, please visit our website at www.originclear.com.
OriginClear Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Press Contact:
Kaitlyn Finegan
Antenna Group
415-977-1914
[email protected]
Investor Relations OriginClear:
Tom Becker
Toll-free: 877-999-OOIL (6645) Ext. 3
International: +1-323-939-6645 Ext. 3
Fax: 323-315-2301
[email protected]
www.OriginClear.com
SOURCE OriginClear, Inc.
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