Basin Water, Inc. (Nasdaq:BWTR) announces the appointment of Scott B. Hamilton as the Company�s General Counsel. Mr. Hamilton previously served as Associate General Counsel of Veolia Water North America, previously known as USFilter Operating Services, Inc., a leading worldwide integrated water services and environmental company. As the Company�s General Counsel, Mr. Hamilton will be responsible for the overall guidance of the Company�s legal needs; including SEC regulatory compliance, contract negotiations, agreements, acquisitions, etc. Scott will report directly to Mike Stark, the Company�s President and Chief Operating Officer. Mr. Stark stated, �We are excited to welcome Scott to Basin Water. Scott brings with him excellent legal expertise in the many facets of contract law, contract negotiations, compliance and other important legal areas within the water industry. This newly added position will provide us with the needed legal directions and focus which will assist us in our future growth and business endeavors. Scott also played a key role for many of the business negotiations, acquisitions and transactions which added to the growth of US Filter in the past. We believe Scott will provide the necessary tools to grow Basin Water into a premier water treatment services company.� �I am thrilled to join Basin Water,� stated Scott Hamilton. �The Basin Water team is an enthusiastic and talented group, and Basin Water is poised to leverage its technology to grow into a leading water treatment services company. I look forward to this unique opportunity to work with the Basin Water team and assist a growing company in the vital water industry.� Basin Water, Inc. designs, builds and implements systems for the treatment of contaminated groundwater, providing reliable sources of drinking water for many communities. Basin Water has developed a proprietary, scalable ion-exchange wellhead treatment system that reduces groundwater contamination levels in an efficient, flexible and cost-effective manner. Additional information may be found on the company's web site: www.basinwater.com. Forward-Looking Statements This press release contains �forward-looking statements� within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, including expectations relating to future revenues and income, the company's ability to gain new business and control costs, involve risks and uncertainties, as well as assumptions that, if they prove incorrect or never materialize, could cause the results of the company to differ materially from those expressed or implied by such forward-looking statements. Actual results may differ materially from these expectations due to various risks and uncertainties, including: the company's limited operating history, significant fluctuations in its revenues from period to period, its ability to effectively manage its growth, the success of the company's strategic partners, its long sales cycles, market acceptance of its technology, the geographic concentration of its operations and customers, its ability to meet customer demands and compete technologically, the company's ability to protect its intellectual property, regulatory approvals of the company's systems, changes in governmental regulation that may affect the water industry, particularly with respect to environmental laws, the company's ability to attract and retain qualified personnel and management members and the company's ability to manage its capital to meet future liquidity needs. More detailed information about these risks and uncertainties are contained in the company's filings with the Securities and Exchange Commission, including the company's Registration Statement on Form S-1 and Quarterly Reports filed on Form 10-Q. The company assumes no obligation to update these forward-looking statements to reflect any change in future events.
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