Basin Water Announces Appointment General Counsel
July 12 2007 - 1:45PM
Business Wire
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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