Basin Water to Supply High-Efficiency Nitrate Removal System to Port of Walla Walla, WA
February 26 2008 - 8:30AM
Business Wire
Basin Water, Inc. (NASDAQ:BWTR) announced today that it has
received approval for the installation of a high-efficiency ion
exchange system to remove nitrate at a new potable water source for
the Port of Walla Walla, WA. The contract marks the first Basin
Water installation in the State and is part of the company�s
announced plans to grow operations nationwide while also developing
new technologies and applications for their water treatment
technology+services business. According to Mike Stark, President
and Chief Executive Officer of Basin Water, the need for effective
treatment technology with manageable costs and total reliability
faces communities throughout the United States. �Delivering
adequate supplies of high quality drinking water is one of the
biggest challenges our communities face as they look to sustain
growth through a safe and reliable source of water. The treatment
of groundwater for use in drinking water systems is one of the best
solutions for meeting that challenge, and we at Basin Water are
excited to bring our �worry-free water� approach to the State of
Washington,� he said. Basin Water�s high-efficiency nitrate removal
unit will serve the new water system designed by Anderson Perry
& Associates for the 122 acre Burbank Business Park located at
the confluence of the Snake and Columbia Rivers. Basin Water is
supplying the system as a subcontractor to Apollo Inc., the general
contractor for the project. The installation is expected to be
brought online by June of this year and will remove nitrate to
levels below 7 parts per million (ppm) nitrate as nitrogen. The
system will deliver up to 650,000 gallons of water per day (450
gpm) at peak flow rates. The unit is modular in design, and its
treatment capacity can be easily increased to satisfy increased
demand. Nitrates are ionic substances widely found in the
environment as byproducts of fertilizers, septic systems and
groundwater recharge and can migrate easily into drinking water
supplies. Once ingested, nitrates are converted into nitrites,
which react chemically within the digestive and circulatory systems
and have been linked to a number of cancers, diseases and
methemoglobinemia, or �blue baby syndrome.� Nationally, the EPA has
established a maximum contaminant level (MCL) of 10 ppm nitrate as
nitrogen as part of the Safe Drinking Water Act. Nitrate is
recognized by the United States Geological Survey as one of the
most widespread contaminants of shallow groundwater across the
United States, particularly in agricultural areas. According to
Orlando Carre�o, Vice President, Western Region of Basin Water,
this first project in the state of Washington bolsters Basin
Water�s regional presence as a provider of water treatment
technology. �Basin Water offers some of the most reliable and
flexible water treatment solutions available, and we are excited by
the prospect of being able to bring those solutions to new
communities in the Western U.S.,� Carre�o said. �We look forward to
working closely with the Port of Walla Walla in getting this system
running and assuring a cost-effective, compliant source of drinking
water for the people they serve,� he concluded. About Basin Water
Basin Water, Inc. is a provider of reliable, long-term process
solutions for a range of clients, which includes designing,
building and implementing systems for the treatment of contaminated
groundwater, the treatment of wastewater, waste reduction and
resource recovery. Basin Water employs treatment technologies
including its own proprietary, scalable ion-exchange wellhead
treatment system, along with a host of other treatment technologies
designed to meet customer needs 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 operating losses associated with
certain of the company's contracts, the company's ability to
identify and consummate other acquisition opportunities that
improve the company's revenues and profitability, 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 and the timing of the company's stock
repurchases, if any. 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 Annual
Report on Form 10-K for the year ended December 31, 2006 and
subsequent Quarterly Reports on Form 10Q. The company assumes no
obligation to update these forward-looking statements to reflect
any change in future events.
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