Energy Recovery Inc Granted Record-Setting Number of New Patents
January 26 2012 - 8:00AM
Business Wire
Energy Recovery Inc (NASDAQ:ERII), a leader in the design and
development of energy recovery devices and pumps for desalination
and other industrial processes, today announced that it was granted
four new patents from the United States Patent and Trademark Office
(USPTO) in 2011, the most approved in any one year in the Company’s
history. All of the patents were related to Energy Recovery Inc’s
(ERI) game changing PX™ Pressure Exchanger technology, including
its application into osmotic power production.
As a leader and innovator of clean technologies at the
intersection of water and energy, ERI is developing innovative
solutions that change the economic and environmental impact of
industrial applications. The new patents reinforce ERI’s commitment
to research and development, both in securing intellectual property
and unique applications. ERI’s recent patent awards are further
confirmation of the company’s commitment to expanding into new
markets with disruptive technologies.
“We are dedicated to creating new and enhanced technologies
within our existing markets and beyond. By forging ahead with new
technologies, we are developing next-generation products that are
critical to the water industry as well as other industrial fluid
applications requiring energy efficiency solutions,” said Tom
Rooney, chief executive officer at ERI.
Click to tweet: RT@ERIEnergy ERI
Granted Record Setting Number of New Patents.
http://bit.ly/wAQDII
About Energy Recovery Inc
Energy Recovery Inc (NASDAQ: ERII) designs and develops energy
recovery devices and pumps that significantly reduce energy
consumption for desalination and other industrial processes. In
total, Energy Recovery has more than 12,000 devices installed
worldwide, helping to save an estimated 10 billion kilowatt hours
of energy per year. The company is headquartered in the San
Francisco Bay Area with offices in key centers worldwide, including
Madrid, Shanghai, and Dubai. For more information about Energy
Recovery Inc, please visit www.energyrecovery.com.
Energy Recovery (NASDAQ:ERII)
Historical Stock Chart
From May 2024 to Jun 2024
Energy Recovery (NASDAQ:ERII)
Historical Stock Chart
From Jun 2023 to Jun 2024