TSXV: HEO
Alternext: MNEMO: ALHEO
OTCQX: HEOFF
QUEBEC CITY, July 8, 2015 /CNW Telbec/ - (TSXV: HEO) –
H2O Innovation Inc.
("H2O Innovation" or the "Company") is proud to
announce significant developments in its subsidiary Piedmont
Pacific Corporation ("Piedmont"), specialised in the design and
manufacturing of flexible pipe couplings. Piedmont recently won two of the largest
contracts in its history for desalination plants in Qatar and also signed a new distributor in
Australia. Furthermore,
Piedmont is renewing its web
platform and has launched a new website containing a product
selection tool and other upgrades.
Largest contracts in its history
Since its acquisition
by H2O Innovation, Piedmont has had consistent and strong growth,
as demonstrated with the execution of these two recent contracts.
These contracts confirm the sale of 33,500 couplings for two
desalination plants located in Qatar through an engineering, procurement and
construction ("EPC") company in Spain.
"These projects represent a great opportunity for Piedmont to consolidate its business
relationship with this important Spanish EPC company and its
position as the preferred flexible coupling manufacturer for large
desalination plants", mentioned Simon
Bouchard, General Manager of Piedmont. Obtaining these contracts shows
the trust this client has in Piedmont's products but also in the whole
Piedmont team and their integrated
procurement and logistical services as well as their experienced
technical and engineering support.
The 33,500 couplings will be delivered during the 2016 fiscal
year which allows Piedmont to
start its new financial year on a positive note.
New Australian distributor
Piedmont is continuing its development with
the addition of a new distributor to its worldwide distribution
network. Located in Australia,
Aquacorp will cover Australia and
New Zealand and will allow
Piedmont to make its mark in
Oceania. Specialised in importing and exporting equipment used for
water treatment systems, Aquacorp is a recognized Australian
distributor. Thanks to its local knowledge, this new
distributor will assist Piedmont
in selling its products in this territory rich in
opportunities.
Select the best coupling in 4 clicks!
In order to help
its clients and partners to select the appropriate couplings and
products for their applications, Piedmont developed a coupling selection tool,
which is available on a new website. Quick and easy to use, the
selection tool identifies the adequate coupling style in just a few
clicks, allowing users to promptly access technical information for
the selected products and to request a quote online. Entirely
transformed, Piedmont's website is
now a complete source of information for clients and partners. The
new website is complete with a reference list, detailed
documentation on each product and the latest Piedmont news. Thorough and easy to navigate,
the new Piedmont website
(www.piedmontpacific.com) will become a reference when looking to
purchase flexible pipe couplings.
About Piedmont
Piedmont designs, manufactures and provides a
broad line of stainless steel couplings and fittings that span a
wide range of industrial and municipal applications mostly using
membrane-related technologies. Engineered for water treatment
applications, Piedmont couplings
make a significant contribution to the longevity of systems thanks
to high quality fabrication and reliability. For more information,
visit www.piedmontpacific.com.
About H2O Innovation
H2O Innovation designs and provides state-of-the-art,
custom-built, and integrated water treatment solutions based on
membrane filtration technology for municipal, energy and natural
resources end-users. Also, directly and through its affiliates,
H2O Innovation provides services and products
complementary to its membrane filtration and reverse osmosis
systems. These products consist of a complete line of specialty
chemicals, consumables and couplings. For more information, visit
www.h2oinnovation.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) nor the Alternext Exchange accepts responsibility
for the adequacy or accuracy of this release.
Source :
H2O Innovation Inc.
www.h2oinnovation.com
SOURCE H2O Innovation Inc.