TIDMAFS 
 
RNS Number : 0427G 
Amiad Filtration Systems Ltd 
25 January 2010 
 

25 January 2010 
 
 
Amiad Filtration Systems Ltd. 
("Amiad" or "the Company") 
 
 
Amiad establishes Amiad Andina with its Chilean distributor, CIMA 
 
 
Amiad is pleased to announce that it has established Amiad Andina, a joint 
venture with its Chilean distributor, CIMA, a distribution company active in the 
irrigation and construction industries, to enhance the sale and marketing of 
Amiad's products and solutions in the industrial and municipal markets in Chile, 
Peru and Argentina. CIMA has been Amiad's distributor for the municipal and 
industrial markets in Chile since the end of 2007. 
 
 
Under the terms of the agreement, Amiad holds 50% of the shares of Amiad Andina 
through the Company's subsidiary Amiad Chile, and CIMA holds the remaining 50% 
of shares. It is expected that each party will make an initial capital 
investment of US$100,000 and an additional US$100,000 from shareholder loans. 
 
 
As stated in the Company's interim results on 21 September 2009, Amiad has been 
increasing its presence in South America and looking to expand further in the 
region. In Chile, during the first half of 2009 the Company built on its 
successes to date within the mining industry and secured two projects with a 
large engineering group for cooling water. The ongoing growth in Chile has been 
achieved in partnership with CIMA, and with growth in South America set to 
continue as economic development in the region progresses, the Company expects 
Amiad Andina to enhance its sales in the target countries. 
 
 
Commenting on the news, Arik Dayan, CEO of Amiad, said: 
 
 
"We are pleased to sign this agreement as a way to consolidate our relationship 
with CIMA, which started just over two years ago. Their local knowledge, 
expertise and presence in the region will enable us to accelerate our growth and 
penetration in the industrial and municipal markets. 
 
 
"As we have stated, our strategy is to become a leading international water 
filtration company that can provide filtration solutions for the irrigation 
sector, industry and municipalities worldwide. This venture is an important step 
in that direction and one that will contribute to the Company's finances 
immediately." 
 
 
Sebastian Fuentes, Partner of CIMA, added: 
 
 
"Amiad has a growing presence in the South American market and is recognised as 
a worldwide leader in water filtration. This venture will enable us to further 
the gains of our partnership and build on the successes that we have achieved to 
date. With Amiad's global experience and our local strengths, together we are 
well-placed to benefit from solid growth as economic development in South 
America progresses. We are proud to be a part of the Amiad team in Chile." 
 
 
 
 
Enquiries: 
 
 
+------------------------------------+-----------------------------------+ 
| Amiad Filtration Systems Ltd.      |                                   | 
+------------------------------------+-----------------------------------+ 
| Arik Dayan, Chief Executive        | +972 4 690 9500                   | 
| Officer                            |                                   | 
+------------------------------------+-----------------------------------+ 
|                                    |                                   | 
+------------------------------------+-----------------------------------+ 
| Corfin Communications              |                                   | 
+------------------------------------+-----------------------------------+ 
| Harry Chathli, Claire Norbury      | +44 20 7977 0020                  | 
+------------------------------------+-----------------------------------+ 
|                                    |                                   | 
+------------------------------------+-----------------------------------+ 
| Panmure Gordon                     |                                   | 
+------------------------------------+-----------------------------------+ 
| Andrew Godber                      | +44 20 7459 3600                  | 
+------------------------------------+-----------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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