TIDMAFS

RNS Number : 0990O

Amiad Water Systems Ltd

13 September 2011

13 September 2011

Amiad Water Systems Ltd.

("Amiad" or the "Company")

Change of Name

The Board of Amiad is pleased to announce that the Company's name has been changed from Amiad Filtration Systems Ltd to Amiad Water Systems Ltd.

Following shareholder approval at the Company's Annual General Meeting on Thursday 1 September 2011, the required consent has now been received from the Israeli Companies Registrar. Amiad will continue to trade on the London Stock Exchange under the ticker 'AFS' and will begin trading under its new name at 8.00am BST today.

The Company's new name reflects the development and expansion of Amiad's offering following the merger with Arkal Filtration Systems. The enlarged business, operating in a greater number of market segments and geographies, aims to provide a wider range of products based on innovative solutions that can form the core of any water treatment system worldwide.

Based on distinct, but synergistic and complementary technologies, Amiad now operates under three brands:

-- "Amiad" - screen technology based products, providing a variety of filtration solutions for the industrial, municipal and irrigation segments;

-- "Arkal (by Amiad)" - disc filtration and polymer casing products, providing solutions for irrigation, municipal, ballast water and marine applications; and

-- "Filtomat (by Amiad)" - solutions for the industrial and municipal segments, based on a unique patented microfiber technology that allows filtration to a finer degree, and provides screen filters to the irrigation segment.

Enquiries:

 
 Amiad Water Systems Ltd. 
 Tal Yeshua, Chairman 
  Arik Dayan, Chief Executive 
  Officer                         +972 4 690 9500 
                                 ----------------- 
 
 Nomura Code Securities Ltd. 
                                 ----------------- 
 Richard Potts, Giles Balleny     +44 20 7776 1200 
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 Corfin Public Relations 
                                 ----------------- 
 Harry Chathli, Claire Norbury    +44 20 7596 2860 
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This information is provided by RNS

The company news service from the London Stock Exchange

END

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