Modern Water PLC Modern Water Signs AMBC Collaboration for Africa

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Modern Water PLC

18 October 2018

Modern Water plc

("Modern Water", "the Company" or "the Group")

Modern Water signs AMBC collaboration for Africa

Modern Water plc (AIM:MWG), the owner of leading technologies for water and wastewater treatment and for the monitoring of water quality, is pleased to announce that it has entered into a collaboration agreement with WEC Projects (Pty) Ltd ("WEC Projects"), a leading South-African EPC contractor which specialises in the provision of engineered solutions in the water and wastewater treatment sector. Based in Johannesburg, South Africa, WEC Projects is active throughout the African continent.

WEC Projects will promote Modern Water's innovative and proprietary All-Membrane Brine Concentration ("AMBC") technology throughout the African continent.

Brine is a by-product of many industrial processes and can pose a significant environmental hazard, both due to corrosive and sediment-forming effects of salts and toxicity of other chemicals diluted in it.

Technologies for treatment of polluted brine include evaporation processes, such as brine concentrators and crystallizers employing mechanical vapour recompression and steam. Traditional brine treatment, from recycling to Zero Liquid Discharge ("ZLD") methods, is typically complex, multi-stage and costly, representing a significant cost to businesses. Modern Water's advanced technology allows customers to achieve higher brine concentrations than traditional membrane techniques, which significantly reduces the wastewater volume required for the subsequent brine crystalliser treatment.

Simon Humphrey, Modern Water's CEO, said: "WEC Projects is a leading contractor in Southern Africa and we are glad to have found such a superb partner to promote our AMBC, adding to our other excellent partnerships in India with Advent Envirocare and with Sunup in China. Our AMBC technology is proven to deliver a step-change in performance and is the key step in significantly reducing operating costs for customers and consequently lower operating costs."

Commenting on the project, Wayne Taljaard, WEC Project's CEO said: "Modern Water's proprietary brine concentrator is an innovative solution capable of reducing waste-water treatment requirements and maximising clean-water reuse in a wide range of industrial applications, including mining, power, oil & gas and desalination plants. Southern Africa is a potentially large market for AMBC since the area is host to numerous industry sectors, all of which are increasingly subject to strict water treatment regulations due to Southern Africa's severe water shortage."

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For further information:

 
Modern Water plc                                  +44 (0) 1483 696 000 
Simon Humphrey, Chief Executive 
 
 WH Ireland Limited (Nominated Adviser)            +44 (0) 207 220 1666 
Chris Fielding 
 James Sinclair-Ford 
 Hayley Richardson (Corporate Broker)

Notes to editors:

Modern Water is a pioneering and innovative technology company, specialising in membrane water treatment solutions and advanced monitoring products. The company works for customers in a range of industries across the globe and owns proprietary technologies for use in a diverse range of applications. Modern Water's Monitoring Division has a portfolio of world-leading toxicity and trace metal monitoring products, some of which constitute the regulatory standard. The headline technology of the Company's Membrane Division, called "AMBC", can be used to tackle complex wastewater treatment problems at a reduced cost compared to standard processes, while being simple to operate.

www.modernwater.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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October 18, 2018 02:01 ET (06:01 GMT)

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