Parallel assembly of multiple sub-units is
similar to Tesla's UNBOXED method
Water On Demand (WODI), a subsidiary of OriginClear, Inc. (OTC
Other: OCLN), announces that its Modular Water Systems™ (MWS)
division has found market traction with its newly-launched
EveraTREAT MINI product line, designed specifically for small
wastewater treatment systems. Partners like Georgetown, Texas-based
Enviromaintenance (www.enviromaintenance.com) agree.
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The EveraTREAT MINI is standardized in
2,500 gallon per day (gpd) increments from 2,500 to 10,000 gpd, and
competitively priced for sites primarily needing to treat domestic
or municipal strength sewage such as housing developments, small
commercial sites, hotels, RV campgrounds, mobile home parks and
remote public institutions such as schools and governmental
facilities. The Texas Commission on Environmental Quality (TCEQ)
has helped to accelerate adoption in Texas by pre-approving
EveraTREAT MINI designs up to 5,000 gpd, with Modular Water Systems
staff working on other jurisdictions. For more information on your
locality, please contact Modular Water Systems at
https://www.modularwater.com/contact-us/. (Photo by Water On
Demand™)
"We needed something small, discreet and very quick to install,
with the smallest possible service needs," said Bryan Klepzig,
Enviromaintenance CEO. "In this category, you need quick and
simple, and the EveraTREAT MINI delivers! We look forward to
facilitating several hundred such installations in the Greater
Central Texas Region, from Waco to San Antonio."
In March, Enviromaintenance became an MWS regional partner
(announcement).
"This is a category that Big Water can't even touch. Because we
are nimble and our processes are standardized, we can step right
into the demand," said Daniel Early, PE, chief engineer and general
manager of MWS. "To my knowledge no one is able to field small
systems as well as we can, and the market is definitely agreeing
with us!"
The EveraTREAT MINI is an underground, single-tank Integrated
Film Activated Sludge (IFAS) treatment system, which can show only
access hatches and the control panel at ground level. The IFAS
treatment design is considered both highly effective and extremely
compact, with minimal maintenance requirements.
Customers also have the option to reuse their treated water to
help fight water scarcity and reduce fast-rising water bills. If
they plan to make that water drinkable, they can opt for add-ons to
eliminate contaminants including “forever chemicals” to ensure
high-quality drinking water. These contaminants, including per- and
polyfluoroalkyl substances, or PFAS, have become an increasingly
significant issue, impacting the health and safety of our
communities.
The EveraTREAT MINI is standardized in 2,500 gallon per day
(gpd) increments from 2,500 to 10,000 gpd, and competitively priced
for sites primarily needing to treat domestic or municipal strength
sewage such as housing developments, small commercial sites,
hotels, RV campgrounds, mobile home parks and remote public
institutions such as schools and governmental facilities. The Texas
Commission on Environmental Quality (TCEQ) has helped to accelerate
adoption in Texas by pre-approving EveraTREAT MINI designs up to
5,000 gpd, with MWS staff working on other jurisdictions. For more
information on your locality, please contact Modular Water Systems
at https://www.modularwater.com/contact-us/.
"This series of fully integrated equipment systems solves a lot
of problems that routinely plague the decentralized wastewater
treatment sector," added Early. "Specifying Engineers can now
realize a level of product completeness that has been missing in
the sub 10,000 gallon per day wastewater treatment equipment market
— and by completeness, I'm referring to the EveraTREAT MINI's
ability to deliver a single tank structure that unites a series of
common sub-unit treatment processes all designed to work in unison
to produce exceptional-quality treated water. The EveraTREAT MINI
eliminates the need to purchase and install concrete or fiberglass
tanks that require critical engineering and construction attention
to achieve a proper final field installation."
"I was also intrigued to read about Tesla's UNBOXED
manufacturing method, which brings separate sub-assemblies together
into one finished product, which I have been pursuing myself for
the past 20 years," commented Early. "What the end-user gets is a
single tank delivery that is pre-plumbed and wired, making the
final site installation relatively quick and easy."
Early continued, "Conventional treatment plants combine multiple
Aerobic Treatment Units (ATUs) with a series of pre-cast concrete
tanks. Managing these complicated multi-tank installations is a
headache due to the complexity of the interconnected piping system,
maintaining proper tank elevations, and making all the individual
units work properly. This is all elegantly avoided with our single
tank design.”
Finally, Early stated, "The EveraTREAT MINI system reflects
tremendous value for the owner. As a fully engineered product, it
eliminates expensive custom engineering costs. As a single tank
design, it saves the installation contractor significant time and
money. The use of structural thermoplastics ensures an anticipated
life cycle of 100 years, which is two to four times longer than
conventional concrete and steel tank systems."
"After several years of hard work, extensive product
development, and continued R&D, I'm extremely proud of the
accomplishments achieved by the Modular Water Systems Engineering
and Manufacturing Team. The launch of the EveraTREAT MINI product
line is a major milestone in the evolution of the Modular Water
Systems Division as we begin scaling our manufacturing to meet
customer demand for decentralized wastewater treatment packages,"
concludes Early.
Water industry professionals can get more information about the
EveraTREAT MINI, and sign up for a free one-hour Technical Webinar
with Daniel Early that qualifies for a Professional Development
Hour, by going to https://evt.modularwater.com.
About Water On Demand, Inc.
Once a government monopoly, the business of treating and reusing
sewage water is going private. Local industries and communities are
now treating-in-place, helping to reduce the burden on municipal
systems and save on fast-rising water rates while also responding
to the challenge of climate change. That’s good for business and
good for sustainability. Now, the innovative fintech, Water On
Demand™, is enabling clean water to become an investable asset,
open to main street investors, with the potential for generational
royalties. OriginClear has consolidated under Water On Demand, its
Modular Water Systems, the downsized technology that businesses
need for on-site water treatment and recycling, and Progressive
Water Treatment, a 25-year veteran engineered solutions subsidiary
based in McKinney, Texas, with its Water On Demand business. This
combination adds technology and the ability to execute on larger
and more prestigious installations.
On October 23, 2023, WODI entered into a Business Combination
Agreement (the "BCA") with FRLA. The transaction represents a pro
forma combined equity valuation of approximately $72 million,
assuming no further redemptions of FRLA public shares by FRLA's
public shareholders. The agreed upon acquisition valuation of WODI
is $32 million, based upon a 3.2x multiple of its 2022 revenue.
No Offer or Solicitation
This press release shall not constitute a solicitation of a
proxy, consent, or authorization with respect to any securities or
in respect of the proposed business combination. This press release
shall also not constitute an offer to sell or the solicitation of
an offer to buy any securities, nor shall there be any sale of
securities in any states or jurisdictions in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act of 1933, as amended, or an exemption therefrom.
About OriginClear
OriginClear® is the Clean Water Innovation Hub™, dedicated to
launching new ventures such as Water On Demand™ and Modular Water
Systems™ – a leader in onsite, prefabricated systems made with
sophisticated materials that can last decades. Another OriginClear
subsidiary acquired in 2015, Progressive Water Treatment, helped
achieve a company-wide increase of 250% in revenues from 2021 to
2022, and has now merged with Water On Demand and Modular Water
Systems in a combination known as Water On Demand Inc., intended to
create better enterprise value for a potential merger. Tune in on
OriginClear's Legends of Water monthly broadcast by signing up at
www.originclear.com/ceo.
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Safe Harbor Statement
Matters discussed in this release contain forward-looking
statements. When used in this release, the words “anticipate,”
“believe,” “estimate,” “may,” “intend,” “expect,” “plans” and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein.
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expectations of the Company and are subject to a number of risks
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technology in the marketplace, our ability to demonstrate the
commercial viability of our products and technology and our need to
increase the size of our organization, and if or when the Company
will receive and/or fulfill its obligations under any purchaser
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Media Contact Notably PR Carly Martinetti – 978 996 2078
carly@notablypr.com www.notablypr.com Investor Relations
Financial Profiles - IR Director Contessa Semaan – 310 622 8236
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