BALLERUP, Denmark, June 8, 2023
/PRNewswire/ -- LiqTech International, Inc. (NASDAQ:
LIQT), a clean technology company that manufactures and markets
highly specialized filtration products and systems, today announced
the receipt of an order for six commercial swimming pool water
filtration systems in New Zealand,
the receipt of an order for three commercial swimming pool water
filtration systems in Portugal, as
well as the receipt of an order of one commercial swimming pool
water filtration system in UK with combined contract values
totaling $0.7 million. These projects
will deploy a complete filtration system solution leveraging
LiqTech's enhanced Aqua Solution® membranes based on our
proprietary silicon carbide (SiC) membrane technology. These
orders were received through LiqTech's recently enhanced
distribution relationships for the swimming pool systems in these
geographic regions.
Fei Chen, CEO of LiqTech,
commented, "We are very pleased to see the continuous sales success
of our proprietary and differentiated swimming pool water
filtration systems. Compared to traditional sand filtration systems
that are widely used in commercial swimming pools, LiqTech's pool
system solution has demonstrated a convincing value proposition
according to our customers. Our pool system ensures excellent and
safe water quality and contributes to a significant reduction in
carbon footprint with up to an 80% reduction in water spending, 60%
lower energy consumption, and 30% lower chlorine dosing. At the
same time, the system size is only one third of a conventional sand
filter and is therefore perfect for retrofitting without extensive
changes to building constructions being necessary."
The Aqua Solution® is a LiqTech ceramic filter solution for
liquids with suspended solids. LiqTech's Aqua Solution® integrates
a dead-end structural design with cutting-edge membrane technology
that is specifically designed for water pre-treatment in reverse
osmosis applications, wastewater treatment, and swimming pool and
spa water filtration. The dead-end design yields more
cost-efficient filtration performance compared to other filtration
options. As a comparison, for the same treated water flow,
traditional sand filters require 400 times more space and have pore
sizes three times larger than LiqTech's SiC membranes. Moreover,
LiqTech's Aqua Solution® reduces the number of membrane elements,
pressure vessels, water consumption for backwash, and energy costs
by providing high flow rates at very low pressure.
"These three new orders illustrate and validate our enhanced
commercial strategy, implemented in late 2022, which focuses on
recurring business solutions. We are pleased with the traction we
are achieving and look forward to further traction in the remainder
of 2023," Chen concluded.
ABOUT LIQTECH INTERNATIONAL, INC.
LiqTech International, Inc., a Nevada corporation, is a clean technology
company that provides state-of-the-art ceramic silicon carbide
filtration technologies for gas and liquid purification. LiqTech's
silicon carbide membranes are designed to be used in the most
challenging purification applications, and its silicon carbide
filters are used to control diesel exhaust soot emissions. Using
nanotechnology, LiqTech develops products using its proprietary
silicon carbide technology, resulting in a wide range of component
membranes, membrane systems, and filters for both microfiltration
and ultrafiltration applications. By incorporating LiqTech's SiC
liquid membrane technology with the Company´s extensive systems
design experience and capabilities, LiqTech offers unique, turnkey
solutions for the most difficult water purification
applications.
For more information, please visit: www.liqtech.com
Follow LiqTech on Linkedln:
http://www.linkedin.com/company/liqtech-international
Follow LiqTech on Twitter: https://twitter.com/LiqTech
Forward-Looking Statements
This press release
contains "forward-looking statements." Although the forward-looking
statements in this release reflect the good faith judgment of
management, forward-looking statements are inherently subject to
known and unknown risks and uncertainties that may cause actual
results to be materially different from those discussed in these
forward-looking statements. Readers are urged to carefully review
and consider the various disclosures made by us in the reports
filed with the Securities and Exchange Commission, including the
risk factors that attempt to advise interested parties of the risks
that may affect our business, financial condition, results of
operation, and cash flows. If one or more of these risks or
uncertainties materialize, or if the underlying assumptions prove
incorrect, our actual results may vary materially from those
expected or projected. Readers are urged not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this release. We assume no obligation to update any
forward-looking statements in order to reflect any event or
circumstance that may arise after the date of this release.
Company
Contact:
|
Investor
Contact:
|
Simon Stadil, Chief
Financial Officer
|
Robert Blum
|
LiqTech
International
|
Lytham Partners,
LLC
|
Phone: +45 3140
9128
|
Phone: (602)
889-9700
|
sst@liqtech.com
|
liqt@lythampartners.com
|
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SOURCE LiqTech International, Inc.