BALLERUP, Denmark, Nov. 2, 2023
/PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT),
a clean technology company that manufactures and markets highly
specialized filtration products and systems, today announced it has
entered into an exclusive distribution agreement with
Waterco for the distribution of LiqTech's Aqua
Solution® swimming pool water filtration systems
covering Australia, New Zealand, Papua
New Guinea, and the Pacific Islands. Waterco is a
well-established player in the swimming pool market and has worked
with LiqTech successfully in the past 3 years to bring solutions to
their joint customers. This agreement is aimed in elevate the
collaboration between LiqTech and Water.
Fei Chen, President and CEO at
LiqTech, commented, "Waterco has been a fantastic partner for
LiqTech and we are excited to have an even closer collaboration
through this exclusive distribution agreement covering Australia and surrounding areas. Together, we
expect to reach a broader audience and make a substantial impact in
the global aquatics and water treatment industries in these key
territories."
Andy Gale, Commercial and Water
Treatment Sales Manager of Waterco, said, "We are excited to extend
our exclusive partnership with LiqTech. This collaboration enables
Waterco to offer customers the most advanced and environmentally
friendly filtration solutions available while widening our offering
to the market generally. Our commitment to quality and
sustainability aligns perfectly with LiqTech's vision, making this
an excellent synergy for both companies."
Compared to traditional media 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. LiqTech 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 the size compared of a
conventional media filtration system 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 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.
ABOUT WATERCO
Waterco Limited pioneers reliable solutions for healthy, safe
water environments, which are used in residential, commercial and
industrial applications in over 40 countries. Established in 1981,
it has become a global brand recognized for designing and
manufacturing filtration and sanitization equipment for the
aquatic, aquaculture, and water treatment sections.
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.