BALLERUP, Denmark, July 31, 2014 /PRNewswire/ -- LiqTech International, Inc. (NYSE MKT: LIQT) ("LiqTech") is pleased to announce that the Company received a $350,000 Silicon Carbide (SiC) membrane system order from a Danish customer to be delivered this year. The system will be installed at a Danish fish farm to filter sea water for its recirculated aquaculture system.
The Danish fish farm will apply LiqTech's SiC based membrane system to create a bio-secure facility and to prevent disease to spread from the sea water to the closed aquaculture system. LiqTech's system together with Provital's UV system will provide water quality ideal for the aquaculture plant.
Mr. Sune Mathiasen, CEO, remarked, "This order is an example of the value that our technology adds to water treatment systems. Our SiC membranes are capable of improving the water quality and at the same time offer water and energy savings compared to conventional technologies. In other words, our technology adds value by ensuring the right water quality and thereby the right conditions for aquaculture systems and this at reduced operational costs. This is the first large application of LiqTech's SiC membranes combined with Provital's system integration expertise in what is expected to potentially be a very large market in aquaculture."
Mr. Mathiesen concluded, "We are very quickly seeing the benefits of LiqTech's acquisition of Provital Solutions A/S and we anticipate many additional meaningful opportunities as we aggressively expand our sales and marketing activities."
ABOUT LIQTECH INTERNATIONAL, INC.
LiqTech International, Inc., a Nevada corporation, is a clean technology company that for more than a decade has developed and provided state-of-the-art technologies for gas and liquid purification using ceramic silicon carbide filters, particularly highly specialized filters for the control of soot exhaust particles from diesel engines and for liquid filtration. Using nanotechnology, LiqTech develops products using proprietary silicon carbide technology. LiqTech's products are based on unique silicon carbide membranes which facilitate new applications and improve existing technologies. For more information, please visit www.liqtech.com.
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ABOUT PROVITAL SOLUTIONS A/S
Provital Solutions A/S is a Danish company headquartered in Hobro, Denmark. Provital has developed the "Provital Filtration System," a new standard of water filtration technology to meet the increasing demand for higher water quality. The employees of Provital are highly experienced within the field of water filtration. Provital's filtration systems are designed for local public swimming pools or large water parks and achieve a higher standard for water treatment technology by incorporating advanced LiqTech silicon carbide liquid filtration membranes that offer significantly higher flux as compared to other filter types. The Provital System focuses on the reduction of water use in back washing and reduced energy consumption, chlorine use, and maintenance expense. For more information, please visit www.provital.dk/
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 our 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.
Contact:
Wolfe Axelrod Weinberger Associates LLC.
Stephen D. Axelrod, CFA/Donald C. Weinberger
steve@wolfeaxelrod.com, don@wolfeaxelrod.com
(212) 370-4500, (212) 370-4505
SOURCE LiqTech International, Inc.
