LiqTech International A/S and Provital Solutions A/S Sign Cooperation Agreement
BALLERUP, Denmark, Sept. 14, 2012 /PRNewswire/ -- LiqTech International, Inc. (OTCQX: LIQT) ("LiqTech") announced today that the Company has entered into a cooperation agreement with Provital Solution A/S.
LiqTech International A/S is a leading manufacturer and developer of revolutionary SiC ceramic membranes for liquid filtration, and Provital Solutions A/S is a manufacturer and developer of advanced water filtration solutions for pool and spa water on the Scandinavia and Australian market.
The cooperation agreement is a step into a strong cooperation between the two companies whose goal is to jointly penetrate the global market for pool and spa water filtration.
As a direct result of the agreement, LiqTech was awarded the contract to supply more than 150 ceramic membranes for five large pool water treatment installations.
LiqTech's CEO, Lasse Andreassen, states, "This agreement and supply contract is a major breakthrough for our technology in the pool and spa market. The ceramic membranes have a huge potential in many other applications and we expect to penetrate several other markets with our unique and competitive technology in the coming years."
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. It also manufactures kiln furniture. 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.
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.
DC Consulting, LLC
SOURCE LiqTech International, Inc.