LiqTech International, Inc. Announces Milestone Order for Flat Sheet Membranes
-First Breakthrough Production Order from Middle East-
BALLERUP, Denmark, Jan. 30, 2014 /PRNewswire/ -- LiqTech International, Inc. (NYSE: LIQT) ("LiqTech") is pleased to announce that after extensive and successful testing LiqTech has received a production order for flat sheet silicon carbide membranes from the Middle East.
Finn Helmer, CEO, stated, "This first real production order opens up what we believe will be a significant market opportunity. Tests have shown that the flat sheet silicon carbide membrane is unmatched in the market for cleaning drinking water, waste water and pre-reverse osmosis ("Pre-RO") desalination. Testing is ongoing in 22 additional sites and we expect that our success in recording this particular order will result in significant additional orders from the other test sites.
Further, our initial results in sea water Pre-RO with our new flat sheet membranes has demonstrated a more energy efficient and reliable technology compared to conventional technologies and this is beginning to be accepted by the market. In due course, we will expand our marketing efforts to cover other large applications that can utilize LiqTech's flat sheet silicon carbide membranes."
The initial flat sheet silicon carbide membranes order is for 250 meter2 and is scheduled for delivery in March.
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 ceramic silicon carbide 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.
SOURCE LiqTech International, Inc.
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