Clearwater Systems Announces Key Management Appointments

Anupam Bhargava joins as Chief Executive Officer

Mar 24, 2011, 14:47 ET from Clearwater Systems Corp.

ESSEX, Conn., March 24, 2011 /PRNewswire/ -- Connecticut-based Clearwater Systems Corp., an established leader in environmentally responsible water treatment technology, today announced that Anupam Bhargava has joined the company as its new Chief Executive Officer.

Clearwater Chairman, Joseph L. Hyde, stated "We are delighted with the appointment of Anupam to the post of CEO.  Anupam's skills and experience are perfectly matched to accelerate the adoption of Clearwater's unique, proven technology into diverse, global markets for water treatment.  With Anupam's blend of strategy, business development and operations leadership, we are confident that Clearwater will grow rapidly."

Mr. Bhargava brings to Clearwater the skills and experience of a clean technology professional with a twenty-year track record of commercializing technology into large markets.  Previously, Mr. Bhargava was General Manager at the Pratt & Whitney Global Service Partners unit of United Technologies Corporation, where he successfully launched new service businesses from start-up to market leader with operations worldwide.  Mr. Bhargava earned a B.S. in mechanical engineering from Syracuse University and an M.B.A. from the Yale School of Management.

Clearwater's founder and former CEO, John E. Dresty, assumes the newly created role of President and Chief Technology Officer.  In this new role, Mr. Dresty will focus his efforts on expanding the commercial applications of the Company's core technology.  Mr. Dresty's success in launching Dolphin WaterCare™, Clearwater's cooling water treatment business, serves as a springboard for expanding Clearwater into compelling new markets, including pre-treatment for membrane filtration.

"Leading Clearwater is a tremendous opportunity," said Mr. Bhargava.  "Clearwater's commitment to environmentally responsible technology has been recognized by A-list customers.  I look forward to working with John, a true innovator, and the strong team at Clearwater to bring Dolphin technology to new commercial and geographic markets."

About Clearwater Systems Corporation

Clearwater Systems Corp. has developed and provided environmentally responsible water treatment solutions for more than a decade. The company's state-of-the-art, proprietary technology, marketed globally as Dolphin WaterCare™, is installed in 4,400 customer facilities around the world. The company is focused on the design, development, manufacturing, and marketing of advanced water treatment technology that supports resource efficiency--primarily water and energy savings--while contributing to pollution prevention and the reduction of greenhouse gas emissions.

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SOURCE Clearwater Systems Corp.