$OOIL = up 5% on NEWS IHS CERAWeek Selects OriginC
Post# of 12922
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Jan 20, 2016
OTC Disclosure & News Service
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OriginClear Inc. (OTC/QB: OOIL), a leading provider of water treatment solutions, has been named an Energy Innovation Pioneer by IHS, the leading source for insight, analytics and expertise in critical areas that shape today’s business landscape. The company will be featured at CERAWeek, a leading energy industry event held in Houston from February 22 – 26, 2016. OriginClear was selected for its role in transforming the energy future with an innovative technology for industrial water management.
OriginClear Technologies President Jean-Louis “JL” Kindler will be joining eleven other Energy Innovation Pioneers to discuss the impact of new technologies on the future of energy. He will speak at the Water and Energy Innovation Pioneer Expert Briefing on Tuesday, February 23, at 5:30 p.m.
“OriginClear was selected to be an Energy Innovation Pioneer because of their unique approach to technology development and deployment in the industry,” said Carolyn Seto, analyst at IHS Energy. “While it is clear that the water-energy nexus will be a critical issue in the coming decade, producers need to manage costs in this current low oil price environment. OriginClear provides a technology that aims to address both the short term and long term challenges facing the energy industry.”
“OriginClear is building best-in-class water technology solutions and a network of high-quality water service companies to serve the energy industry,” said Mr. Kindler. “We are honored to be recognized as a 2016 Pioneer and look forward to discussing how clean water helps create the future of energy at the February conference.”
IHS energy experts select promising energy technology companies for the CERAWeek Energy Innovation Pioneers based on creativity, feasibility of plan, scalability of technology and leadership team. OriginClear was selected for the innovation of its flagship technology Electro Water Separation (EWS) that cleans produced and frack water at oil and gas operations. OriginClear has deployed its proprietary EWS process at oil & gas operations in Colorado, Texas and California.
The Energy Innovation Pioneers are being recognized at this week's CERAWeek conference, that draws more than 2,000 executives and other thought leaders from the global energy industry to discuss policy, markets and technologies, as well as environmental and climate concerns.
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About OriginClear, Inc.
OriginClear is a leading provider of water treatment solutions and the developer of a breakthrough water cleanup technology serving the rapidly growing $500 billion world market. Through its wholly owned subsidiaries, OriginClear provides systems and services to treat water in a wide range of industries, such as municipal, pharmaceutical, semiconductors, industrial, and oil & gas. To rapidly grow this segment of the business, we strategically acquire profitable and well-managed water treatment companies, which allow us to expand our global market presence and technical expertise. To enable a new era of clean and socially responsible water treatment solutions, we invented Electro Water Separation™, a breakthrough high-speed water cleanup technology using multi-stage electrolysis, that we license worldwide to water treatment equipment manufacturers. Water is our most valuable resource, and the mission of the “Family of OriginClear Companies” is to improve the quality of water and help return it to its original and clear condition. To learn more about OriginClear®, please visit our website at www.originclear.com.
OriginClear Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Abstract:
IHS CERAWeek selects OriginClear as 2016 Energy Innovation Pioneer; OriginClear Technologies President to speak at Pioneer Expert briefing
Key Words:
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160120005579/en/
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The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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