Press Releases
Energy Recovery Announces Launch of VorTeq for Hydraulic Fracturing Industry
SAN LEANDRO, Calif., Dec. 8, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in pressure energy technology for industrial fluid flows, today announced the release of the VorTeq™ hydraulic pumping system, the first product engineered to increase runtime and reduce maintenance costs by rerouting abrasive frac fluid away from existing hydraulic fracturing pumps. The ...... read more
Energy Recovery Enters Hydraulic Fracturing With Industry-Changing Pump Protection System
SAN LEANDRO, Calif., Dec. 8, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in pressure energy technology for industrial fluid flows, today announced its entry into the hydraulic fracturing (fracking) market through today's launch of a revolutionary new product at an investor and analyst event in New York City. The largest operational challenge facing the fracking ...... read more
Shipment of Energy Recovery's PX Q300s Head for World's Largest Oil Refinery in India
SAN LEANDRO, Calif., Dec. 2, 2014 (GLOBE NEWSWIRE) -- Energy Recovery, Inc. (Nasdaq:ERII), the leader in recycling fluid pressure in the oil and gas, chemical and water industries, announced today that Energy Recovery's PX Q300 Pressure Exchanger devices have been shipped to the city of Jamnagar, India to be included in a large desalination expansion. This is one of many seawater reverse ...... read more
Energy Recovery Changes Investor and Analyst Day to Monday, December 8 in New York City
SAN LEANDRO, Calif., Nov. 12, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in capturing reusable energy from industrial fluid flows and pressure cycles, has announced a new date and location for its Investor and Analyst Day, now being held on Monday, December 8, 9:30am-2:30pm, at the Mandarin Oriental Hotel in New York City. The event will unveil a new, disruptive ...... read more
Energy Recovery Reports Unaudited Financial Results for the Third Quarter Of 2014
THIRD QUARTER SUMMARY: Total revenue increased 10% to $5.3 million in the third quarter of 2014, from $4.9 million in the third quarter of 2013 Gross profit margin was 44% in the current period, compared to 60% in the third quarter of 2013, as a result of a product mix shift and lower production levels Operating expenses increased $1.0 million, or 15%, from $6.8 million in the third quarter of ...... read more
Energy Recovery Reschedules Earnings Release and Conference Call for the Third Quarter of 2014
SAN LEANDRO, Calif., Nov. 3, 2014 (GLOBE NEWSWIRE) -- Energy Recovery, Inc. (Nasdaq:ERII) ("Energy Recovery" or the "Company"), a global leader in harnessing reusable energy from industrial fluid flows and pressure cycles, announced today the rescheduling of the release of its financial results for the third quarter ended September 30, 2014, to Monday, November 10, 2014, after the market ...... read more
Energy Recovery Wins Fourth Global Energy Award in 2014
SAN LEANDRO, Calif., Oct. 31, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in pressure energy technology, announced today that the Company won a fourth award for its energy efficient technologies designed to meet the demanding needs of today's oil and gas industry. After three years of investing in world class talent and R&D aimed at new applications within the ...... read more
Photo Release -- Energy Recovery Wins Oil & Gas Award for New Technology Development of the Year Category in Dallas, Texas
SAN LEANDRO, Calif., Oct. 28, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in pressure energy technology, announced today that the Company won the 2014 Southwest Oil & Gas Awards for New Technology Development of the Year on October 23, 2014. The annual gala ceremony was held at the Westin Park Central in Dallas, TX, where hundreds of oil and gas executives gathered ...... read more
Energy Recovery Chosen as Finalist for 2014 Oil & Gas Awards for New Technology Development of the Year Category in Three U.S. Regions
SAN LEANDRO, Calif., Oct. 20, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in pressure energy technology, announced today that the Company has been selected as a finalist in three regions for the Oil & Gas Awards for demonstrating its innovative work across engineering and technology for its IsoBoost™ and IsoGen™ Systems. The 2014 Oil & Gas Awards is an industry ...... read more
Energy Recovery Appoints Proven Oil & Gas Executive as New Chief Sales Officer
SAN LEANDRO, Calif., Oct. 15, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in capturing reusable energy from industrial fluid flows and pressure cycles, today announced the appointment of oil and gas industry executive David Barnes as its new Chief Sales Officer. Mr. Barnes will head the company's global sales organization for all industrial markets, including oil & ...... read more