Press Releases
Energy Recovery's STEM for Millennials Program Wraps Up Fall 2014, Students to Present Their Final Projects
SAN LEANDRO, Calif., Dec. 15, 2014 (GLOBE NEWSWIRE) -- At the culmination of Energy Recovery's first STEM for Millennials program with Castlemont High School, students from four 9th grade science classes will present their final projects on Thursday, December 18 at Castlemont. In partnership with the Sustainable Urban Design Academy (SUDA), a team of Energy Recovery engineers mentored students ...... read more
Energy Recovery Secures Contract With ConocoPhillips
SAN LEANDRO, Calif., Dec. 9, 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 the Company has secured the first sale of its IsoBoost™ system for midstream gas processing to ConocoPhillips. Specifically designed to increase the runtime and reliability while lowering ...... read more
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