Energy Recovery Awarded $10.3 Million to Supply Pressure Exchanger Devices in Asia and the Middle East
The Company expects to ship and recognize revenue in the second half of 2015 and first half of 2016.
Mr.
About
Energy Recovery (NASDAQ:ERII) develops award-winning solutions to
improve productivity, profitability, and energy efficiency within the
oil & gas, chemical, and water industries. Our products simplify complex
systems and protect vulnerable equipment. By recycling fluid pressure
that would otherwise be lost in critical processes, we save clients more
than $1.4 billion (USD) annually. Headquartered in the
Forward-Looking Statements
This press release contains forward-looking statements that reflect
management's current expectations, assumptions and estimates of future
performance and economic conditions. Such statements are made in
reliance upon the safe harbor provisions of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. The company cautions investors that any forward-looking statements
are subject to risks and uncertainties that may cause actual results and
future trends to differ materially from those matters expressed in or
implied by such forward-looking statements. Statements about our
expectations as to shipment timing are forward-looking and involve risks
and uncertainties.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150622005637/en/
Media:
adolan@energyrecovery.com
or
Investor:
aprior@equityny.com
Source: