LIQTECH RECEIVES $260,000 ORDER FOR A WATER TREATMENT
SYSTEM FOR FLUE GAS CONDENSATE
BALLERUP, DENMARK – December 19, 2016 – LiqTech International, Inc. (NYSE MKT: LIQT) (“LiqTech”) is pleased to announce that the Company has received a $260,000 order for the Company´s water treatment systems for flue gas condensate. The order was received from Tjæreborg Industri A/S, a Danish company who specializes in the development and manufacturing of equipment for power plants. The system will be installed at Hobro Varmeværk, Denmark.
Mr. Sune Mathiesen, LiqTech CEO, remarked, “Water treatment for power plants is an industry in great development. Tightening legislation and increasing water prizes is encouraging plant owners to invest in water treatment systems to clean water before discharge or even clean the water for reuse.”
“This order is for a Danish company specializing in complete solutions for power plants. The system will clean the water for reuse for the benefit of the customer and the environment.”
“In the past we have sold membranes for this industry and following the acquisition of our water treatment systems company we have developed a range of standardized products for this application. Our technology has proven to be very well suited for use in this challenging environment and we are very pleased to note our progress in the sales of our systems for the treatment of flue gas condensate. We are gaining still more interest and acceptance from this industry and we believe that we will see further orders for this product in the near future.” Mr. Mathiesen concluded.
About LiqTech International
LiqTech International, Inc., a Nevada corporation, is a clean technology company that for more than a decade has developed and provided state-of-the-art technologies for gas and liquid purification using ceramic silicon carbide filters, particularly highly specialized filters for the control of soot exhaust particles from diesel engines and for liquid filtration. Using nanotechnology, LiqTech develops products using proprietary silicon carbide technology. LiqTech's products are based on unique silicon carbide membranes, which facilitate new applications and improve existing technologies. In particular, LiqTech Systems A/S (www.provital.dk), the Company's subsidiary, has developed a new standard of water filtration technology to meet the ever increasing demand for higher water quality. By incorporating LiqTech's SiC liquid membrane technology with its longstanding systems design experience and capabilities it offers solutions to the most difficult water pollution problem.
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This press release contains “forward-looking statements.” Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in the our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward- looking statements in order to reflect any event or circumstance that may arise after the date of this release.
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