BEIJING, Oct. 12 /PRNewswire-Asia-FirstCall/ -- Duoyuan
Global Water Inc. (NYSE: DGW) ("Duoyuan" or the "Company"), a
leading China-based domestic water
treatment equipment supplier, today announced that the Company has
recently signed an agreement with EnviroMix, LLC ("EnviroMix"), a
Charleston, South Carolina based
technology development firm. The agreement gives the Company
exclusive rights to sell EnviroMix's core mixing technology in
China.
EnviroMix has developed an energy-efficient large-bubble mixing
system for the water and wastewater industry, which intermittently
fires short bursts of compressed air through engineered nozzles
attached to the bottom of a tank. The technology requires as
much as 60 percent less energy to mix liquids to industry
standards, allowing operators to replace existing mechanical mixer
costs effectively.
The agreement incorporates a licensing agreement that provides
the Company with exclusive rights to sell the EnviroMix core mixing
technology in China to a
population of 1.3 billion. The companies have also executed a
software development agreement that is designed to provide
wastewater treatment plants with the ability to reduce blower power
demand, under certain conditions, by as much as 30 percent.
Mr. Wenhua Guo, the Company's
Chairman and Chief Executive Officer, stated, "We are pleased to
gain exclusive access to the sophisticated EnviroMix technology,
which we believe brings considerable energy efficiency to the
wastewater industry in China.
We are excited to offer our existing client base the option
to utilize this technology and we feel strongly that its
application will benefit current and future clients. We also
look forward to deepening our relationship with EnviroMix, an
innovator in the global water industry, in the future."
About Duoyuan Global Water Inc.
Duoyuan Global Water Inc. is a leading China-based domestic water treatment equipment
supplier. Duoyuan's product offerings address key steps in
the water treatment process, such as filtration, water softening,
water-sediment separation, aeration, disinfection and reverse
osmosis. Duoyuan offers a comprehensive set of complementary
products across three product categories: water conservation,
including circulating water treatment; water purification; and
water reuse treatment, including wastewater treatment. The Company
has an extensive local distribution network, which provides
proximity to end-user customers and responsiveness to local market
demand. Learn more at www.duoyuan-hq.com.
For more information, please
contact:
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ICR, LLC
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In the U.S.:
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Ashley M. Ammon
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Tel: +1-646-277-1227
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In China:
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Wen Lei Zheng
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Tel: +86-10-6599-7968
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SOURCE Duoyuan Global Water Inc.
Copyright . 12 PR Newswire