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RNS Number : 9129C
Deepverge PLC
24 June 2021
24 June 2021
DeepVerge plc
("DeepVerge" or the "Company")
Microtox(R) PD claims world first live data alerts of SARS-Cov-2
in wastewater treatment plants
Modern Water enters Service Agreement with EPS Group for
European Microtox (R) PD [i] installations
DeepVerge (LSE:DVRG.L), today announces the successful
completion of Phase 3 field trials in which Microtox(R) PD achieved
real-time detection and transmission of data, specific to
SARS-CoV-2, in wastewater treatment plants at multiple sites [ii] .
As a result, its Environmental Health Division ("Modern Water") has
entered into a master service agreement with EPS Group to install,
calibrate, service and maintain Microtox (R) PD units which,
subject to negotiation with undisclosed parties, have the potential
to be installed in multiple European countries.
Gerard Brandon, DeepVerge plc CEO commented:
"The successful completion of the Phase 3 field trials clearly
demonstrates the capability and value of Microtox(R) PD to identify
dangerous pathogens, including SARS-CoV-2, in real-time. By
establishing a permanent anonymised mass surveillance of
wastewater, DeepVerge claims a world first real-time defence
against this global pandemic. The installation of Microtox(R) PD
wastewater units will enable live data to simultaneously identify
the source of COVID-19 cases as well as identify COVID-19 clusters
with the ability to indicate the size of each cluster. As the data
grows, the central AI system has the potential to predict the
trajectory of growth of future clusters of SARS-CoV-2 or any future
dangerous pathogen .
"Having achieved this major milestone, we are delighted to enter
this agreement with EPS Group who complete the final step of
installing, retrofitting and maintaining our Microtox(R) PD
equipment. With this level of established technical engineering
support and distribution, DeepVerge can now offer an end-to-end
solution for public and private clients across the European
wastewater sector. We expect updates from our Joint Venture
agreement with China Resources and roll-out in the US to follow
early in Q3. "
Patrick Buckley, EPS Group Managing Director commented:
"We are very pleased to be part of this innovative partnership
with DeepVerge to help combat the pandemic with their unique
Microtox(R) PD technology playing a crucial role in the early
detection of COVID-19 hotspots around the world. With 550
personnel, our largest footprint in the water, wastewater pumping
and treatment services sector across Europe, EPS Group engineers
are ready to make this happen".
Background to field trials:
On the 24 September 2020, the Company announced [iii] completion
of the integration of an Affimer/Aptamer-based real-time SARS-CoV-2
detector and alert system into Modern Water's Microtox water
contamination system, now called Microtox(R) PD , for the detection
of the coronavirus in wastewater. Microtox(R) PD successfully
completed initial spike protein testing and validation of
SARS-CoV-2 in filtered wastewater and transitioned to the
University of Aberdeen for full beta testing of the system using
real SARS-CoV-2 virus samples in its containment level 3
laboratory, prior to initiation of the field trials, referred to
above.
Contacts
+44 (0) 7340 055
DeepVerge plc Gerard Brandon, CEO 648
SPARK Advisory Partners
Limited Neil Baldwin/Andrew +44 (0) 113 370
(Nominated Adviser) Emmott 8974
Turner Pope Investments Andy Thacker/James +44 (0) 20 3657
(TPI) Limited (Broker) Pope 0050
About DeepVerge plc (www.deepverge.com)
DeepVerge is an environmental and life science group of
companies that develops and applies AI and IoT technology to
analytical instruments for the analysis and identification of
bacteria, virus and toxins. Utilising artificial intelligent data
analytics to scientifically prove the impact of skincare product
claims on skin microbiome for most of the top 20 global cosmetic
company clients and remotely detect and identify in real-time,
dangerous pathogens in wastewater treatment plants, drinking water,
rivers, lakes and reservoirs.
About EPS Group (www.epswater.ie)
EPS Group is one of largest, privately owned
Design-Build-Operate European partners for the delivery, operation
and concession management of water and wastewater assets. A wet
infrastructure specialist, employing approximately 550 people with
revenues in excess of GBP100m. With a 52 year pedigree, EPS has
grown from a modest electrical and pumping services business into
an innovative, internationally exporting product and service
provider, focused on water, wastewater and clean technology.
EPS Group work across the utility; industrial; commercial;
residential and agricultural sectors with customers as varied as
water and power companies; those in the dairy, meat processing,
bakery, brewing and distilling industries; pharmaceuticals,
biotechnology, microelectronic, data centre and defence spaces to
commercial including building services, leisure, office/retail
outlets and SMEs to residential and agricultural clients.
[i] Microtox (R) PD has been designed to be retrofitted into
existing Modern Water equipment to detect and identify a range of
infectious viruses and bacteria including SARS-CoV-2, E.coli,
Legionella and Cryptosporidium, on a single chip, using AI, in
real-time.
[ii] First deployments of Microtox(R) PD Microtox(R) PD
https://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?iframe=true&article=31443290&company=Deepverge&iframe=true
[iii] COVID-19 wastewater Microtox ready for beta testing
https://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?iframe=true&article=31216869&company=Deepverge&iframe=true
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