APTwater acquire control of Sepro Membranes

LONG BEACH, Calif., Oct. 3, 2013 /CNW/ - APTwater Rochem®, located in Long 
Beach, California, announces the acquisition of Sepro Membranes in Oceanside, 
California.  With this transaction, APTwater Rochem® have acquired the 
remaining shareholding of their longtime partner, Sojitz Corporation of Tokyo, 
Japan. Sepro specializes in the development and manufacture of high 
performance UF, MF and NF membranes and modules serving the water, food 
processing, mining, dairy and automotive industries. Terms of the agreement 
were not disclosed. 
John Kaestle, APTwater CEO, stated, "We are very pleased to close this 
transaction with our longtime partner Sojitz. Sepro Membranes are core to our 
strategy going forward and we are excited about the prospects for growing the 
business. Additive to strong technology and manufacturing capabilities, we are 
acquiring a capable and committed staff and we expect to invest in capital 
expansions over the next two years to expand Sepro's capabilities and new 
products." 
Masayuki Hashimoto, General Manager Sojitz commented, "We have enjoyed a great 
working relationship with APTwater Rochem and are happy to change our style of 
working relationship. We look forward to continuing to work closely with 
APTwater Rochem®." 
Michael Froud, Chief Growth Officer for APTwater added, "Sepro is core to our 
membrane led Growth Strategy and we have high expectations for investing in 
and growing the business with existing customers and partners. In addition, 
Sepro's development in the area of 'functionalized membranes' is opening very 
promising new markets for our systems, modules and membranes to solve unique 
and challenging problems in the area of 'difficult to treat' waters and 
process fluids." 
Steven Jackson, Chief Financial Officer for APTwater acknowledged the 
flexibility and speed of response from our financing partners, Hercules 
Technology Growth Capital, who were instrumental in helping us close the 
transaction, stating, "It is always important to have partners like Hercules 
who take the time to understand the business strategy and what is required to 
support an organization's growth both in the short term and long term." 
About: APTwater Rochem® focus on difficult to treat waters for landfill 
leachate, Marine, Mining, Nuclear and Oil & Gas markets. Headquartered in Long 
Beach, California, with facilities in Germany, Italy and Singapore, APT is 
backed by Venture Capital partners, including Kleiner Perkins Caufield & 
Byers, XPV, Waste Management's Venture arm and Seacor Holdings. 
For more information please refer to www.aptwater.com. 
Sepro Membranes is now a wholly owned subsidiary of APTwater. Previously, 
Sepro was a joint venture company with ownership shared by APTwater and 
Sojitz. Sepro specializes in high performance UF, MF and NF membranes serving 
the water, food processing, mining, dairy and automotive industries. 
Sojitz Corporation is a multi-billion dollar trading company in Tokyo, Japan. 
Hercules Technology Growth Capital, Inc. (NYSE: HTGC) ("Hercules") is the 
leading specialty finance company focused on providing senior secured loans to 
venture capital-backed companies in technology-related markets, including 
technology, biotechnology, life science and energy and renewables technology 
industries, at all stages of development. Since inception (December 2003), 
Hercules has committed more than $3.9 billion to over 250 companies and is the 
lender of choice for entrepreneurs and venture capital firms seeking growth 
capital financing. 
Hercules' common stock trades on the New York Stock Exchange (NYSE) under the 
ticker symbol "HTGC." 
In addition, Hercules has two outstanding bond issuances of 7.00% Senior Notes 
due 2019--the April 2019 Notes and September 2019 Notes--which trade on the 
NYSE under the symbols "HTGZ" and "HTGY," respectively. 
Companies interested in learning more about financing opportunities with 
Hercules Technology Growth Capital should contact info@htgc.com, or call 
650.289.3060. 
For more information about APTwater, please call 562-661-4999 or email 
info@aptwater.com.
 

SOURCE  APTwater Rochem 
http://www.aptwater.com 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/October2013/03/c7050.html 
CO: APTwater Rochem
ST: California
NI: FIN ENV UTI MNA  
-0- Oct/03/2013 17:39 GMT