Oasys Water Expands to Support Commercialization and Manufacturing of Industry-Pioneering Forward Osmosis Systems

  Oasys Water Expands to Support Commercialization and Manufacturing of
  Industry-Pioneering Forward Osmosis Systems

Water treatment and desalination innovator sets the stage for continued growth
                                   in 2014

Business Wire

BOSTON -- January 15, 2014

Oasys Water, a world leader in innovative solutions for water treatment and
desalination, has announced expansion of its global sales force and facility
space at its corporate headquarters in Boston, Mass. The news follows closely
on the heels of the recent announcement that Oasys closed a pivotal deal in
the water industry, with an agreement to supply the largest forward osmosis
system in the world to oil and gas equipment and service provider National
Oilwell Varco (NOV).

“To keep pace with the increasing demand for our products worldwide and to
accommodate new products on the horizon, we have grown our commercial team and
our research, development and manufacturing facilities," said Jim Matheson,
president and CEO of Oasys Water.“By strengthening the team and capabilities,
we will be well positioned to maintain a leadership role in developing and
deploying technologies to treat the world’s most difficult waters."

Oasys marked several key milestones in 2013 including closing their Series B
financing from strategic investors and announcing partnerships in both the
China water market and in the global oil and gas produced water market. On the
intellectual property front, Oasys continued its rapid pace of engineering
development, filing more than 45 patent applications worldwide on core aspects
of its forward osmosis platform for a total of 184 pending applications.In
addition, Oasys had eight patents issued in 2013, for a total of 22 patents
issued globally. The company also grew its team by more than 50 percent with
new talent added across sales, marketing, engineering, research and
manufacturing.

Oasys has doubled its office space in Boston and expanded its research and
development space allowing the company to increase its already impressive
capabilities to test challenging waters, develop new membrane chemistries and
processes, and test larger scale system configurations. In addition to its
offices in Boston, Oasys also operates a facility in Somerset, Mass., to
demonstrate its pioneering forward osmosis systems, and has commercial
operations in Beijing, China and the southwestern United States.

About Oasys Water, Inc.

Oasys is helping to solve the world’s most pressing challenge: Water. With a
vision to create an abundant supply of fresh water for the entire planet, we
are developing innovative solutions for water treatment and desalination in
industrial markets around the globe. Beginning with the first-in-the-world
Membrane Brine Concentrator technology, Oasys is delivering solutions that
will be instrumental in creating a sustainable and prosperous global
future.Established in 2009, Oasys Water is headquartered in Boston’s
Industrial Innovation District, on the revitalized waters of Boston
Harbor.For more, visit us at www.oasyswater.com.

Contact:

Version 2.0 Communications for Oasys
Meghan Gardner, 617-426-2222
mgardner@v2comms.com
 
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