LOS ANGELES, June 12, 2018 /PRNewswire/ -- OriginClear Inc. (OTC/QB: OCLN), a leading provider of water
treatment solutions, recently entered into a licensing agreement with Water Technologies International, Inc. (OTC: WTII), of
Port St. Lucie, FL, which commercializes the innovative SIMPOD portable waste water treatment plant,
and has developed a line of atmospheric water generators.
Jean-Louis "JL" Kindler, President of OriginClear's Technology Division said, "This agreement will give OriginClear a
strategic presence in the Southeast. We also plan to connect Water Technology with our academic partner, Florida Atlantic University (FAU), for scientific testing and
further innovation."
The licensing agreement gives Water Technologies access to OriginClear's patented electrochemical treatment process,
Electro Water Separation with Advanced
Oxidation™ (EWS:AOx™), and support to enter the oil and gas and other markets. Water Technologies also acquired an EWS
demonstration and research unit.
OriginClear also purchased approximately 9% of Water Technologies common stock, and lent additional funds, helping Water
Technologies finalize its acquisition of West Palm Beach-based WaterZone, which has specialized, for over 30 years, in complete system design,
installations and maintenance for commercial, industrial and residential customers through Florida.
The Technical Assistance Program fee, another part of OriginClear's licensing agreement, was paid to OCLN in WTII preferred
shares. The license also calls for standard royalty payments to OriginClear.
"We intend to integrate OriginClear's technology for clarifying very dirty, very oily water for oil and gas produced water and
landfill runoff water," said William Scott Tudor, CEO of Water Technologies International, Inc.
"We were also very grateful for OriginClear's timely support in completing our strategic acquisition of WaterZone."
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About OriginClear, Inc.
OriginClear is a leading provider of water treatment solutions and the developer of a breakthrough water cleanup
technology serving the rapidly growing $500 billion world market. Through its wholly owned
subsidiaries, OriginClear provides systems and services to treat water in a wide range of industries, such as municipal,
pharmaceutical, semiconductors, industrial, and oil & gas. To rapidly grow this segment of the business, we strategically
acquire profitable and well-managed water treatment companies, which allow us to expand our global market presence and technical
expertise. To enable a new era of clean and socially responsible water treatment solutions, we invented Electro Water
Separation™, a breakthrough high-speed water cleanup technology using multi-stage electrolysis, that we license worldwide to
water treatment equipment manufacturers. Water is our most valuable resource, and the mission of the "Family of OriginClear
Companies" is to improve the quality of water and help return it to its original and clear condition. To learn more about
OriginClear®, please visit our website at www.originclear.com.
OriginClear has not committed to hold its shares of Water Technologies common stock for any period of time other than as
required by applicable securities laws.
OriginClear Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect"
and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ
materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These
forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and
uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need
to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the
commercial viability of our products and technology and our need to increase the size of our organization. Further information on
the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange
Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Press Contact:
Katy Poniatowski
Antenna Group
415-977-1922
OriginClear@antennagroup.com
Investor Relations OriginClear:
Tom Becker
Toll-free: 877-999-OOIL (6645) Ext. 3
International: +1-323-939-6645 Ext. 3
Fax: 323-315-2301
ir@OriginClear.com
www.OriginClear.com
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SOURCE OriginClear, Inc.