LOS ANGELES--(BUSINESS WIRE)--OriginOil Inc. (OTC/QB: OOIL), developer of Electro Water Separation™ (EWS), the high-speed, primarily chemical-free process to clean up large quantities of water, announced today the launch of its OriginClear™ product line for all waste water treatment, including oil and gas water cleanup. The new product line will incorporate and fully replace the company’s earlier CLEAN-FRAC™ and PRIME product line, while also extending into waste water treatment.
Under the OriginClear brand name, OriginOil will offer OriginClear Petro for oil & gas systems, and OriginClear Waste for systems to treat industrial, agricultural and urban waste water. EWS, the company’s core technology, will continue to be available for licensing.
“We expect that system manufacturers will continue to private-label our technology,” said ‘JL’ Kindler, OriginOil Chief Commercial Officer. “Meanwhile, end-users and resellers who want an immediate and complete solution should consider OriginClear-branded products for either Petro or Waste applications.”
“While frack water gets the headlines, there’s even more produced water gushing out of oil wells the world over – often as much as ten barrels of water for every barrel of oil,” said Bill Charneski, President of OriginOil’s Petro Division. “OriginClear is our new umbrella brand that shows our customers we can clean water for wastewater cleanup, including produced and frack flowback water in oil & gas.”
“Our entry into the Waste sector required a comprehensive brand name, and this works very well,” said Riggs Eckelberry, OriginOil CEO. “It says exactly what we do, which is to remove the oils and suspended solids in water and make it virtually clear!”
The algae harvesting product line will continue to operate with the newly-released Smart Algae Harvester brand name.
On 25 February, OriginOil announced that it had entered the commercial phase for its Petro, Algae and Waste applications.
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About OriginOil, Inc.
OriginOil has developed a breakthrough water cleanup technology for the oil & gas, algae and other water-intensive industries. Unlike other technologies, the company's patent-pending Electro Water Separation™ process rapidly and efficiently removes organic material from large quantities of water without the need for chemicals. For the oil & gas industry, OriginOil is helping clean up produced water and recycle fracking water, to reduce harm to the environment and lower costs. For the emerging algae industry, OriginOil is making large-scale harvest possible. And in aquaculture, OriginOil is helping improve yields and making seafood healthier by dramatically reducing the levels of toxic ammonia and bacteria in water. For a world short on clean water, OriginOil is the lower-cost and cleaner answer. To learn more about OriginOil®, please visit our website at www.originoil.com.
OriginOil 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.
Abstract:
OriginOil launches OriginClear Product line for petro and waste water cleanup; new product line to incorporate and replace earlier CLEAN-FRAC branding for oil and gas water cleanup
Key Words:
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