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PRESS RELEASES
Date Title/Description
2008-10-02 ERI to Provide Energy Savings for Mining Project in Australia

140,000 m3/day (37MGD) Desalination Project for Mining Application Contracted to use PX(R) Technology SAN LEANDRO, Calif., Oct. 2 /PRNewswire-FirstCall/ -- Energy Recovery, Inc. ("ERI") (Nasdaq: ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that it will supply energy recovery devices for a seawater reverse osmosis (SWRO) desalination project in Australia. IDE Technologies awarded ERI the energy recovery contract for the 140,000 cubic meters per day (m3/day) (37 million gallons per day (MGD)) facility. The new desalination project adds process and drinking water for a large mine operation in Australia. IDE ...

2008-09-24 More Affordable Water for Algeria with ERI PX Technology

Algeria Adds 200,000 m3/day of Increased Seawater Desalination Capacity SAN LEANDRO, Calif.--(BUSINESS WIRE)--Sept. 24, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that it had won another large-scale energy recovery contract for seawater reverse osmosis (SWRO) desalination in Algeria. The Mostaganem SWRO Desalination Plant, located approximately 38 miles east of Oran in the western seaside region of the country, will have a total capacity of 200,000 cubic meters per day (m3/day) (52.8 million US gallons per day), enough to supply...

2008-09-16 Shuwaikh 36 MGD Desalination Plant Awarded to Doosan

Tampa, FL, September 16, 2008 – The Ministry of Electricity and Water (MEW) of Kuwait awarded Doosan Heavy Industries & Construction the 136,000 m3/day (36 million US gallons per day (MGD)) Shuwaikh Seawater RO Desalination Plant with Recarbonation system. Doosan Heavy Industries & Construction is executing the project on an EPC basis while Doosan Hydro Technology, the wholly owned US based subsidiary, will partially provide basic process design engineering, as well as detail engineering review services. Energy Recovery, Inc. (“ERI”) (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for...

2008-09-09 ERI Hires Membrane Pressure Vessel Expert as its New Product Director

Former Bekaert/PROTEC and Codeline Executive, Doug Eisberg Joins ERI to Direct PX Technology Application Development SAN LEANDRO, Calif., Sep 09, 2008 (BUSINESS WIRE) -- Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that the company recruited seasoned water treatment applications veteran and membrane housing expert Douglas Eisberg to be the company's Product Director. As Product Director, Doug's responsibilities include identifying new applications for PX technology, promoting PX technology for brackish water desalination appli...

2008-09-03 Spanish Joint Venture to Save Energy for 60,000 m3/day (15.9 MGD) Desalination Project

Andalucia, Spain Seawater Desalination Plant Utilizes Award Winning PX(R) Technology SAN LEANDRO, Calif.--(BUSINESS WIRE)--Sept. 3, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announces that the Spanish joint venture of FCC / AQUALIA / BEFESA group of companies awarded the contract for energy recovery equipment for its Bajo Almanzora seawater desalination project to ERI. The plant will supply 60,000 m3/day (15.9 MGD) of fresh water to the region. The design, build and operate seawater desalination project was awarded to the partnership of FCC/AQUALIA an...

2008-08-12 Energy Recovery, Inc. Reports Second Quarter 2008 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Aug. 12, 2008--Energy Recovery, Inc. (Nasdaq:ERII), a global leading provider of ultra efficient energy recovery products and technology for seawater desalination, announced today the results of its second quarter ended June 30, 2008. In the second quarter of 2008, ERI achieved net revenue of $12.0 million, an increase of 247% compared to revenue of $3.5 million reported for the same period a year ago. Year to date for 2008 net revenue was $21.1 million, which represented an increase of 99% over net revenue of $10.6 million for the six months ended June 30, 2007. ERI reported net income of $1.8 million, or $0.04 per diluted share, for the t...

2008-08-05 United Arab Emirates Desalination Energy Recovery Contract Awarded to ERI

91,000 m3/day (24 million gallons per day) Hamriyah Seawater Desalination Plant in Sharjah Selects PX Technology SAN LEANDRO, Calif.--(BUSINESS WIRE)--Aug. 5, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that it has been awarded a contract to provide the energy recovery technology for the Hamriyah (Phase 1) Power Station Seawater Reverse Osmosis (SWRO) Desalination Plant. Aqua Engineering GmbH and ERI have signed a supply agreement for PX(R) energy recovery devices for the 91,000 cubic meters per day (m3/day) (24 million gallons per day (MGD)) plant t...

2008-07-30 ERI's PX Technology Contracted for the Largest Membrane Desalination Plant in China

100,000 m3/Day (26.4 Million Gallons Per Day) Seawater Desalination Plant in Tianjin to Use Energy Recovery Solution SAN LEANDRO, Calif.--(BUSINESS WIRE)--July 30, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that its PX Pressure Exchanger energy recovery device solution will be installed in one of China's largest seawater desalination plants to date. Hyflux Ltd. (HYFL.SI) and ERI entered into a first time agreement for the Tianjin project which will provide 100,000 cubic meters per day (m3/day) of potable water to the region. The Tianjin Dagang Newspr...

2008-07-17 Energy Recovery, Inc. Announces Reporting Date for Second Quarter 2008 Financial Results and Investor Conference Call

SAN LEANDRO, Calif.--(BUSINESS WIRE)--July 17, 2008--Energy Recovery, Inc. (Nasdaq:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for seawater desalination, announced today that it will release its second quarter results for fiscal 2008 on Tuesday, August 12, 2008, after the market close. The Company will host a conference call for investors on Tuesday, August 12, 2008 at 1:30 p.m. PT. The conference call will be in a "listen-only" mode for all participants other than the sell-side and buy-side investment professionals who regularly follow the Company. The toll-free phone number for the call is 800-951-9235 and the access code is 565...

2008-07-15 World's Largest Desalination Plant To Use ERI's PX(R) Technology

100 Million m3/year Membrane Desalination Plant in Mediterranean Reducing Energy Costs SAN LEANDRO, Calif., Jul 15, 2008 (BUSINESS WIRE) -- Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for sea water desalination, announced that the company's PX Pressure Exchanger(R) (PX(R)) technology has been selected by IDE Technologies to be the energy recovery device (ERD) solution for the Hadera Sea Water Reverse Osmosis (SWRO) Desalination Plant. The project is currently under construction and is scheduled for completion in 2009. The Hadera plant, located between Tel Aviv and Haifa in Israel, is being designed an...

 

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