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OriginClear Announces Disruptive Pump and Lift Station Pricing

Prefabricated modules with a lifespan of up to 100 years now compete with precast concrete.

LOS ANGELES, CA – Mar. 5, 2020 – OriginClear Inc. (OTCQB: OCLN), a leading provider of water treatment solutions, today announced a major repricing of its Modular Water Systems Pump and Lift Stations. Constructed using Structural Reinforced Thermoplastics (SRTP) with a lifespan of up to 100 years, these systems are now priced to undercut conventional, pre-cast concrete stations, while maintaining profitability. They are available now at www.originclear.com/products/pump-stations.

The Key - Standardization

“The key was standardization,” said Riggs Eckelberry, OriginClear CEO. “Recently we made the breakthrough of eliminating all engineering design charges, after learning from nearly half a million dollars in custom sales. Our goal is to deliver disruptive water industry technology innovations, and with our standardized heavy plastic enclosures, I believe we have done it again.”

“The data shows we have a superior alternative to the precast concrete wetwell, an environmental liability that cannot be recycled and corrodes over time,” said Michael Mann, vice president of sales. “Our clients are doing the math: they save time and money with a pre-engineered, pre-manufactured Thermoplastic Pump Station that lasts up to 100 years and does not need to be replaced every 20-25 years. This is a gamechanger─I believe all we need to do is get the word out.”

In mid-2018, OriginClear launched Modular Water Systems (MWS) around design engineer Daniel M. Early, P.E., licensing the trade secrets and patents for building water treatment and management systems using High-Density Polyethylene (HDPE) materials, built into Structural Reinforced Thermoplastics (SRTP). This material has a design lifespan of 75 to 100 years.

“Times are changing,” said OriginClear’s Dan Early. “Pre-cast is now seen as an environmental undesirable with a short lifespan. Municipalities and industries realize that if they can replace the corroding pump and lift stations with a technology that can last four times longer, takes less than half of the time to install, and is priced at or below precast, then everybody wins…”

“…Especially the generations that come after us,” added Early.

What’s the difference between pump and lift station?

The terms are largely interchangeable, and there are other differences, but a lift station mainly pumps wastewater to a higher elevation. As a result, pump stations are typically installed by municipalities to help transport fresh water, while lift stations can be used by both industry and cities.

Both pump and lift stations are extremely common, numbering in the hundreds of thousands for each metropolitan area. When these stations degrade, water is lost. A World Bank study puts the global estimate of physical water losses at 32 billion cubic meters each year, half of which occurs in developing countries. It goes on to state “If the water losses in developing countries could be halved, the saved water would be enough to supply around 90 million people.”

 

OriginClear Safe Harbor Statement:

Matters discussed in this presentation contain forward-looking statements. 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 except as may be required under applicable law.

 

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