OriginClear’s 2018 Revenue Increased, While Operating Losses Narrowed

Q1 purchase orders reached more than $2 million.

Los Angeles, CA – April 30, 2019 – OriginClear Inc. (OTC: OCLN), a leading provider of water treatment solutions, reported today that in its 10-K Annual Report filing, 2018 Revenue increased by 38% to $4,637,698 over 2017, and gross profit increased by 78% to $1,153,680, while margins improved by 6% overall. Operating Losses narrowed by $1,231,703 to $(4,062,351), a 23% improvement over 2017.

In an indication of future revenues, OriginClear’s operating divisions received $2,312,968 in firm Purchase Orders in the Quarter ended March 31. For the first time, the new Modular Water Systems division contributed significantly to the total.

The Company believes it has the ability to fulfill these purchase orders. While the Purchase Orders are firm, or money has been received for the order, the Company cautions that a Purchase Order may take several months to be fully recognized as Revenue, which the company estimates will reach $800,000 for the quarter ending March 31.

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 release, 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, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. 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: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

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