Water Intelligence PLC Partnership with IME
20 October 2016 - 5:00PM
RNS Non-Regulatory
TIDMWATR
Water Intelligence PLC
20 October 2016
Water Intelligence plc
("Water Intelligence")
Partnership with University of Chicago Institute for Molecular
Engineering
The Board of Water Intelligence, a leading provider of
non-invasive leak detection and remediation solutions, is pleased
to announce a partnership as an industrial affiliate of the
Institute for Molecular Engineering at the University of Chicago
(IME). Water Intelligence and IME plan to collaborate on the
commercialization of technology for potable and non-potable water
applications.
Dr. Patrick DeSouza, Executive Chairman of Water Intelligence
plc commented:
"We are delighted to collaborate with IME and admire its global
reach. We look forward to commercializing IME technologies to
provide non-invasive solutions to problems of water loss from
leakage and problems emerging from the increase in "gray" water
because of our decaying infrastructure. Customers for our American
Leak Detection (potable water) and NRW Utilities (non-potable
water) brands will welcome IME's innovation."
Dr. Matthew Tirrell, Dean and Founding Pritzker Director of the
Institute for Molecular Engineering commented:
"The opportunity to cooperate with Water Intelligence plc gives
the Institute for Molecular Engineering a great avenue to bring
laboratory developments into the realm of applied water
technologies. We look forward to this partnership bringing value
both to our students and to society."
Information on IME
The Institute for Molecular Engineering, established in 2011 by
the University of Chicago in partnership with Argonne National
Laboratory, is a transformational academic unit exploring the
intersection of science and engineering. IME has a core focus on
water resources and has a partnership with Ben-Gurion University in
Israel to promote global water solutions. IME is a founding partner
of CURRENT, a part of World Business Chicago, which serves as a
platform for the Chicago region's water industry to leverage its
strengths for greater economic impact.
Information on Water Intelligence plc
Water Intelligence plc is a company is listed on the London
Stock Exchange. It has two wholly-owned subsidiaries that provide
minimally invasive water and infrastructure solutions using
infrared and acoustic technologies for the residential, commercial
and municipal markets. WI's core American Leak Detection business
operates in 42 states of the US with 6 locations in Australia and 3
locations in Canada. WI's NRW Utilities business operates largely
in the UK and provides asset survey and sewer and wastewater
solutions to municipalities. Its experienced team has deployed
municipal solutions in various parts of the world and works in
collaboration with American Leak Detection.
Enquiries:
Water Intelligence plc Patrick DeSouza (Executive Chairman) Tel: +1 203 654 5426
finnCap Ltd Adrian Hargrave / Giles Rolls, corporate finance
Stephen Norcross, corporate broking Tel: +44 (0) 207 220 0500
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAGGGMGUUPQGMB
(END) Dow Jones Newswires
October 20, 2016 02:00 ET (06:00 GMT)
Water Intelligence (LSE:WATR)
Historical Stock Chart
From Apr 2024 to May 2024
Water Intelligence (LSE:WATR)
Historical Stock Chart
From May 2023 to May 2024