MONTREAL, Oct. 27, 2015 /CNW Telbec/ - Ovivo Inc. ("Ovivo") is pleased to announce the creation of a Technology Advisory Committee (the "Committee"), composed of three independent internationally renowned water industry experts. Their mandate will mainly be focused on advising and supporting senior management and the Board of Directors on Ovivo's technology strategy, its deployment and its future investments as part of the growth plan. The committee will bring new ideas and external opinions on emerging technologies and trends that could benefit Ovivo and its clients.
The members of Committee are all experts in their own field and they represent Ovivo's major markets:
Glen Daigger is currently Professor of Engineering Practice at the University of Michigan and President and Founder of One Water Solutions, LLC, a water engineering and innovation firm. He previously served as Senior Vice President and Chief Technology Officer for CH2M HILL where he was employed for 35 years, as well as Professor and Chair of Environmental Systems Engineering at Clemson University. He is the author or co-author of more than 100 technical papers, four books, and several technical manuals.
John DeGenova has over 30 years of experience in the semiconductor industry. He is the president of DeGenova Engineering Group, providing consulting services in ultrapure water and wastewater treatment, airborne molecular contamination, and troubleshooting of semiconductor processing yield issues. Previously, he was employed by Texas Instruments Inc. as a Distinguished Member of the Technical Staff. He has numerous publications in the area of water and wastewater recycling.
Tom Pankratz is an independent consultant and the editor of GWI's weekly Water Desalination Report. He has over 35 years of experience in the water industry and has served as an expert advisor in some of the world's largest and most technically advanced desalination projects. He is a former vice president of CH2M Hill, and was the director of corporate projects for USFilter/Veolia Water.
"We are very pleased to welcome these highly reputable experts to our newly formed Technology Advisory Committee" says Marc Barbeau, President and Chief Executive Officer. "Their highly specialized technological expertise and vast business experience in the water treatment sector will clearly be valuable for our future development" added Mr. Barbeau.
Ovivo Inc. is a global company dedicated to water and wastewater treatment. It offers comprehensive technological solutions, as well as services and equipment tailored to specific client needs. Ovivo operates in over 15 countries with more than 800 employees. Ovivo is a public company whose shares trade on the Toronto Stock Exchange under the ticker symbols OVI.A and OVI.B. www.ovivowater.com
Notice regarding forward-looking statements
Certain statements in this press release and other public communications regarding management's objectives, projections, estimates, expectations or forecasts may constitute forward-looking statements within the meaning of applicable securities legislation. Forward-looking statements are recognized by the use of terms such as "forecast," "project," "could," "plan," "aim," "estimate" and other similar terms, possibly used in the future or conditional, particularly with regard to certain assumptions. The management of Ovivo would like to point out that forward looking statements involve a number of uncertainties and known and unknown risks such that the actual and future results of Ovivo could differ considerably from those stated. There can be no assurance as to the materialization of the results, performance or achievements as expressed in or underlying the forward-looking statements. The forward-looking statements included in this press release were made as of the date hereof, and unless required to do so pursuant to applicable securities legislation, management of Ovivo assumes no obligation to update them.
Information about the risk factors to which Ovivo Inc. is exposed is provided under sections entitled "Risks and Uncertainties" in the management's discussion and analysis for the fiscal year ended March 31, 2015, available on SEDAR (www.sedar.com) and Ovivo's website (www.ovivowater.com).
SOURCE Ovivo Inc.
For further information: Marc Barbeau, President and Chief Executive Officer, Tel: + 1 514 284-4238; Pierre-Marc Sarrazin, Director, Corporate Finance and Treasury, Tel.: 514 284-7208, [email protected]