Newsroom

Oasys Water Named 2014 Water Technology Company of the Year

Company’s Innovative Forward Osmosis Technology Recognized for its Significant Contributions to the Field of Water Technology

Boston – April 8, 2014 Oasys Water, a world leader in innovative solutions for water treatment and desalination,announced today that the company was named the 2014 Water Technology Company of the Year by Global Water Intelligence, the leading publisher and provider of water industry news and information. This award recognizes significant contributions to the field of water technology, underscoring Oasys’ unique, powerful and innovative forward osmosis technology.

Oasys Water’s technology is used to treat challenging industrial wastewater, such as waste from power plants and produced water from exploration and production activities. With Oasys’ forward osmosis technology, these waters are transformed into fresh water for reuse at a significant cost and energy savings to alternative methods.

The Water Technology Company of the Year award was presented last night during the2014 Global Water Awards ceremony in Paris. Each year, the coveted Global Water Awards are presented at the Global Water Summit, the major business conference for the water industry worldwide. The Awards acknowledge the most important achievements in the international water industry within several categories.

The award comes on the same night that Oasys was named a Bloomberg New Energy Finance Pioneer, an award recognizing a company’s ability to change the global energy landscape in the field of clean energy technology and innovation. These honors underscore a period of great momentum throughout 2013 and into 2014 where Oasys Water has filed 45 patents, expanded their team and space, announced two key partnerships and secured a round of Series B funding.

“The Oasys Team is honored and overjoyed that the global water community has selected us as the Water Technology Company of the Year as this validates our commitment to developing transformational technology to provide sustainable solutions to the global water shortage,” said Jim Matheson, CEO of Oasys Water. “This recognition and validation will further ignite our passion for developing and deploying technologies to transform the world’s most difficult waters into valuable resources that also provide massive environmental benefits and monetary savings.”

To learn more about the awards, visit globalwaterawards.com.