OriginClear (OCLN) CEO: Water-Independent Businesses Get Improved Property Assets, Better Water Quality and Rate Relief

October 23, 2019 10:50:23
  • OCLN pioneers “instant-infrastructure” products enabling businesses to increase efficiency and asset value
  • On-premise, point-of-use water systems enable higher purification and can reduce water costs through reuse
  • Self-reliant water management can lead to better Environmental and Social Governance (ESG) ratings

OriginClear (OTC: OCLN), the pioneer in self-reliant water infrastructure, provides innovative water-treatment systems that not only assist companies in increasing their operating efficiency and asset value but also help those companies meet new Environmental and Social Governance (ESG) governance standards. OCLN president and CEO Riggs Eckelberry discussed the company’s involvement in these key areas during an interview on MoneyTV with Donald Baillargeon (http://nnw.fm/H8oac).

“We have this new concept of decentralized water wealth,” Eckelberry stated in the interview. “What does that mean? We know that infrastructure is falling apart, that’s well documented… But what’s happening then is that all the water, wastewater, and water management is falling back on the users. So increasingly corporations, factories, farmers, commercial buildings and so forth have to do their own self-reliant water treatment.

“It’s… an interesting shift of assets,” he continued. “The minute you create these decentralized situations, you’re increasing the asset value of the businesses and their operating efficiency. For example, they recycle better, they have better quality water, and so forth.”

As companies adopt these new water-treatment solutions, they are also meeting new ESG standards, which are fast becoming an invaluable distinction in the investing world. “ESG is a set of investing guidelines being adopted by more and more large funds, family offices, and so forth all over the world,” Eckelberry explained. “Trillions are being invested in companies that are ESG-portfolio companies.”

The opportunity for companies to facilitate their own water treatment, recycle water, and reduce their carbon footprint is a win in all areas, noted Eckelberry. “Now you’re an ESG-portfolio company, and it actually increases your value.”

OCLN is proud of the part it plays in this virtuous process, said Eckelberry, a process that is bringing the company more than just environmental accolades. As OriginClear has carved its niche in the flourishing industry, the company is seeing exciting growth opportunities as it markets water treatment to the end user.

“We’ve taken the central thing and blown it out to the edge, and now that’s created thousands of opportunities where there was one,” explained Eckelberry about the concept of decentralizing water treatment. “And guess what? That one central thing everybody is jumping all over. All the big water companies… let them have it. It’s a dying business. Go to the edge where the new action is, and that’s us.”

MoneyTV is an internationally syndicated television program that features informative interviews with company CEOs and executives, providing insights into their operations and outlooks for their futures. The show is seen in over 200 million TV households in more than 75 countries.

OriginClear leads the self-reliant water revolution, deploying advanced technologies at the point of use with modular, prefabricated systems that create durable assets and water independence for industry, commerce and agriculture. Failing water infrastructure is increasingly forcing businesses to treat their own water, and OriginClear leads this megatrend with on-premise systems enabling high purification and recycling levels that centralized systems cannot achieve.

For more information, visit the company’s website at www.OriginClear.com

NOTE TO INVESTORS: The latest news and updates relating to OCLN are available in the company’s newsroom at http://nnw.fm/OCLN

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Matters discussed in this release 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 by applicable law.

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