Press releases
Modern Water appoints Technical Director
14 January 2008Modern Water plc ("Modern Water" or "the Group") today announces the appointment of Peter Nicoll as Technical Director, responsible for the delivery of technology in the Group’s projects.
Peter joins from Fichtner Consulting Engineers Ltd where he was Director of Business Development, responsible for heading up the business development and sales functions. He has a wealth of experience leading and motivating multi-disciplined technical and commercial teams; the design and operation of large desalination plants; and business development and sales of capital equipment and professional services throughout the world.
Peter will be responsible for the delivery of imminent projects, as Modern Water focuses on the implementation and roll out of its portfolio of water related technologies.
Neil McDougall, Executive Chairman of Modern Water, said:
“Peter’s appointment is a huge coup for Modern Water. We are delighted to benefit from his experience delivering success for major players in both the desalination and renewable energy sectors. He joins at a very exciting time for the Group and will be instrumental in the delivery of technology, as we drive the achievement of our strategic and operational objectives forward."
ENDS
For further information, please contact:
| Modern Water plc | |
| Neil McDougall | 07740 930 303 |
| HeadLand Consultancy | |
| Dudley White | 020 7367 5226 |
| Tom Gough | 020 7367 5228 |
| KBC Peel Hunt, Nominated Adviser and Broker | |
| Jonathan Marren or Oliver Stratton | 020 7418 8900 |
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| www.modernwater.co.uk |
Notes to editors
- Modern Water listed on the London Stock Exchange AIM market in June 2007 having raised £30m.
- The Group was established to build and exploit a portfolio of water technologies to address problems of the availability of freshwater and the treatment and disposal of wastewater.
- The Group is initially concentrating on two distinct approaches to the water market being: (i) desalination; and (ii) the substitution of fresh water with sea water or recycled water for certain non-potable uses.
- The Group's strategy is to acquire key stakes in appropriate technologies within these areas and to date has made investments in Surrey Aquatechnology Limited and Poseidon Water Limited. The Group also has an investment in Cymtox Limited.
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