Press releases
Modern Water Wins AIM Sustainability Award
16 October 2009Modern Water plc (LSE: MWG), the owner of leading water technologies, has been named the winner of the Achievement in Sustainability award at the 2009 AIM Awards. The company was recognised by the voting panel for its efforts in economic, environmental and social sustainability. It is the second successive year that Modern Water has been nominated at the event, which is organised by the London Stock Exchange.
Modern Water was established to help address the global problems of fresh water availability and the treatment and disposal of wastewater through the investment and deployment of leading technologies. Leadership and innovation were two of the attributes sought by the AIM Awards' voting panel.
Commenting on the award, Modern Water Executive Chairman Neil McDougall said: "We are delighted to have won this prestigious award, a prize that fully recognises the values at the heart of Modern Water. Environmental responsibility and sustainable behaviour have, and always will be, at the core of our business. On behalf of the Board of Directors, I would like to thank all of the Modern Water team for their hard work that continues to be recognised with awards such as this one."
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| For further information: | |
| Modern Water plc | |
| Neil McDougall, Executive Chairman | 01483 696 011 |
| www.modernwater.co.uk | |
| HeadLand Consultancy | 020 7367 5228 |
| Dudley White or Tom Gough | |
| KBC Peel Hunt Ltd | 020 7418 8900 |
| Jonathan Marren or Oliver Stratton |
About Modern Water
Modern Water plc is an advanced water technology company, headquartered in the UK and listed on the AIM market of the London Stock Exchange. Modern Water owns and is developing a portfolio of water technologies that help to address the global problems of fresh water availability and the treatment and disposal of wastewater.
One of Modern Water's core assets is a desalination technology that uses a patented Manipulated Osmosis (MO) process to achieve high cost and energy savings compared with existing plants. This, and other portfolio products, are being progressed towards full commercialisation, and Modern Water's experienced management team is focused on bringing these leading edge technologies to the market.
Modern Water is targeting water-stressed regions such as the Middle East, Australasia, the Mediterranean and the Caribbean. A proving plant for Modern Water's MO desalination technology was installed in Gibraltar in 2008, and a second plant in Oman has just been commissioned.
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