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¿À¸®ÁøŬ¸®¾î(OriginClear Inc.)´Â 1¿ù 10ÀÏ(ÇöÁö½Ã°¢) ¹Ì±¹ µµ¸ÞÀÎÁÖ¿¡ º¸¾ÈÀ» °ü¸®ÇÏ´Â Çöó½ºÆ½ À£µù ¾Ø Æк긮ÄÉÀ̼Ç(Plastic Welding and Fabrication, PWF)°ú ¹ßÇ¥Çß´Ù. [»çÁøÁ¦°ø = ¿À¸®ÁøŬ¸®¾î(OrginClear)]
¿À¸®ÁøŬ¸®¾î(OriginClear Inc.)´Â 1¿ù 10ÀÏ(ÇöÁö½Ã°¢) ¹Ì±¹ µµ¸ÞÀÎÁÖ¿¡ º¸¾ÈÀ» °ü¸®ÇÏ´Â Çöó½ºÆ½ À£µù ¾Ø Æк긮ÄÉÀ̼Ç(Plastic Welding and Fabrication, PWF)°ú ¹ßÇ¥Çß´Ù.
PWF´Â ¸ðµâ·¯ ¿öÅÍ ½Ã½ºÅÛ(Modular Water Systems, MWS)À» »ðÀÔ ±â¹Ý ÀÎŬ·ÎÀú(Enclosure)ÀÇ ÇÙ½É Á¦Á¶»ç´Ù. MWS´Â ÀÚü ¼öó¸® ¹× ¿î¼Û È®ÀåÇü ½Ã½ºÅÛÀ» ¼³°è¡¤°³¹ßÇÏ´Â ¿öÅÍ ¿Â µð¸àµå(Water On Demand, WODI)ÀÇ ±â¼ú ºÎ¼ÀÔ´Ï´Ù. ÀÌ ¸ðµâÀº ¸ðµâÀ» °ÈÇÏ´Â µ¿½Ã¿¡, MWS°¡ Á¢ÇÕü¸¦ Á¦Á¶ÇÏ´Â ÁöÁ¡¿¡ ¿ÏÀüÇÑ ¿ë¼ö ½Ã½ºÅÛÀ» ±¸ÃàÇØ ÃÖ´ëÇÑÀÇ Ä¿³ØÅÍ¿Í ¼Óµµ¸¦ Áö¿øÇÒ ¼ö ÀÖµµ·Ï ÇÕ´Ï´Ù.
ÀÓ´ë WODI°¡ PWF¸¦ ÀμöÇϱâ ÃÖÁ¾ °è¾à °è¾à ÇÁ·¹ÀÓ¿öÅ©¸¦ Á¦°øÇÏ´Â ÀÇÇâ¼(LOI)¿¡ ¼¸íÇÏ¿´À¸¸ç, ¶ÇÇÑ °è¾à º¸È£ ½Ã ¾ç WODIÀÇ ¸ðµâ·¯ ¿öÅÍ ½Ã½ºÅÛÀ» ÃÖÃÊÀÇ ÀÚ»ý »ý»ê ½Ã¼³À» ¼³¸³ÇÒ °ÍÀÔ´Ï´Ù. ¾ç»ç´Â Çù·ÂÀÌ ½ÃÀÛµÇ°í ¼º°øÇÏÁö ¸øÇÑ´Ù´Â °ÍÀÌ ¾î¼¸é °æ°íÇÏ°í ÀÖ½À´Ï´Ù.
´Ù´Ï¿¤ M. ¾ó¸®(Daniel M. Early) ¿À¸®ÁøŬ¸®¾îÀÇ ¼ö¼® ¿£Áö´Ï¾î °â MWSÀÇ È¸ÀåÀº "PWF ¼ÒÀ¯ÁÖÀÌÀÚ CEOÀÎ ¼Ç ½´¸¶ÄÉ(Shaun Shoemake)¿Í ÇÔ²² ÀÏÇÏ°Ô µÅ ±â»Ú´Ù"¸ç "¸ðµâ·¯ ¿öÅÍ ½Ã½ºÅÛÀº Ç¥ÁØÈµÈ ¸ðµâ½Ä Á¦Ç° ¶óÀÎÀ¸·Î ¾öû³ ¼ºÀå ÀáÀç·ÂÀ» °¡Áö°í ÀÖ°í, ÀÌ·¯ÇÑ ÀáÀç·ÂÀ» È°¿ëÇÏ·Á¸é »ý»êÀ» ½Å¼ÓÈ÷ È®ÀåÇÒ ¼ö ÀÖ´Â ´É·ÂÀÌ ÇÊ¿äÇÏ´Ù"°í ¸»Çß´Ù.
À̾î "PWF¿Í Çù¾àÀº ¿ÏÀüÈ÷ ÅëÇÕµÈ Á¦Á¶ °ø±Þ¸Á¿¡ ´ëÇÑ Á¢±ÙÀ» ÅëÇØ »ç¾÷À» ºü¸£°Ô È®ÀåÇÒ ¼ö ÀÖ´Â ´É·ÂÀ» Á¦°øÇÑ´Ù"¸ç "µ¶Á¡ °í¹Ðµµ Æú¸®¿¡Æ¿·»(High Density Polyethylene, HDPE) ÀÎŬ·ÎÀú¿Í ³»Ãæ°Ý¼º ÄÚÆú¸®¸Ó Æú¸®ÇÁ·ÎÇÊ·»(CPP) ¼ÒÀç Á¦Á¶¸¦ À§ÇØ MWS¸¦ ¿ì¼±½ÃÇÏ°í, MWS°¡ °ø±Þ¸Á È¿À²À» ±Ø´ëÈÇϱâ À§ÇØ ÀÚ»çÀÇ ºÎÁö¸¦ »ç¿ëÇØ ÀÌ·¯ÇÑ ÀÎŬ·ÎÀú¿¡ ¿ÏÀüÇÑ ¼öó¸® ½Ã½ºÅÛÀ» ±¸ÃàÇÒ ¼ö ÀÖ¾î ±â»Ú´Ù"°í µ¡ºÙ¿´´Ù.
¸¯½º ¿¡Ä̺£¸®(Riggs Eckelberry) ¿À¸®ÁøŬ¸®¾î ÃÖ°í°æ¿µÀÚ °â WODI ȸÀåÀº "±¹°¡ ¹° ÀÎÇÁ¶ó´Â ¸Å³â ¾à 1õ¾ï ´Þ·¯ ±Ô¸ð·Î µÚÃÄÁö°í ÀÖ´Ù"¸ç "ÇØ°áÃ¥Àº ±â¾÷ÀÌ ¹°À» Á÷Á¢ ó¸®ÇÏ°í ÀçÀÌ¿ëÇÒ ¼ö ÀÖµµ·Ï ÇÔÀ¸·Î½á ºÎÁ·ÇÑ ´ã¼ö¸¦ È°¿ëÇÏ´Â °Í"À̶ó°í ¹àÇû´Ù.
¿¡Ä̺£¸® ÃÖ°í°æ¿µÀÚ´Â "¿öÅÍ ¿Â µð¸àµå(Water On Demand)·Î ÀÚº»ÀÇ °³ÀÔ ¾øÀÌ ¼ºñ½º °è¾à¿¡ °£´ÜÈ÷ ¼¸íÇÒ ¼ö ÀÖ´Ù"¸ç "ÀÚ±ÝÀº ÀÏ¹Ý ÅõÀÚÀڷκÎÅÍ ³ª¿À±â ¶§¹®¿¡ ÃÖÃÊ·Î ¹°À» ÅõÀÚ °¡´ÉÇÑ ÀÚ»êÀ¸·Î ¸¸µé¾ú´Ù"°í °Á¶Çß´Ù.
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OriginClear¡¯s Water On Demand In Strategic Partnership with the Intent to Acquire Manufacturer for its Proprietary Modular Products
Acquisition Would Bring Manufacturing In-House for Modular Water Systems Division
Clearwater, FL and Buda, TX – January 10, 2024 – OriginClear Inc. (OTC Other: OCLN), the Clean Water Innovation Hub¢â, and Buda, Texas-based Plastic Welding and Fabrication, Ltd. (PWF) jointly announced today a Memorandum of Understanding (MOU) for a strategic partnership between OriginClear¡¯s subsidiary, Water On Demand, Inc. (¡°WODI¡±), and PWF.
PWF is already a key fabricator of highly durable, patent-based enclosures for Modular Water Systems (MWS), the technology division of WODI that designs and develops highly scalable systems for self-contained water treatment and transportation. The MOU enhances the strategic relationship and enables MWS to build its complete water systems right where the enclosures are manufactured, for maximum efficiency and speed.
Additionally, the parties signed a Letter of Intent (LOI) which provides a framework for negotiating a definitive agreement for WODI to acquire PWF and, if executed, would establish the first in-house manufacturing facility for WODI¡¯s Modular Water Systems division. The acquisition is expected to be accretive (meaning that it would increase WODI¡¯s earnings per share). The parties caution that talks are in an early stage and may not succeed.
¡°We are excited to continue our work with PWF owner and CEO, Shaun Shoemake and his talented team,¡± said Daniel M. Early, P.E., OriginClear¡¯s chief engineer, and president of MWS. ¡°Modular Water Systems has tremendous growth potential due to its highly standardized, modular line of products. To capitalize on this potential, we need the ability to rapidly scale production. The agreement with PWF is intended to give us the ability to rapidly expand the business through access to a fully integrated manufacturing supply chain.¡±
¡°We believe this strategic partnership will further reinforce our strong working relationship,¡± said Mr. Shoemake. ¡°We are pleased to prioritize Modular Water Systems for the fabrication of its proprietary High-Density Polyethylene (HDPE) enclosures, and the impact-resistant Copolymer Polypropylene (CPP) material, and for MWS to use our premises to build their complete water treatment systems into these enclosures, for maximum supply chain efficiency.¡±
¡°Our national water infrastructure is falling behind by nearly $100 billion per year,¡± said Riggs Eckelberry, OriginClear CEO and Chairman of WODI. ¡°The solution is to let businesses treat and even recycle their own water, making better use of scarce fresh water. And with Water On Demand, they can simply sign a service contract, with little to no capital required. The funding comes from everyday investors, making water an investable asset for the first time.¡±
In October of 2023, WODI and Fortune Rise Acquisition Corporation (FRLA) announced a Business Combination to create a Nasdaq-listed Company. The planned acquisition of PWF is not conditioned on the consummation of this Business Combination.
FRLA is a blank check company incorporated in February 2021 as a Delaware corporation formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
FRLA is a ¡°shell company¡± as defined under the Exchange Act of 1934 as amended, because it has no operations and nominal assets consisting almost entirely of cash. FRLA will not generate any operating revenues until after the completion of its initial business combination, at the earliest. To date, FRLA¡¯s efforts have been limited to organizational activities and activities related to its initial public offering as well as the search for a prospective business combination target.
About Plastic Welding & Fabrication Ltd.
Plastic Welding & Fabrication, Ltd. (PWF) specializes in custom fabrications of thermoplastic products, particularly freestanding tanks for hot dip galvanizers, metal platers, and aluminum anodizers. PWF is renowned in the plastic fabrication industry for their strict adherence to the welding standards and procedures set by the D.V.S. (German Welding Society). In addition, PWF collaborates with industry leaders to provide a wide range of products including rotational molded polyethylene storage tanks, fiberglass tanks, automated flow solutions, and electrical heating systems. PWF also offers design-to-install turnkey process systems.
To learn more about PWF¡¯s extensive capabilities in industrial-strength products and plastic welding services, please call (512) 295-6412 or visit their website at https://www.plasticweldingandfabrication.com
About OriginClear
ÀÏ´Ü Á¤ºÎ°¡ µ¶Á¡Çß´Ù¸é ±ú²ýÇÑ ¹°Àº »çÀ¯ÈµÉ °ÍÀÔ´Ï´Ù. Áö¿ª »ê¾÷°ú Áö¿ª»çȸ´Â ÀÌÁ¦ ÀÚü ¹°À» ó¸®ÇÏ°í ÀçÈ°¿ëÇÏ¿© Áö¹æÀÚÄ¡´ÜüÀÇ ºÎ´ãÀ» ÁÙÀÌ°í ºü¸£°Ô »ó½ÂÇÏ´Â ¹° ¿ä±ÝÀ» Àý¾àÇÏ´Â µ¿½Ã¿¡ ±âÈÄ º¯È ¹®Á¦¿¡ ´ëÀÀÇÏ°í ÀÖ½À´Ï´Ù. ÀÌ´Â ºñÁî´Ï½º¿¡µµ ÁÁ°í Áö¼Ó °¡´É¼º¿¡µµ ÁÁ½À´Ï´Ù. ÀÌÁ¦ Çõ½ÅÀûÀÎ ÇÉÅ×Å©ÀÎ Water On Demand¢â°¡ ÀÌ·¯ÇÑ ¿òÁ÷ÀÓÀ» ÃËÁøÇÏ°í ÀÖ½À´Ï´Ù. óÀ½À¸·Î Clean Water´Â ÅõÀÚ °¡´ÉÇÑ ÀÚ»êÀÌ µÇ¾î Main Street ÅõÀÚÀڵ鿡°Ô °ø°³µÇ¾úÀ¸¸ç ¼¼´ë ·Î¿Æ¼¸¦ ¹ÞÀ» °¡´É¼ºÀÌ ÀÖ½À´Ï´Ù.
[Ãâó = ¿À¸®ÁøŬ¸®¾î(OriginClear) ( https://www.originclear.com/company-news/originclears-water-on-demand-in-strategic-partnership-with-the-intent-to-acquire-manufacturer-for -its-proprietary-modular-products ) / 2024³â 1¿ù 10ÀÏ]