Desalination Plant Using ERI Technology to Supply 350,000 People in Venezuela SAN LEANDRO, Calif.--(BUSINESS WIRE)--Mar. 31, 2009-- Energy Recovery, Inc. (“ERI”) (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, was awarded the 75,000 m3/day (20 million US Gallons (MGD)) energy recovery technology contract from Acciona Agua for the Paraguaná seawater reverse osmosis (SWRO) desalination plant in Venezuela. The project is currently under construction and is scheduled for completion in early 2010. The plant is located in the Paraguaná peninsula in the Falcón regio...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Mar. 24, 2009-- Energy Recovery, Inc. (“ERI”) (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announces its appointment of Deno G. Bokas as the company’s Chief Accounting Officer. He reports to the company’s Chief Financial Officer. In this role, he will be responsible for overseeing the Company’s SEC reporting requirements and Sarbanes Oxley compliance in addition to his responsibility for tax strategy and other matters as Vice President of Finance and Chief Accounting Officer. Prior...

ERI's PX Technology Helping to Provide Energy Efficiency to Quick Water Demands SAN LEANDRO, Calif.--(BUSINESS WIRE)--Mar. 10, 2009-- Energy Recovery, Inc. (“ERI”) (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination is helping to alleviate water shortage emergencies around the world by enabling energy-efficient mobile desalination plants with PX Pressure Exchanger (PX®) energy recovery technology. As water supplies from rivers, aquifers and lakes dwindle to critical levels, water scarcity is a serious concern. In areas where drought effects have been intensifying,...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Mar. 3, 2009-- Energy Recovery, Inc. (Nasdaq:ERII), a global leading provider of ultra efficient energy recovery products and technology for seawater desalination, announced today the unaudited results of its fourth quarter and fiscal year ended December 31, 2008. In the fourth quarter of 2008, ERI achieved net revenue of $22.0 million, a 59% increase over the same period last year and at the top of the Company’s guidance range of $20 million to $22 million. For the twelve months ended December 31, 2008, net revenue was $52.1 million, which represented an increase of 47% over net re...

Jackalyne Pfannenstiel, Former California Energy Commission Chairman, Appointed to ERI Board of Directors SAN LEANDRO, Calif.--(BUSINESS WIRE)--Feb. 26, 2009-- Energy Recovery, Inc. (“ERI”) (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination announces the newest addition to its board of directors, Jackalyne Pfannenstiel, former Chairman of the California Energy Commission. Jackalyne Pfannenstiel was appointed by Governor Arnold Schwarzenegger to a five-year term as Commissioner and Chairman of the California Energy Commission. The Energy Commission is a ful...

Dr. M. Elisabeth Pate-Cornell Joins Energy Recovery, Inc Board of Directors SAN LEANDRO, Calif.--(BUSINESS WIRE)--Feb. 25, 2009-- Energy Recovery, Inc. (“ERI”) (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination announces that Stanford University Professor, Dr. M. Elisabeth Pate-Cornell, has been appointed to the ERI Board of Directors to fill a current vacancy. Dr. Pate-Cornell is currently a Professor and Chair of Stanford University’s Department of Management Science and Engineering. She is considered a world leader in engineering risk analysis and management, ...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Feb. 12, 2009-- Energy Recovery, Inc. (Nasdaq:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for seawater desalination, announced today that it will release its fourth quarter results for fiscal 2008 on Tuesday, March 3, 2009, after the market close. The Company will host a conference call for investors on Tuesday, March 3, 2009 at 1:30 p.m. PT. The conference call will be in a "listen-only" mode for all participants other than the sell-side and buy-side investment professionals who regularly follow the Company. The toll-free phone number...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Feb. 12, 2009-- Energy Recovery, Inc. (“ERI”) (Nasdaq:ERII), a global leader of ultra-high efficiency energy recovery products and technology for seawater desalination, announced today that during the first quarter G. G. Pique, president and CEO, will speak at the following investment conferences: February 19 - 4th Annual Piper Jaffray CleanTech Conference in New York March 17 - Jefferies CleanTech Conference in New York Note that presentation dates are tentative and subject to change after the release of this announcement. Also, please not...

New 120,000 m3/day (31.7 million US gallons per day) SWRO Plant in Algeria SAN LEANDRO, Calif.--(BUSINESS WIRE)--Dec. 11, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announces another large-scale energy recovery contract for seawater reverse osmosis (SWRO) desalination in Algeria. The Fouka SWRO Desalination project is designed to produce 120,000 cubic meters per day (m3/day, 31.7 million US gallons per day (MGD)). It is scheduled to begin operation in early 2010. The Fouka SWRO Desalination Plant will be located in Tipasa...

Large Scale Seawater Desalination Project to Produce 200,000 Cubic Meters Per Day (52.8 Million US Gallons) of Fresh Water SAN LEANDRO, Calif.--(BUSINESS WIRE)--Dec. 9, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announces the award of another large-scale energy recovery contract for seawater reverse osmosis (SWRO) desalination in Algeria. The Souk Tleta SWRO Desalination Plant, located in Tlemcen in Northwestern Algeria, will have a total capacity of 200,000 cubic meters per day (m3/day) (52.8 million US gallons per day (MGD))...

ERI PX(R) Technology Wins Technical Innovation of the Year Award SAN LEANDRO, Calif.--(BUSINESS WIRE)--Dec. 3, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announces its PX Pressure Exchanger(R) (PX(R)) energy recovery technology was awarded the pump industry's top honors for innovation of the year. The 2008 Pump Industry Awards were designed to honor those companies and individuals who achieve the highest standards and best practices in areas of manufacture and supply, including innovation, energy savings, ...

Carolyn Bostick Joins Leading Energy Recovery Device Manufacturer in San Francisco Bay AreaSAN LEANDRO, Calif., Dec 01, 2008 (BUSINESS WIRE) -- Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination hires a general counsel to head its legal affairs. In her new role, Stanford Law graduate Carolyn Bostick, will join the management team of one of Northern California's fastest growing cleantech companies. A legal professional with years of global experience, Carolyn Bostick will take charge of the Company's legal activities including intellectual proper...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Nov. 11, 2008--Energy Recovery, Inc. (Nasdaq:ERII), a global leading provider of ultra efficient energy recovery products and technology for seawater desalination, announced today the results of its third quarter ended September 30, 2008. In the third quarter of 2008, ERI achieved net revenue of $9.0 million, exceeding the Company's guidance of $6.8 million to $7.2 million. Year to date 2008 net revenue was $30.1 million, which represented an increase of 40% over net revenue of $21.6 million for the nine months ended September 30, 2007. ERI reported net income of $623 thousand, or $0.01 per diluted share, for the three months ended Septembe...

PX Technology Replaces Legacy Pelton Wheels, Reducing Energy Consumption by 16% SAN LEANDRO, Calif.--(BUSINESS WIRE)--Nov. 3, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that it was awarded the energy recovery contract for the expansion of the Tordera seawater reverse osmosis (SWRO) desalination plant near Barcelona. The production capacity of the plant will double to 55,000 m3/d (14.5 MGD) of fresh water. The Tordera plant expansion will be constructed by a consortium consisting of Spanish companies, ACCIONA AGUA, AQUALIA and FCC. ...

SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. ("ERI") (Nasdaq:ERII), a global leader of ultra-high efficiency energy recovery products and technology for seawater desalination, announced today that G. G. Pique, president and CEO, will speak at the Jefferies 6th Global Clean Technology Conference in London. The event will be broadcast live on the Internet via the Energy Recovery, Inc. website at http://ir.energyrecovery.com/ phoenix.zhtml?c=221013&p=irol-presentations (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) on Wednesday, October 22, 2008 at 3:45 BST (1...

SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for seawater desalination, announced today that it will release its third quarter results for fiscal 2008 on Tuesday, November 11, 2008, after the market close. The Company will host a conference call for investors on Tuesday, November 11, 2008 at 1:30 p.m. PT. The conference call will be in a "listen-only" mode for all participants other than the sell-side and buy-side investment professionals who regularly follow the Company. The toll-free phone number for the call is 800-951-9235 or 706-758-9752 and the access c...

140,000 m3/day (37MGD) Desalination Project for Mining Application Contracted to use PX(R) Technology SAN LEANDRO, Calif., Oct. 2 /PRNewswire-FirstCall/ -- Energy Recovery, Inc. ("ERI") (Nasdaq: ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that it will supply energy recovery devices for a seawater reverse osmosis (SWRO) desalination project in Australia. IDE Technologies awarded ERI the energy recovery contract for the 140,000 cubic meters per day (m3/day) (37 million gallons per day (MGD)) facility. The new desalination project adds process and drinking water for a large mine operation in Australia. IDE ...

Algeria Adds 200,000 m3/day of Increased Seawater Desalination Capacity SAN LEANDRO, Calif.--(BUSINESS WIRE)--Sept. 24, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that it had won another large-scale energy recovery contract for seawater reverse osmosis (SWRO) desalination in Algeria. The Mostaganem SWRO Desalination Plant, located approximately 38 miles east of Oran in the western seaside region of the country, will have a total capacity of 200,000 cubic meters per day (m3/day) (52.8 million US gallons per day), enough to supply...

Tampa, FL, September 16, 2008 – The Ministry of Electricity and Water (MEW) of Kuwait awarded Doosan Heavy Industries & Construction the 136,000 m3/day (36 million US gallons per day (MGD)) Shuwaikh Seawater RO Desalination Plant with Recarbonation system. Doosan Heavy Industries & Construction is executing the project on an EPC basis while Doosan Hydro Technology, the wholly owned US based subsidiary, will partially provide basic process design engineering, as well as detail engineering review services. Energy Recovery, Inc. (“ERI”) (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for...

Former Bekaert/PROTEC and Codeline Executive, Doug Eisberg Joins ERI to Direct PX Technology Application Development SAN LEANDRO, Calif., Sep 09, 2008 (BUSINESS WIRE) -- Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that the company recruited seasoned water treatment applications veteran and membrane housing expert Douglas Eisberg to be the company's Product Director. As Product Director, Doug's responsibilities include identifying new applications for PX technology, promoting PX technology for brackish water desalination appli...

Andalucia, Spain Seawater Desalination Plant Utilizes Award Winning PX(R) Technology SAN LEANDRO, Calif.--(BUSINESS WIRE)--Sept. 3, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announces that the Spanish joint venture of FCC / AQUALIA / BEFESA group of companies awarded the contract for energy recovery equipment for its Bajo Almanzora seawater desalination project to ERI. The plant will supply 60,000 m3/day (15.9 MGD) of fresh water to the region. The design, build and operate seawater desalination project was awarded to the partnership of FCC/AQUALIA an...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Aug. 12, 2008--Energy Recovery, Inc. (Nasdaq:ERII), a global leading provider of ultra efficient energy recovery products and technology for seawater desalination, announced today the results of its second quarter ended June 30, 2008. In the second quarter of 2008, ERI achieved net revenue of $12.0 million, an increase of 247% compared to revenue of $3.5 million reported for the same period a year ago. Year to date for 2008 net revenue was $21.1 million, which represented an increase of 99% over net revenue of $10.6 million for the six months ended June 30, 2007. ERI reported net income of $1.8 million, or $0.04 per diluted share, for the t...

91,000 m3/day (24 million gallons per day) Hamriyah Seawater Desalination Plant in Sharjah Selects PX Technology SAN LEANDRO, Calif.--(BUSINESS WIRE)--Aug. 5, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that it has been awarded a contract to provide the energy recovery technology for the Hamriyah (Phase 1) Power Station Seawater Reverse Osmosis (SWRO) Desalination Plant. Aqua Engineering GmbH and ERI have signed a supply agreement for PX(R) energy recovery devices for the 91,000 cubic meters per day (m3/day) (24 million gallons per day (MGD)) plant t...

100,000 m3/Day (26.4 Million Gallons Per Day) Seawater Desalination Plant in Tianjin to Use Energy Recovery Solution SAN LEANDRO, Calif.--(BUSINESS WIRE)--July 30, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for desalination, announced that its PX Pressure Exchanger energy recovery device solution will be installed in one of China's largest seawater desalination plants to date. Hyflux Ltd. (HYFL.SI) and ERI entered into a first time agreement for the Tianjin project which will provide 100,000 cubic meters per day (m3/day) of potable water to the region. The Tianjin Dagang Newspr...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--July 17, 2008--Energy Recovery, Inc. (Nasdaq:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for seawater desalination, announced today that it will release its second quarter results for fiscal 2008 on Tuesday, August 12, 2008, after the market close. The Company will host a conference call for investors on Tuesday, August 12, 2008 at 1:30 p.m. PT. The conference call will be in a "listen-only" mode for all participants other than the sell-side and buy-side investment professionals who regularly follow the Company. The toll-free phone number for the call is 800-951-9235 and the access code is 565...

100 Million m3/year Membrane Desalination Plant in Mediterranean Reducing Energy Costs SAN LEANDRO, Calif., Jul 15, 2008 (BUSINESS WIRE) -- Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for sea water desalination, announced that the company's PX Pressure Exchanger(R) (PX(R)) technology has been selected by IDE Technologies to be the energy recovery device (ERD) solution for the Hadera Sea Water Reverse Osmosis (SWRO) Desalination Plant. The project is currently under construction and is scheduled for completion in 2009. The Hadera plant, located between Tel Aviv and Haifa in Israel, is being designed an...

Innovative and Legendary Visionary in Technology Joins Desalination Solution Manufacturer SAN LEANDRO, Calif.--(BUSINESS WIRE)--July 8, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII), a global leader of ultra-high-efficiency energy recovery products and technology for sea water desalination, announced today that legendary radiation-chemistry pioneer Paul M. Cook joined the Company's Board of Directors. Mr. Cook is a chemical engineer and MIT graduate who founded Silicon Valley's Raychem Corporation in 1957. Early in his career, he studied radiation chemistry at the Stanford Research Institute (SRI). His research innovation led to Raychem's industrial el...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--July 2, 2008--Energy Recovery, Inc. ("ERI") (NASDAQ:ERII) today announced the pricing of its initial public offering of 14,000,000 shares of its common stock at $8.50 per share. Of these shares, 8,078,566 are being sold by ERI and 5,921,434 are being sold by selling stockholders. In addition, ERI has granted the underwriters a 30-day option to purchase an additional 2,100,000 shares of common stock. ERI intends to use the net proceeds from the offering for working capital and other general corporate purposes, including to finance its growth, develop new products and fund capital expenditures. Citi and Credit Suisse Securities (USA) ...

By: Audrey Bold (January 10, 2008) San Leandro, Calif., January 10, 2008, Energy Recovery, Inc. (ERI) announces a new multilanguage website for its global online community. This new, international site will meet the needs of our Spanish and Chinese speaking markets. The new Spanish and Chinese sites were developed to meet the demands of ERI clients and online users requiring the latest information in their native language. While most visitors may utilize the English version, there is a growing demand for a user friendly, multilingual presence. The new sites offer Spanish and Chinese speakers a convenient, recognizable medium for easy access to informa...