Modern Water plc - Appoints technical director
14 Jan 2008
Modern 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."
For further information, please contact:
Modern Water
Neil
McDougall
07740 930 303
HeadLand Consultancy
Dudley
White
020 7367 5226
Tom
Gough
020 7367 5228
KBC Peel Hunt Ltd, Nominated Adviser and
Broker 020 7418 8900
Jonathan Marren
Oliver Stratton
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.
