Ovivo Awarded two major Contracts worth over $17 Million in the Electronics and Energy markets in Asia

MONTREAL - Ovivo Inc. has been awarded two major contracts for a combined value of over $17 million in Canadian and Asia.

The first contract is for the supply of a high pressure condensate polishing water system for a new large power plant in Southeast Asia. Through its heritage brands Christ Water Technology and Kennicott, Ovivo will supply equipment meeting the utmost requirements of the industry as to the treated condensate quality for ultra-supercritical high pressure boilers. Ovivo's scope of work includes the engineering, manufacturing and commissioning of two high pressure condensate polishing plants, with its CONESEPĀ® external regeneration system. The delivery is scheduled for September 2016.

The second contract is to provide state of the art process water supply and waste water treatment plant for a new printed circuit production line of a world-leading Printed Circuit Board manufacturer in China. A similar system was delivered by Ovivo in 2012 and is now successfully in operation. The delivery of the contract is divided into two steps, one scheduled for the end of 2015 and the second one for 2016.

"We are delighted to have been selected by world-renowned clients to execute these two large contracts and to partner with them on a global basis, as one of their preferred suppliers when it comes to water treatment solutions", said Marc Barbeau, President and Chief Executive Officer. "Our advanced technological solutions and our international platform were major selection criteria for obtaining these contracts and allowed us to stand out from competition", added Mr. Barbeau.

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