MELBOURNE, Australia & NEW YORK--(BUSINESS WIRE)--Jun 11, 2018--Fluence Corporation Limited (ASX: FLC) is pleased to announce that it has executed a tripartite framework agreement with the Yiyang City Government and local partner Hunan Aerospace Kaitian Environmental Technology Company Ltd., a subsidiary of Hunan Aerospace (‘Kaitian’) for the deployment of three Aspiral™ smart-packaged MABR-based units (formerly known as C-MABR).

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Rear, from left: Mr. Mingqiang Ye, President of China Aerospace Kaitian Environmental Technology Co., Ltd.; Mr. Weiwu Song, Chairman of China Aerospace Kaitian Environmental Technology Co., Ltd.; Mr. Yunbo Xu, Party secretary and executive deputy director of the Standing Committee of Yiyang People's Congress; Mr. Wong Jin Yong, General Manager of Fluence China; Mr. Anbang Hu, Deputy Mayor of Yiyang city; Ms. Xiaohong He, Director of Hunan Provincial Department of Environmental Protection. Front, from left: Mr. Michael Shnitzer, VP Operations & Technical Director of Fluence China; Mr. Chengli Liang, Deputy Secretary General of Yiyang Government; Mr. Yanchun Ke, Senior VP of China Aerospace Kaitian Environmental Technology Co., Ltd. (Photo: Business Wire)

Commenting on this latest milestone for Fluence, Managing Director & CEO Henry Charrabé said: “Securing this agreement so quickly after the sale of the first Aspiral™ unit with Kaitian in this province reinforces our China partner strategy. Obtaining the potential endorsement from the Yiyang City Government would be the next key milestone for our growth in China, opening the door for other provincial governments to adopt Aspiral TM as the standard for rural wastewater treatment.”

The Aspiral TM units so far contracted under the tripartite framework agreement will be deployed across three districts in Yiyang City, the first of which is undergoing installation and will be operational in Xielingang Township, New High Tech District, by the end of July.

Aspiral™ units were chosen for their reliable achievement of efficient Class 1A discharge, as well as their low energy, maintenance and space requirements. Following successful deployment of the three sites, Fluence’s Aspiral™ solution could be endorsed by the Yiyang City Government to help meet its future planning requirements in order to comply by 2020 with the Chinese Government’s 13 th five-year plan.

Yiyang city Deputy Mayor, Mr. Anbang Hu commented: “We are very pleased with the co-operation between our government, Fluence Corporation and Kaitian. We are looking forward to the success of this project implementation, and also the further study, co-operation and contribution to Chinese rural wastewater treatment from our agreement.”

China Areospace Kaitian Environmental Technology Co., Ltd. Chairman, Mr. Weiwu Song, said: “We value the trilateral co-operation among Yiyang Government, Fluence Corporation and Kaitian. The success of the signing today is an excellent start to a blueprint of beautiful Chinese rural construction. It is no doubt that wastewater treatment is a key direction in which we can accomplish a lot. We shall take this opportunity to look forward to more, deeper and wider co-operation together with the government of Yiyang and Fluence in the future.”

About Fluence Corporation Limited (ASX: FLC)

Fluence has experience operating in over 70 countries worldwide and employs more than 300 highly trained water professionals around the globe. The Company provides local, sustainable treatment and reuse solutions, while empowering businesses and communities worldwide to make the most of their water resources.

Fluence offers an integrated range of services across the complete water cycle, from early stage evaluation, through design and delivery to ongoing support and optimization of water related assets. With established operations in North America, South America, the Middle East and Europe, Fluence is also expanding into China’s rural wastewater treatment market.

Global consultancy Frost and Sullivan recently awarded Fluence Corporation “2018 Global Decentralized Water and Wastewater Treatment Company of the Year”, noting in their award dissertation:

“While typical decentralized water treatment systems are relatively expensive, complicated, and inefficient, Fluence Corporation leverages innovative and smart technology solutions backed by decades of industrial know-how to excel in water and wastewater treatment solutions. Fluence’s excellence becomes apparent through its success, as the company continues to expand its existing offerings as well as partnerships with other prominent companies in the industry. With its easy to use, sustainable, smart and cost-effective solutions as well as a remarkable year of growth, innovation, and leadership, Fluence Corporation earns Frost & Sullivan’s 2018 Global Company of the Year Award in the decentralized water and wastewater treatment industry.”

Further information can be found at https://www.fluencecorp.com/.

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CONTACT: Corporate:

Henry Charrabé, +1-212-572-3766

Managing Director & CEO

hcharrabe@fluencecorp.com

or

Richard Irving (USA), +1-408-382-9790

Executive Chairman

rirving@fluencecorp.com

or

Ross Kennedy (Australia), +61 409 524 442

Company Secretary & Advisor to the Board

rkennedy@fluencecorp.com

or

Investors (Australia):

Market Eye

Ronn Bechler, +61 400 009 774

ronn.bechler@marketeye.com.au

or

Media (Australia):

Market Eye

Tristan Everett, +61 403 789 096

tristan.everett@marketeye.com.au

or

Investors & media (USA):

The Blueshirt Group

Gary Dvorchak, CFA

+1-323-240-5796 (US)

+86 138 1079 1480 (China)

gary@blueshirtgroup.com

KEYWORD: AUSTRALIA UNITED STATES NORTH AMERICA AUSTRALIA/OCEANIA NEW YORK

INDUSTRY KEYWORD: BUILDING SYSTEMS ENERGY UTILITIES OTHER ENERGY MANUFACTURING ENGINEERING OTHER MANUFACTURING NATURAL RESOURCES OTHER NATURAL RESOURCES URBAN PLANNING ENVIRONMENT CONSTRUCTION & PROPERTY

SOURCE: Fluence Corporation Limited

Copyright Business Wire 2018.

PUB: 06/11/2018 06:44 PM/DISC: 06/11/2018 06:44 PM

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