Energy Technology News: Energy Recovery (NASDAQ: $ERII) Reports Second Quarter and First-Half 2016 Results

Energy Technology News: Energy Recovery (NASDAQ: $ERII) Reports Second Quarter and First-Half 2016 Results

SAN LEANDRO, Calif., -- (Investorideas Newswire) Energy Recovery Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows,  announced  yesterday its financial results for the second quarter ended on June 30, 2016, as well as year-to-date results for the first half of 2016.

Read this release in full at http://www.investorideas.com/news/2016/energy/08042.asp

Joel Gay, President and Chief Executive Officer, said, "The second quarter is further evidence that 2016 is the year of delivery. Having only generated greater revenues once in a second quarter in the Company's post-IPO history, our topline performance is a positive indicator of the full fiscal year prospects, especially as it relates to large-scale capital projects within the desalination business. The Company also secured a purchase order for the first multiple IsoBoost system installation for what will be one of the largest gas processing plants in the Middle East, generating more momentum for our centrifugal line of products in oil & gas. We also continue to advance toward the execution of the two performance milestones pursuant to our VorTeqTM licensing agreement with Schlumberger, which will trigger the incremental $50 million in up-front contract payments. As communicated at the onset of this year, through the execution of its long-term strategy, Energy Recovery will continue to protect its market share in desalination and further develop and gain traction in its emerging market segments with the singular objective of driving and sustaining long-term growth."

Second Quarter 2016 Summary

·        Total revenue increased 26% to $13.2 million, one of the best second quarters in the Company's post-IPO history

·        EPS of $0.01

·        Highest total gross margin(1) in the Company's post-IPO history of 68% for the second quarter; product gross margin was 65% for the same period

Revenues
The Company generated total revenue of $13.2 million in the second quarter of 2016, and $24.5 million for the first half of 2016, compared to $10.5 million and $16.3 million in the same periods of the prior year. This marks one of the best second quarters in the Company's history. The increase was primarily due to strong OEM and aftermarket shipments and the amortization of the Schlumberger exclusivity fee.

Energy Recovery had $12.0 million in product revenue in the second quarter of 2016, up from $10.5 million in the second quarter of 2015. Year-to-date, the Company reported product revenue of $22.0 million, up from $16.3 million in the first half of 2015.

The Company recognized $1.3 million in license and development revenue during the second quarter of 2016 and $2.5 million year-to-date. This revenue is associated with the amortization of the $75 million exclusivity fee paid by Schlumberger in the fourth quarter of 2015 for the exclusive use of the Company's VorTeq hydraulic fracturing system. The Company recognized no such revenue during the same period last year. The Schlumberger exclusivity fee will continue to be amortized on a level basis through the duration of the 15-year agreement. Schlumberger will also pay two (2) separate $25 million payments (for a total of $50 million) subject to the Company satisfying certain milestones and key performance indicators. Following commercialization, Schlumberger will pay an annual royalty fee of $1.5 million per VorTeq in service per year for the duration of the license agreement. Total annual royalties are dictated by VorTeq minimum adoption requirements as a percentage of Schlumberger's active fleets.

Gross Margin
Product gross margin increased 1,100 basis points to 65% for the second quarter of 2016, compared to 54% in the second quarter of 2015. Including license and development revenue associated with the Schlumberger exclusivity fee, total gross margin(1) increased by 1,400 basis points to 68%, which represents the highest total gross margin in the Company's post-IPO history.

Operating Expenses
Operating expenses for the second quarter of 2016 decreased to $8.5 million from $8.9 million in the second quarter of 2015. Year to date, the Company reported operating expenses of $18.3 million, down from $20.3 million in the first half of 2015.

The decrease quarter over quarter was driven by a reduction in non-recurring expenses and administrative expenses, offset by higher R&D expenses associated with Schlumberger Milestone 1 testing. Non-recurring expenses in the second quarter of 2015 totaled $2.7 million - primarily due to the CEO transition - whereas the Company did not have any material non-recurring expenses in the second quarter of 2016.

Bottom Line Summary

To summarize financial performance, the Company reported net income of $0.5 million, or $0.01 per share, in the second quarter of 2016. Comparatively, the Company reported a net loss of $(3.3) million, or $(0.06) per share, in the second quarter of 2015. Summarizing the year to date financial performance, Energy Recovery reported a net loss of $(1.5) million, or $(0.03) per share, versus a net loss of $(11.6) million, or $(0.22) per share, for the first half of 2015.

The improvement was driven by strengthening demand in global desalination markets, a favorable shift in product mix, revenue associated with the Schlumberger exclusivity fee amortization, and a reduction in operating expenses.

Excluding non-recurring items, the Company reported adjusted net income(1) of $0.5 million, or $0.01 per share in the second quarter of 2016.

Comparatively, the Company reported an adjusted net loss(1) of $(0.7) million, or $(0.01) per share, in the second quarter of 2015(1). Year to date, the Company reported an adjusted net loss(1) of $(0.5) million versus a $(5.9) million for the first half of 2015.

Cash Flow Highlights
The Company ended the quarter with unrestricted cash of $79.0 million, current and non-current restricted cash of $4.1 million, and short-term investments of $15.1 million, all of which represent a combined total of $98.2 million.

During the second quarter of 2016, the Company's net cash provided by operating activities was $1.1 million.  This includes net income of $0.5 million and non-cash expenses of $1.6 million, the largest of which were share-based compensation of $0.7 million and depreciation and amortization of $0.9 million. The reduction of inventory contributed $0.6 million and increases in other liabilities contributed $0.3 million to cash from operating activities, offset by $(0.6) million in increased accounts receivable and a reduction of $(1.3) million in deferred revenue related to the amortization of the Schlumberger exclusivity fee.  Cash used in investing activities was $(15.3) million driven by $(14.9) million in purchases of marketable securities and $(0.5) million in capital expenditures. Cash used in financing activities was $(3.3) million, attributed to stock repurchases of $(4.3) million, offset by $1.0 million collected from the issuance of common stock related to option exercises. 

During the first half of 2016, cash provided by operating activities was $0.8 million. This includes a net loss of $(1.5) million and non-cash expenses of $3.5 million, the largest of which were share-based compensation of $1.9 million and depreciation and amortization of $1.9 million. The monetization of receivables favorably impacted cash from operating activities by $3.4 million, offset by $(2.1) million in accounts payable and other liabilities and a reduction of $(2.5) million in deferred revenue related to the amortization of the Schlumberger exclusivity fee. Cash used in investing activities was $(15.8) million driven by $(14.9) million in purchases of marketable securities and $(0.6) million in capital expenditures. Cash used in financing activities was $(5.9) million, attributed to stock repurchases of $(8.4) million, offset by $2.5 million collected from the issuance of common stock related to option exercises. 

1 Total gross profit, total gross margin, adjusted net income (loss), and adjusted basic and diluted net income (loss) per share are Non-GAAP financial measures. Please refer to the discussion under headings "Use of Non-GAAP Financial Measures" and "Reconciliations of Non-GAAP Financial Measures."

Forward-Looking Statements

Certain matters discussed in this press release and on the conference call are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the Company's expectations for its financial performance in 2016 and the Company's ability to achieve the milestones under the Schlumberger licensing agreement and receive the related contractual payments.  These forward-looking statements are based on information currently available to us and on management's beliefs, assumptions, estimates, or projections and are not guarantees of future events or results.  Potential risks and uncertainties include our ability to achieve the milestones under the Schlumberger agreement, any other factors that may have been discussed herein regarding the risks and uncertainties of our business, and the risks discussed under "Risk Factors" in our Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC") on March 3, 2016 as well as other reports filed by the Company with the SEC from time to time. Because such forward-looking statements involve risks and uncertainties, the Company's actual results may differ materially from the predictions in these forward-looking statements.   All forward-looking statements are made as of today, and the Company assumes no obligation to update such statements.

Use of Non-GAAP Financial Measures

This press release includes certain non-GAAP financial measures, including total gross profit, total gross margin, adjusted net income (loss), and adjusted basic and diluted net income (loss) per share. Generally, a non-GAAP financial measure is a numerical measure of a company's performance, financial position, or cash flows that either exclude or include amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with generally accepted accounting principles in the United States of America, or GAAP.  These non-GAAP financial measures do not reflect a comprehensive system of accounting, differ from GAAP measures with the same captions, and may differ from non-GAAP financial measures with the same or similar captions that are used by other companies. As such, these non-GAAP measures should be considered as a supplement to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP. The Company uses these non-GAAP financial measures to analyze its operating performance and future prospects, develop internal budgets and financial goals, and to facilitate period-to-period comparisons. The Company believes these non-GAAP financial measures reflect an additional way of viewing aspects of its operations that, when viewed with its GAAP results, provide a more complete understanding of factors and trends affecting its business.

Conference Call to Discuss Second Quarter 2016 Results

LIVE CONFERENCE CALL WEBCAST: Thursday, August 4, 2016, 7:30 AM PDT Listen-only, Toll-free:  888-539-3612 Listen-only, Local:  719-457-2604 Access code:  5906242	CONFERENCE CALL REPLAY: Expiration: August 18, 2016, 10:30 AM PDT Toll-free:  888-203-1112 Local:  719-457-0820 Access code:  5906242

Investors may also access the live call or the replay over the internet at www.streetevents.com or www.energyrecovery.com. The replay will be available approximately three hours after the live call concludes.

About Energy Recovery Inc.

Energy Recovery (ERII) is an energy solutions provider to industrial fluid flow markets worldwide. Energy Recovery solutions recycle and convert wasted pressure energy into a usable asset and preserve pumps that are subject to hostile processing environments. With award-winning technology, Energy Recovery simplifies complex industrial systems while improving productivity, profitability, and efficiency within the oil & gas, chemical processing, and water industries. Energy Recovery products save clients more than $1.7 billion (USD) annually.  Headquartered in the Bay Area, Energy Recovery has offices in Ireland, Shanghai, and Dubai.  For more information about the Company, please visit www.energyrecovery.com.

ENERGY RECOVERY, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, except share data and par value)
(unaudited)
	June 30, 2016			December 31,    2015
ASSETS
Current assets:
Cash and cash equivalents	$	78,987		$	99,931
Restricted cash		1,058			1,490
Short-term investments		15,095			257
Accounts receivable, net of allowance for doubtful accounts of $168 and $166 at June 30, 2016 and December 31, 2015, respectively		8,242			11,590
Unbilled receivables, current		1,804			1,879
Inventories		6,178			6,503
Deferred tax assets, net		—			938
Prepaid expenses and other current assets		1,272			943
Total current assets		112,636			123,531
Restricted cash, non-current		3,065			2,317
Unbilled receivables, non-current		—			6
Deferred tax assets, non-current		885			—
Property and equipment, net of accumulated depreciation of $19,872 and $18,338 at June 30, 2016 and December 31, 2015, respectively		9,762			10,622
Goodwill		12,790			12,790
Other intangible assets, net		2,216			2,531
Other assets, non-current		2			2
Total assets	$	141,356		$	151,799
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	1,518		$	1,865
Accrued expenses and other current liabilities		5,233			7,808
Income taxes payable		89			2
Accrued warranty reserve		411			461
Deferred revenue		6,772			5,878
Current portion of long-term debt		10			10
Total current liabilities		14,033			16,024
Long-term debt, net of current portion		33			38
Deferred tax liabilities, non-current		2,109			2,360
Deferred revenue, non-current		66,462			69,000
Other non-current liabilities		637			718
Total liabilities		83,274			88,140
Commitments and Contingencies (Note 9)
Stockholders' equity:
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding		—			—
Common stock, $0.001 par value; 200,000,000 shares authorized; 55,731,277 shares issued and 52,124,021 shares outstanding at June 30, 2016, and 54,948,235 shares issued and 52,468,779 shares outstanding at December 31, 2015		56			55
Additional paid-in capital		134,156			129,809
Accumulated other comprehensive loss		(101	)		(64	)
Treasury stock at cost, 3,607,256 and 2,479,456 shares repurchased at June 30, 2016 and December 31, 2015, respectively		(15,213	)		(6,835	)
Accumulated deficit		(60,816	)		(59,306	)
Total stockholders' equity		58,082			63,659
Total liabilities and stockholders' equity	$	141,356		$	151,799

ENERGY RECOVERY, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
(unaudited)
	Three Months Ended June 30,							Six Months Ended June 30,
		2016			2015				2016			2015
Product revenue	$	11,973		$	10,484			$	22,024		$	16,348
Product cost of revenue		4,236			4,836				7,910			7,367
Product gross profit		7,737			5,648				14,114			8,981
License and development revenue		1,250			—				2,500			—
Operating expenses:
General and administrative		3,992			5,362				8,876			11,640
Sales and marketing		1,935			1,994				4,005			4,427
Research and development		2,422			1,410				5,087			3,943
Amortization of intangible assets		158			158				315			317
Total operating expenses		8,507			8,924				18,283			20,327
Income (loss) from operations		480			(3,276	)			(1,669	)		(11,346	)
Other expense:
Interest expense		—			—				(1	)		(40	)
Other non-operating income (expense)		79			20				58			(82	)
Income (loss) before income taxes		559			(3,256	)			(1,612	)		(11,468	)
Provision (benefit) for income taxes		103			71				(102	)		142
Net income (loss)	$	456		$	(3,327	)		$	(1,510	)	$	(11,610	)
Net income (loss) per share - basic	$	0.01		$	(0.06	)		$	(0.03	)	$	(0.22	)
Net income (loss) per share - diluted	$	0.01		$	(0.06	)		$	(0.03	)	$	(0.22	)
Weighted average shares outstanding - basic		52,369			52,026				52,288			51,987
Weighted average shares outstanding - diluted		55,698			52,026				52,288			51,987

ENERGY RECOVERY, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
(unaudited)
	Six Months Ended June 30,
	2016			2015
Cash Flows From Operating Activities
Net loss	$	(1,510	)	$	(11,610	)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation		1,865			3,053
Depreciation and amortization		1,851			1,959
Provision for warranty claims		96			15
Unrealized loss on foreign currency transactions		52			21
Amortization of premiums on investments		34			130
Change in fair value of put options		33			—
Provision for doubtful accounts		16			59
Valuation adjustments for excess or obsolete inventory		(42	)		21
Other non-cash adjustments		(49	)		86
Reversal of accruals related to expired warranties		(146	)		—
Deferred income taxes		(199	)		131
Changes in operating assets and liabilities:
Accounts receivable		3,333			3,472
Deferred revenue, product		855			714
Inventories		389			(1,520	)
Income taxes payable		89			4
Unbilled receivables		81			60
Litigation settlement		—			(1,700	)
Accounts payable		(347	)		549
Prepaid and other assets		(384	)		239
Deferred revenue, SLB license		(2,500	)		—
Accrued expenses and other liabilities		(2,668	)		(3,633	)
Net cash provided by (used in) operating activities		849			(7,950	)
Cash Flows From Investing Activities
Maturities of marketable securities		—			8,235
Restricted cash		(315	)		2,422
Capital expenditures		(613	)		(429	)
Purchases of marketable securities		(14,903	)		—
Net cash (used in) provided by investing activities		(15,831	)		10,228
Cash Flows From Financing Activities
Net proceeds from issuance of common stock		2,511			293
Proceeds from long-term debt		—			55
Repayment of long-term debt		(5	)		(2	)
Repurchase of common stock		(8,378	)		—
Net cash (used in) provided by financing activities		(5,872	)		346
Effect of exchange rate differences on cash and cash equivalents		(90	)		(18	)
Net change in cash and cash equivalents		(20,944	)		2,606
Cash and cash equivalents, beginning of period		99,931			15,501
Cash and cash equivalents, end of period	$	78,987		$	18,107

ENERGY RECOVERY, INC.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

(in thousands, except per share data)

(unaudited)

This press release includes non-GAAP financial information because we plan and manage our business using such information. Our non-GAAP Total Gross Profit, Total Gross Margin are determined by adding back the license and development revenue associated with the amortization of the Schlumberger exclusivity fee. Our non-GAAP Adjusted Net Income and per share information also exclude non-recurring expenses.

	Three Months Ended June 30						Six Months Ended June 30
		2016			2015			2016			2015
Product revenue	$	11,973		$	10,484		$	22,024		$	16,348
License and development revenue		1,250			-						2,500
Total revenue		13,223			10,484						24,524
Product gross profit		7,737			5,648						14,114
License and development revenue		1,250			-						2,500
Total gross profit (Non-GAAP)		8,987			5,648						16,614
Product gross margin		65	%		54	%		64	%		55	%
Total gross margin (Non-GAAP)		68	%		54	%		68	%		55	%
Net income (loss)		456			(3,327	)		(1,510	)		(11,610	)
Non-recurring operating expenses		-			2,674			1,008			5,719
Adjusted net income (loss) (Non-GAAP)		456			(653	)		(502	)		(5,891	)
Basic and diluted net income (loss) per share		0.01			(0.06	)		(0.03	)		(0.22	)
Adjusted basic and diluted net income (loss) per share (Non-GAAP)		0.01			(0.01	)		(0.01	)		(0.11	)
Weighted average shares outstanding - basic		52,369			52,026			52,288			51,987
Weighted average shares outstanding - diluted		55,698			52,026			52,288			51,987

Contact

Chris Gannon

Chief Financial Officer

510-483-7370

Source: Energy Recovery

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info:http://www.investorideas.com/About/Disclaimer.asp

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

#Water Stocks Alert: Veolia (Paris:VIE) to Manage #Sinopec's #Beijing Yanshan Petrochemical Entire #Water Cycle

#Water Stocks Alert: Veolia (Paris:VIE) to Manage #Sinopec's #Beijing Yanshan Petrochemical Entire #Water Cycle

PARIS & BEIJING - July 28, 2016 (Investorideas.com Newswire) Regulatory News: Sinopec, Asia's and China's largest refiner, has chosen Veolia (Paris:VIE), through its subsidiary Veolia China, to operate the entire water cycle of its Yanshan petrochemical complex.

The revenues generated by this contract throughout its 25-year duration will be 3.27 billion euros for Veolia. The dedicated joint-venture between Yanshan Petrochemical and Veolia, consolidated by Veolia, will employ more than 800 people.

Located 50 km from downtown Beijing, Yanshan Petrochemical is a fully-owned subsidiary of Sinopec. The complex is one of the largest production bases of synthetic rubber, synthetic resin, phenol acetone and high-quality refined oil products in China. It processes over 10 million tons crude oil and produces 800,000 tons ethylene annually. It can produce 94 varieties with 431 grades of petrochemical products.

Following the mutual trust established through their previous cooperation, Veolia and Beijing Yanshan Petrochemical have chosen to expand the scope of their partnership to the entirety of the water cycle management, including cooling water, demineralized water, industrial water, drinking water, chilled water, waste water and firefighting water of the Yanshan facilities. Veolia will work at optimizing the water consumption within the site and increasing the water recycling rate. A direct result of such optimization will be the decrease in fresh water consumption as well as of Beijing Yanshan Petrochemical's water footprint, an important achievement in a region that suffers water scarcity and shortages.

Veolia is also in charge of upgrading the wastewater treatment facility to bring it into compliance with the newest and most stringent standard in the Beijing area, and one of the most stringent standards worldwide for water discharge. Finally, the contract also comprises a comprehensive energy optimization program covering all water production facilities onsite. The achieved reduction in energy consumption per m3 of water produced will be a major contribution to Beijing Yanshan Petrochemical's efforts to reduce its carbon footprint.

Antoine Frérot, Chairman and Chief Executive Officer of Veolia, declared: "The responsibilities that Sinopec has entrusted Veolia confirm how two companies can partner up to provide the best services in their respective fields. Through this contract, Veolia will help Sinopec implement the best environmental standards and technologies to make its Beijing Yanshan site a reference in China. This contract confirms the refinery sector can perfectly keep producing while being committed to significantly reduce its environmental footprint."

Veolia has been present in Asia since the 1990s. The Group is currently active in water production and wastewater treatment for public authorities and industrial concerns; municipal, industrial and hazardous waste collection, management and recovery; and energy services. With 14,200 employees in China, Veolia currently manages around 60 contracts in 40 cities. Veolia has been working with Sinopec's Beijing Yanshan Petrochemical since 2006 when they first signed a partnership for the management of wastewater treatment and wastewater reclaim facilities.

Veolia group is the global leader in optimized resource management. With over 174 000 employees worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.

In 2015, the Veolia group supplied 100 million people with drinking water and 63 million people with wastewater service, produced 63 million megawatt hours of energy and converted 42.9 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €25 billion in 2015. www.veolia.com

Read this release in full at http://www.investorideas.com/news/2016/water/07281.asp

Water-Stocks.com: investing ideas in water stocks:

Like Water Stocks? View our Water Stocks Directory

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info:http://www.investorideas.com/About/Disclaimer.asp

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Global Stock Directories; Additions in #Technology, #Defense ($SNA.V; OTC: $SNAVF) and #Cleantech – Including #Water Company (TSX: $WSP.TO) and #RenewableEnergy Company (TSX: $EGT.V; OTC: $EGTYF)

Global Stock Directories; Additions in #Technology, #Defense ($SNA.V; OTC: $SNAVF) and #Cleantech – Including #Water Company (TSX: $WSP.TO) and #RenewableEnergy Company (TSX: $EGT.V; OTC: $EGTYF)

Technology Stock Additions Include: OTC: $GPHBF, $MCCX, $VTIFF AND $ARHTF, TSX Venture: $SIM.V, $NTQ.V, $GGG.V, $YTY.V, $IFD.V, $MCX.V, $BLN.V, $ENA.V, $GSI.V, $JTC.V, $PNG.V, $NXO.V, $PHO.V, $VTI.V, $ONE.V, $AXE.V, $IQ.V, $ALY.V, $ART.V, $ATW.V, $UI.V, $SLC.V, $LAB.V, $BEW.V, $NGH.V AND $OSS.V

Point Roberts, WA, Delta BC – June 24, 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors announces this week’s additions to its global stock directories.  Additions are mainly within the technology sector with a focus on software, GPS and cloud computing. 

Also added were cleantech companies involved in water (WSP Global Inc (TSX:WSP.TO) and renewable energy (Eguana Technologies Inc. (TSX:EGT.V; OTC: EGTYF) and a defense/flight safety company (Star Navigation Systems Group Ltd (TSX:SNA.V; OTC:SNAVF).

Investorideas.com global stock directories are part of the membership program on the site, accessed either by login and password or available in PDF format.  The directories include stocks trading on the TSX, OTC, NASDAQ, NYSE and other recognized global stock exchanges, giving retail investors a wide variety of stocks to review. http://www.investorideas.com/membership/

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

Read this release in full at http://www.investorideas.com/news/2016/main/06243.asp

Tech Companies Added: Siyata Mobile Inc. (TSX:SIM.V); NovaTeqni Corporation (TSX:NTQ.V); Graphene 3D Lab Inc. (TSX:GGG.V; OTC: GPHBF); Wi2Wi Corp (TSX:YTY.V); Intrinsic4D Inc. (TSX:IFD.V); McorpCX, Inc. (TSX:MCX.V; OTC:MCCX); Blackline Safety Corporation (TSX:BLN.V); Enablence Technologies Inc. (TSX:ENA.V); Gatekeeper Systems Inc. (TSX:GSI.V); Jemtec Inc (TSX:JTC.V); Kraken Sonar Inc. (TSX:PNG.V); Nexoptic Technology Corp. (TSX:NXO.V); Photon Control Inc (TSX:PHO.V); Valdor Technology International Inc (TSX:VTI.V; OTC:VTIFF); 01 Communique Laboratory Inc (TSX:ONE.V); Acceleware Ltd (TSX:AXE.V); Airiq Inc (TSX:IQ.V); AnalytixInsight Inc. (TSX:ALY.V); ARHT Media Inc. (TSX:ART.V; OTC:ARHTF); AtmanCo Inc. (TSX:ATW.V); Urbanimmersive Technologies Inc (TSX:UI.V); Slyce Inc. (TSX:SLC.V); Imperus Technologies Corp. (TSX:LAB.V); BeWhere Holdings Inc. (TSX:BEW.V); Nightingale Informatix Corp (TSX:NGH.V) and OneSoft Solutions Inc. (TSX:OSS.V)

Defense:

Star Navigation Systems Group Ltd (TSX:SNA.V; OTC:SNAVF) owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. It is the first system in the world to feature in-flight data-analysis, monitoring and diagnostics with a real-time connection between aircraft and ground. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator. Star's MMI Division designs and manufactures high performance mission critical flight deck, flat panel displays for defence and commercial aviation industries worldwide.

Renewable Energy:

Energy Storage-Battery/Fuel Cell/Photvoltaic-Solar

Eguana Technologies Inc. (TSX:EGT.V; OTC: EGTYF) designs and manufactures high performance power controls for residential and commercial energy storage systems. Eguana has more than 15 years' experience delivering grid edge power electronics for fuel cell, photovoltaic and battery applications and delivers proven, durable, high quality solutions from its high capacity manufacturing facilities in Europe and North America. With thousands of its proprietary energy storage inverters deployed in the European and North American markets, Eguana is the leading supplier of power controls for solar self-consumption, grid services and demand charge applications at the grid edge.

Cleantech-Water:

WSP Global Inc (TSX:WSP.TO) As one of the world's leading professional services firms, WSP provides technical expertise and strategic advice to clients in the Property & Buildings, Transportation & Infrastructure, Environment, Industry, Resources (including Mining and Oil & Gas) and Power & Energy sectors. WSP also offers highly specialised services in project delivery and strategic consulting. Its experts include engineers, advisors, technicians, scientists, architects, planners, surveyors and environmental specialists, as well as other design, program and construction management professionals. With approximately 34,000 people in 500 offices across 40 countries, WSP is well positioned to deliver successful and sustainable projects under its WSP and WSP / Parsons Brinckerhoff brands. Water: In June 2016, the company announced that it has entered into an agreement with Schlumberger, a leading global oilfield services company, to acquire its industrial water consultancy business. This business will enable WSP to provide water consulting services and project solutions to industrial clients worldwide.

About Investorideas.com - News that Inspires Big Ideas

Sectors we cover in include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas

Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Investor Ideas Directories for global investors:

From water stocks to gold and mining stocks, renewable energy, nanotech, defense, technology, biotech and more – use our stock directories and access them online 24/7 with login as a member to find your next big idea!

http://www.investorideas.com/membership/

Services for Publicly traded companies: http://www.investorideas.com/Investors/Services.asp

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

Contact Investorideas.com

800-665-0411

Investorideas Updates Global Stock Directories; Additions Include Technology Stocks, Food & Beverage Stocks, Green Stocks, Energy and Water

Investorideas Updates Global Stock Directories; Additions Include Technology Stocks, Food & Beverage Stocks, Green Stocks, Energy and Water

NYSE MKT: $BGSF, $JOB; NASDAQ: $STAF, $DRAM, $BLIN, $IZEA; OTC: $FTWN, $DIRI, $IEGH, $PVHO, $TNLX, $WEYL and CSE: $SCE Added to Tech Sector

Point Roberts, WA, Delta BC – May 6, 2016 – Investorideas.com, a global news source and investor resource covering leading sectors announces this week’s additions to its global stock directories include Technology Stocks, , Food & Beverage Stocks, Green Stocks, Energy Stocks and Water Stocks.

The technology sector was the primary focus, with companies added to digital media stocks, security, software, cloud computing, internet social media stocks, mobile.

Investorideas.com global stock directories are part of the membership program on the site, accessed either by login and password or available in pdf format.  The directories include stocks ranging from microcap to NYSE and listed on any recognized global stock exchange, giving retail investors a wide variety of stocks to review. http://www.investorideas.com/membership/

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

Read this release in full at: http://www.investorideas.com/news/2016/main/05062.asp

Technology Companies added:

BG Staffing (NYSE MKT: BGSF), Staffing 360 Solutions, Inc. (NasdaqCM: STAF), Dataram Corporation (NasdaqCM: DRAM), Bridgeline Digital Inc. (NasdaqCM:BLIN), FTE Networks, Inc. (OTC: FTNW), General Employment Enterprises, Inc. (NYSE MKT: JOB), Direct Insite Corp (OTC:DIRI), IEG Holdings Corporation (OTC:IEGH), IZEA Inc. (NasdaqCM: IZEA), Provision Holding, Inc. (OTC: PVHO), SecureCom Mobile Inc. (CSE:SCE; OTC:SCQBF), Trans-lux Corporation (OTC:TNLX), and Weyland Tech, Inc. (OTC: WEYL)

The second most active group was within the Food and Beverage Industry.

Companies added to Food & Beverage Stocks include: Long Island Iced Tea Corp. (OTC: LTEA), Coffee Holding Company, Inc. (NasdaqCM: JVA), Green PolkaDot Box Incorporated (OTC: GPDB), Be Active Brands, Inc. (OTC: JALA), Terra Tech Corp (OTC: TRTC). 

Other Sector Additions:

Energy Stocks: Petroshare Corp (OTC: PRHR) is a domestic oil and natural gas exploration and development company based in Centennial, Colorado.

Green Stocks: SG Blocks (OTC: SGBXQ) is the premier innovator of commercial and private environments utilizing code-engineered cargo shipping containers.

Fuling Global Inc. (NasdaqCM: FORK) is a specialized producer and distributor of environmentally friendly plastic serviceware, with precision manufacturing facilities in both the U.S. and China

Water Stocks: Xeros Technology Group PLC (LSE: XSG.L) is changing the way textiles are cleaned.

About Investorideas.com - Big Ideas for Global Investors

InvestorIdeas.com is a digital news source and investor resource covering leading sectors including biotech and life sciences.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas

Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Investor Ideas Directories for global investors:

From water stocks to gold and mining stocks, renewable energy, nanotech, defense, technology, biotech and more – use our stock directories and access them online 24/7 with login as a member to find your next big idea!

http://www.investorideas.com/membership/

Services for Publicly traded companies: http://www.investorideas.com/Investors/Services.asp

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

Contact Investorideas.com

800-665-0411

#Waternewswire.com – #newswire dedicated to global #water issues has been revamped

#Waternewswire.com – #newswire dedicated to global #water issues has been revamped – publish your #waternews and send news tips

http://www.Waternewswire.com – dedicated to the global #waterindustry

The waternewswire.com newswire is owned by the parent company that also owns the #Investorideas.com site and newswire.

Mayim Water Project - creating sustainable water solutions for Central Africa

Mayim Water Project - creating sustainable water solutions for Central Africa

March 11, 2016- Vancouver BC, Point Roberts WA- Investorideas.com, a digital global news source covering leading sectors including renewable energy and water, reports on the Mayim Water Project, creating sustainable water solutions for Central Africa – Sub region, as World Water Day approaches.

This year’s theme for World Water Day #Worldwaterday, being held March 22, 2016 is Better water, better jobs.

The Mayim water project represents a business and investment opportunity, while ensuring better water quality to a large population currently spending too much for water. The 2014 World Bank data estimates a total population in the DRC of 74.87 million and 12 million living in Kinshasa, the capital city.  With the average family spending between: $45 to $70 a month for drinking water, Mayim is planning on offering a better and more affordable solution.

Mayim water distribution system was established in 2014 as Esobecorp water management program. Founder, Mr Jeremie  Katunda, tells us that ,” Unlike most of Southern African countries facing water crisis, scarcity and drought due to climate change, the Central Africa sub region enjoying plenty of freshwater with constant rains, but water crisis in this area is mainly the consequence of lack of adequate water infrastructure and maintenance policy.”

He points out that “The major challenge facing the sub region in relation to water management is the lack of a leading model and coordination among authorities, stemming from an unclear definition of roles and responsibilities.”

Mayim’s primary products include 750 ml still water bottles and 1 000 litres still water in intermediate bulk containers (IBC).The IBC can be attached to supply a household piping system or just a kitchen faucet.  Esobecorp’s services also include water resource management and project management.

Jeremie has big ambitions for market penetration in cities like Kinshasa for Mayim and also notes, “ Sub-saharan Africa water demand is projected to rise by at least 3 per cent annually until the year 2020, a rate about equal to the region's population growth rate. “

For more info on his company or contacting him: http://www.esobecorp.com/

By: D Van Zant – Investorideas.com

“I connected with Jeremie on Linkedin.com and though this was an interesting water story “

About World Water Day http://www.unwater.org/worldwaterday

World Water Day is an international observance and an opportunity to learn more about water related issues, be inspired to tell others and take action to make a difference. World Water Day dates back to the 1992 United Nations Conference on Environment and Development where an international observance for water was recommended. The United Nations General Assembly responded by designating 22 March 1993 as the first World Water Day. It has been held annually since then. Each year, UN-Water — the entity that coordinates the UN’s work on water and sanitation — sets a theme for World Water Day corresponding to a current or future challenge. The engagement campaign is coordinated by one or several of the UN-Water Members with a related mandate.

About Investorideas.com 

InvestorIdeas.com is a digital media global news source covering leading sectors including water.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas

Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Sign up for free news alerts on water and renewable energy at Investorideas.com

http://www.investorideas.com/Resources/Newsletter.asp

Become an Investorideas.com Member and access our online stock directories listing thousands of publicly traded stocks in leading sectors including renewable energy and water stocks http://www.investorideas.com/membership/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

Contact Investorideas.com

800 665 0411

Video Release: Globe2016 in Vancouver Session; Water Integrity - Infrastructure & Innovation

“Canada is sleepwalking into an uncertain future” - Howard Wheater, Director of the Global Institute for Water Security at the University of Saskatchewan

March 8, 2016 - Vancouver BC, Point Roberts WA - Investorideas.com, a digital global news source covering leading sectors including renewable energy and water, reports on the recently held GLOBE 2016 Conference & Innovation Expo (#Globe2016), held in Vancouver last week.

Leaders from around the world gathered to discuss key topics in sustainability, including water. In this panel session, “Water Integrity: Infrastructure & Innovation”, water scarcity and water security were discussed.

Climate change, pollution, the way land is managed and drinking water problems all demonstrate a host of issues here in water-rich Canada.

Howard Wheater, Director of the Global Institute for Water Security at the University of Saskatchewan, told the audience that “the Canadian Government recently reported it will be spending $1 billion a year on floods and droughts. Globally, we may have 6 billion people in water scarce areas in just a few decades time. Most Canadians think that applies to rest of the world but is not an issue here because we have lots of water.”  

He also points out the degradation of water quality across Canada. With all the challenges, he also pointed out that smarter technologies for land and water management could provide solutions.

“When it comes to assuming responsibility,” he says “the Federal Government does not take strong responsibility for managing the water; it lies with provinces and they have mixed levels of capability.”

He also went on to say “Canada is the canary in the coal mine for global warming. We are seeing some of the world’s most rapid rates of warming.” 

Karen Bakker, a Professor and Canada Research Chair at the University of British Columbia said, “One of the truths about water issues is that they are global in scale but they are locally expressed.”

She narrows in on one region as an example; the Peace-Athabasca Delta. The Peace-Athabasca Delta, located in northeast Alberta, is the largest freshwater inland river delta in North America. “Not far from there is major hydraulic fracturing activity and not far from that, one of BC’s largest wind farm projects and also in this area, one of the sources of major-proposed LNG pipelines. When you look at this, you get a sense of the water nexus. In one of Northern Canada’s most important food producing regions, you have intense competition for water; water for energy, food, drinking - and water for nature.”

Watch the Video: https://www.youtube.com/watch?v=Tm6vnKpl98k

Water Integrity: Infrastructure & Innovation Panel Session

This session brings a solutions-oriented outlook on water security trends to ensure access to water and catalyze economic growth. Join leading experts to learn how investment, emerging models of delegated water governance, innovation and technology deployment are scaling solutions and addressing water scarcity.  Take away key insights on how cross-sector partnerships create opportunities for sustainable business and effectively conserve, manage and distribute this vital resource.

Topic Speakers:

Lindsay Bass is Head of the US Corporate Water Stewardship Initiative for the World Wildlife Fund. The initiative leverages private sector partnerships to conserve water resources and freshwater ecosystems.

Karen Bakker is a Professor and Canada Research Chair at the University of British Columbia, where she is the Director of the Program on Water Governance (www.watergovernance.ca). The mandate of the program is to spur policy innovation in water governance. Her team has worked in over a dozen countries on four continents.

John Coburn - Managing Director, XPV Water Partners & Director, FilterBoxx Water & Environmental Corp. John has over 40 years’ experience of leading, operating and investing in water and wastewater companies.

Howard Wheater - Director, Global Institute for Water Security. Professor Wheater holds the positions of Canada Excellence Research Chair in Water Security and Director, Global Institute for Water Security at the University of Saskatchewan, Canada, and Distinguished Research Fellow and Emeritus Professor of Hydrology at Imperial College, London, United Kingdom (UK). Global Institute for Water Security: www.usask.ca/water

About GLOBE 2016 Conference & Innovation Expo: http://www.globeseries.com/

GLOBE 2016 Conference & Innovation Expo (GLOBE 2016), is the next GLOBE event within the iconic GLOBE Series, North America’s largest and longest-running Conference and Exposition series dedicated to business innovation for the planet. A world-leading sustainability GLOBE Conference coupled with an exciting GLOBE Innovation Exposition, GLOBE™ is about relationship building to fuel your business. It’s about thinking outside the box. It’s where leaders come to devise winning strategies to conserve resources, ignite innovation, and develop ideas and partnerships that help them be more resilient, more efficient, and reduce risk.

Taking place every two years in Vancouver, Canada, GLOBE draws the ‘best and brightest’ of the international sustainable business community, making it an unsurpassed forum for learning and networking.

With an exciting vibe and an international flair, GLOBE is not only the undisputed thought leader worldwide, it’s where future markets are shaped, and public policy is fostered. It’s where innovators come and launch new ideas. Where Corporate America finds solutions. It is where you can begin lasting, high quality relationships that will enhance your business long into the future.

For 2016, we’ve sharpened our scope, strengthened our leadership team, and doubled down on our commitment to doing more of what GLOBE does best: Catalyzing collaborations between “unusual suspects” both on and off the stage.

About Investorideas.com 

InvestorIdeas.com - digital media global news source, PR and social media in leading sectors.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas

Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Sign up for free news alerts on water and renewable energy at Investorideas.com

http://www.investorideas.com/Resources/Newsletter.asp

Become an Investorideas.com Member and access our online stock directories listing thousands of publicly traded stocks in leading sectors including renewable energy and water stocks http://www.investorideas.com/membership/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

Contact Investorideas.com

800 665 0411