UAT Group Affiliate, H2O Processing Joins State of Colorado Water Initiative

July 20, 2021 8:00 AM EDT

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Denver, CO, July 20, 2021 (GLOBE NEWSWIRE) -- Umbra Applied Technologies Group, Inc (OTC Pink: UATG) subsidiary, H2O Processing, Inc., a water treatment and environmental company, announced today that the Colorado Department of Public Health & Environment has invited it to join the State of Colorado in developing a water reuse program as well as regulations in support of its clean and direct potable reuse (DPR) water initiative. The Colorado Department of Public Health & Environment will host virtual stakeholder meetings with public members and regulated entities to obtain feedback and begin drafting a DPR rule within the Colorado Primary Drinking Water Regulations (Regulation 11).

Chief Executive Officer, Stan Abrams stated, “We at H2O Processing stand ready to lend support, expertise and technology in furtherance of the state of Colorado’s Water Plan wherever and whenever we can. As many know, water treatment is our expertise, our passion and our technology is unrivaled. We look forward to assisting the State of Colorado in preserving its natural resources”.

The department's plan lays out strategies to address projected gaps in water supply, demand, and direct potable reuse (DPR) as one of those strategies. DPR involves an extensive public outreach process and the installation of advanced water purification steps to ensure that wastewater can be safely reused for drinking water. There are no system-wide or regularly used DPR systems in Colorado currently, but some utilities have pilot projects to showcase DPR's ability to address water needs for future generations. With a projected doubling of its population over the next three decades, water supply and conservation must become a top priority for Colorado if it expects to meet the upcoming demands of its residents.

H2O Processing has a history of assisting States in drafting water remediation regulations. In 2015, the company assisted the state of Oklahoma in drafting its regulations that outlined the treatment of deleterious water to non-deleterious water for agricultural use. H2O Processing currently holds the only permit in the state, for releasing treated water back “on ground”. The current Oklahoma permit specifically references H2O Processing’s proprietary technology as the standard to be met for permit issuances. The company has since been the go-to experts to treat water and assist with regulations.

Chairman of H2O Processing parent company, UAT Group, Alex Umbra commented, “We believe this to be a crucial first step in working with the government to address a critically overlooked threat to our environment. The advanced water treatment technology developed by Stan and his team, in conjunction with their more than four decades of expertise, will serve to bolster the State of Colorado’s commitment to conservation. Providing Colorado with the support it needs to draft regulation and preserve our natural resources is more than a business model; it is a responsibility we are privileged to contribute to”.

H2O Processing will assist in assessing input water versus clean output potable water, as well as options for waste byproduct usage and disposal. The Colorado Department of Public Health & Environment expects to have Regulations in final form over the next 3-6 months with Regulations being put in place by Q1 2022.

Chief Operating Officer, Brett Abrams said, “It is our hope that this project with our home state will serve as an example to local and Federal agencies that our technology is the solution they have been looking for”.

For more information about H2O Processing, Inc. visit: https://h2oprocessing.com/

For more information, visit www.uatgroup.com

Investor and Media Contact: UAT Group at: info@uatgroup.com  

About H2O Processing, Inc.

The company is located in Denver, CO, and is an advanced water treatment technology company.

NEITHER THE SECURITIES EXCHANGE COMMISSION NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Forward-Looking Information

This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and/or a secondary listing as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are

subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of H2O Processing including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. H2O Processing does not assume the obligation to update any forward-looking statement, except as required by applicable law.

Primary Logo

Source: Umbra Applied Technologies Group, Inc.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Globe Newswire, Press Releases

Related Entities

IPO