Basin Water, Inc. (NASDAQ:BWTR) announced today the appointment of Mr. James C. Spain to the position of Southwest Regional Vice President. The appointment is another step forward in the company�s plan to provide local support for its customers and nationwide expansion through the establishment of five sales regions serving the potable water market. Mr. Spain is the second named Regional Vice President for Basin Water, and will oversee all of the company�s sales and service operations for the southwestern states of Colorado, Texas, New Mexico, Oklahoma, Kansas, Nebraska, Missouri, Arkansas, and Louisiana. Mr. Spain has served Basin Water since 2007 as Director of Process Engineering, and brings a dynamic combination of technical and logistical expertise to the task of developing Basin Water�s business in this region. He will be located in Houston, Texas. According to Michael M. Stark, President and Chief Executive Officer of Basin Water, Mr. Spain�s appointment will bolster the company�s efforts to provide innovative, reliable water treatment solutions to all of its customers in the region. �Basin Water�s expansion into new territories, new markets and new technologies has progressed effectively so far, largely due to our finding top-notch people to guide its progression,� Stark said. �With his extensive expertise in process design and logistics, product reclamation from waste streams and service to the refining industry, James Spain is an ideal fit to lead our business in this region. He also brings the sales and management savvy necessary to run the region efficiently and ensure our customers of the best water treatment technology and service available,� he added. Prior to serving at Basin Water, Mr. Spain held the position of Vice President, Operations at MPR Services, Inc. (a subsidiary of Tessenderlo Kerley, Inc.) where he managed operations for the refining services company that provided solvent reclamation services to the refining, petrochemical, gas and steel industries. During his tenure he oversaw a significant expansion of the company�s mobile services business and plant processing sites, resulting in an increase in operating rate of return from 0% to 20%. Mr. Spain also worked at Tessenderlo Kerley, Inc. as Regional Plant Manager, South Region, with a broad range of duties including supervision of operations, shipping, engineering and safety/environmental departments, quality control laboratory and administrative office. He also served as a Project/Process Engineer at Tessenderlo Kerley headquarters in Arizona and assisted in plant design, expansion, start-up and process development. The Basin Water business model of low lifecycle cost solutions for potable water supplies � providing proprietary, customized technology on a service basis supported by performance guarantees � has achieved acceptance with both public and private potable water systems, primarily in the Southwestern United States. The company is in the process of developing a larger, national presence in both the potable water and in the industrial water market, utilizing the same business model while offering customers a wider range of technology. A key element of the growth plan is establishing five municipal and one industrial sales region across the country. This will allow the company to provide close, local attention to customers� needs and to achieve economies of scale, while also identifying new business opportunities that are region-specific. �Basin Water�s focus has always been on the delivery of low lifecycle cost technology+service solutions that are tailored to meet our customer�s needs at the site. We back our solutions with a performance guarantee because we are confident in the ability of our technical and service personnel to get the solution right every time,� Stark said. �James Spain is an excellent example of the deep technical and market understanding that we offer our customers, and we�re proud and excited to have him guiding our growth in this important region,� he continued. In addition to his tenure at Tessenderlo Kerley and its subsidiary, Mr. Spain served for two years as a Process Engineer at ARCO Chemical Company while earning his B.S. in Chemical Engineering from Texas A&M University. He resides in Kingwood, TX. About Basin Water Basin Water, Inc. is a provider of reliable, long-term process solutions for a range of clients, which includes designing, building and implementing systems for the treatment of contaminated groundwater, the treatment of wastewater, waste reduction and resource recovery. Basin Water employs treatment technologies including its own proprietary, scalable ion-exchange wellhead treatment system, along with a host of other treatment technologies designed to meet customer needs in an efficient, flexible and cost-effective manner. Additional information may be found on the company's web site: www.basinwater.com. Forward Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, including expectations relating to future revenues and income, the company's ability to gain new business and control costs, involve risks and uncertainties, as well as assumptions that, if they prove incorrect or never materialize, could cause the results of the company to differ materially from those expressed or implied by such forward-looking statements. Actual results may differ materially from these expectations due to various risks and uncertainties, including: the company's limited operating history, significant operating losses associated with certain of the company's contracts, the company's ability to identify and consummate other acquisition opportunities that improve the company's revenues and profitability, significant fluctuations in its revenues from period to period, its ability to effectively manage its growth, the success of the company's strategic partners, its long sales cycles, market acceptance of its technology, the geographic concentration of its operations and customers, its ability to meet customer demands and compete technologically, the company's ability to protect its intellectual property, regulatory approvals of the company's systems, changes in governmental regulation that may affect the water industry, particularly with respect to environmental laws, the company's ability to attract and retain qualified personnel and management members, the company's ability to manage its capital to meet future liquidity needs, changes in the Company�s management and board of directors and the timing of the company's stock repurchases, if any. More detailed information about these risks and uncertainties are contained in the company's filings with the Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended December 31, 2007 and subsequent Quarterly Reports on Form 10-Q. The company assumes no obligation to update these forward-looking statements to reflect any change in future events.
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