MVW: M Vest Water awarded contract from Downstream Marine AS

12 Dec 2024 15:26 CET

Bergen, Norway, December 12, 2024 -- M Vest Water (EURONEXT: MVW) today
announced that it has signed a contract for delivery of water treatment
equipment to Downstream Marine AS (DSM), Norway.

The equipment is to be delivered to a salmon slaughterhouse in Norway and
comprises a flotation unit and a system prepared for dosing of our natural
water treatment chemical NORWAFLOC®.

This new and modern treatment plant will be operational in the end of 2025.

The excellent collaboration with DSM has resulted in a total of five equipment
deliveries. This positions MVW as the preferred supplier of BAT solutions for
the treatment of salmon slaughterhouse wastewater.

"Yet another salmon slaughterhouse is making the necessary investments to
prepare its process plant for chemical treatment of blood water to meet the
new restricted discharge regulations in Norway. MVW also expects additional
recurring revenues from NORWAFLOC® sales," comments MVW's Executive Chairman
Tor Olav Gabrielsen.

Contact
For further information, please contact:

Morten Hilton Thomassen, CFO
mht@mvestwater.com
+47 92 25 85 70

About Us
M Vest Water is an environmental technology company which has developed unique
products and solutions to the water treatment industry, both Industrial as
well as the Municipal markets. The products are non-toxic, biodegradable and
without any harm to the environment. It obtains the highest degree of
purification in a cost-efficient arrangement.

M Vest Water is listed on Euronext Growth under the ticker MVW.
For more information, visit www.mvestwater.com.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2024-12-12 15:26 CET.

More information:
Access the news on Oslo Bors NewsWeb site

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