SKIN.L Share News (SKIN)

(Sharecast News) - Integumen has signed a memorandum of understanding with Detroit-based non-profit organisation Water Rising Institute, it announced on Wednesday, to enter a legally-binding three-year framework agreement.
The AIM-traded firm said the agreement, which would be executed on or before 18 November, was for the supply of $0.5m of equipment, consumables and services from ecowaterOS partners, for the management and real-time monitoring of water quality, initially in the Great Lakes Basin region of Michigan.

It described WaterRising Institute as a women-led nonprofit that accelerates real-time and sustainable management of water.

It said the organisation aims to develop a "state-of-the-art" early warning system for water quality monitoring, that provides real time alerts, enabling local authorities to identify the source of pollutants, while protecting citizens.

Under the proposed agreement, Integumen would act for and on behalf of the consortium parties of ecowaterOS technologies in the US, EU and associated states under the European Neighbourhood Policy, which provide products and services.

The appointment to manage the water systems would continue for three years, with an initial trial period of six months, and an annual renewal thereafter.

Integumen would act as WaterRising's agent to design, build, install and supervise the Detroit River AI Water Quality Project.

The project consisted of consortium parties of ecowaterOS technologies, with monitoring products to include ecowaterOS partner's 'Hydrolight', 'RAWTest', 'Microtox', 'OVA', 'PDV', 'RaPID Assay', 'EnviroGard', 'EnSys', 'QuickChek', 'AlgaeChek', 'BODChek', 'PetroChek'.

Integumen's 'Microtox PD' and 'Microtox BT Novel Sensors' would be used for the identification of pathogenic viruses, including the Covid-19-causing SARS-CoV-2.

"WaterRising Institute is an inspiring consortium driving recognition of the importance of clean water and we are delighted to be working alongside them in the DRAWQ Project," said chief executive officer Gerard Brandon.

"More than 35 million people rely on the Great Lakes for drinking water, jobs and their way of life and right now there are 90 Million cases of recreational waterborne illness per year, clearly demonstrating the need to rejuvenate the river.

"This work will enable Detroit to become the center of excellence for technology and systems for the measuring of water quality and we are proud to be a part of this drive for environmental change."

At the close on Wednesday, shares in Integumen were up 2.21% at 34.75p.