MWG.L Regulatory News (MWG)

AIM share code: MWG

18 June 2020

Modern Water PLC

("Modern Water" or "Company")

Modern Water rolls out surveillance data analytics online technologies

Modern Water, the global water crisis monitoring and solutions provider, announces its intention to strengthen its position in water monitoring by unveiling plans to roll out the latest technologies in data management, analytics and encryption to bring its business and its suite of water monitoring solutions online.

With the award winning Microtox range, capable of monitoring up to 2,700 contaminants, the system collates data that is analysed with built-in artificial intelligence to provide site specific educational insights and over time offers predictive capabilities when incorporated with external systems, such as aggregated weather data.

In addition, the Company has launched a fully integrated eCommerce solution with back-office and logistics platform, allowing clients and partners access to pricing, quotes, and equipment specifications. It has a built-in knowledge centre where 30 years of water contamination monitoring domain expertise is available to all users. Dedicated account areas for clients and partners also provide dashboards showing the live and near-time state of water monitoring sites including up to date information on consumables.

Simon Humphrey, CEO of Modern Water, commented:

"As part of the ecowaterOS[i] consortium and in collaboration with Integumen plc's data division, the Company now has the ability to increase remote surveillance capacity of clients' water contamination monitoring solutions to better protect water systems in a COVID19 world."

About Modern Water

Modern Water was established in 2006 to develop and commercialise water recovery technologies to counter water crisis problems arising from climate change and a growing global population. Having invested £20m over the last 14 years, the results comprise of a robust patent portfolio in cutting-edge technology, focussed on monitoring of contaminated water and decontamination of wastewater, making recycling of water more efficient. Six countries across the world have legislated that Modern Water monitoring test systems are written into their environmental protection legislation.