OAKLAND, Calif., Aug. 31, 2015 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS) ("Aqua Metals" or the "Company"), a developer of an electrochemical lead recycling technology, has retained MZ Group as its investor relations advisor.
"We selected MZ Group as our investor relations partner because of the breadth and depth of the consulting and technology services they provide," said Dr. Stephen Clarke, Chairman and CEO of Aqua Metals. "We are confident that MZ Group will provide strong support in conveying our disruptive technology story, including our business model, growth strategy, competitive advantages and value proposition to both shareholders and the investment community at large. We look forward to working with their team as we bring our patent-pending AquaRefining™ technology to market and build a company that can revolutionize the massive lead recycling industry."
MZ Group will assist Aqua Metals with communicating its corporate, financial and investor developments to shareholders, while helping the Company to build a strong public brand and diversify its investor base.
"Aqua Metals' technology is a potential game changer in the $22 billion global lead industry," said Ted Haberfield, President of MZ Group North America. "The Company's AquaRefining™ process can recycle lead batteries at a lower cost, in an environmentally conscious manner and operate at any scale, providing the flexibility to establish AquaRefineries in targeted geographic locations. The industry is expanding as battery storage solutions continue to proliferate, creating further demand for pure lead and having ISO 14000 certification will help further differentiate the company from lead produced from smelters around the world. This management team has an established track record of building enterprise value combined with significant domain technical expertise. We look forward to helping the Company explain the benefits of AquaRefining to the market and assisting with all aspects of their corporate communications and investor relations needs."
About Aqua Metals, Inc.
Aqua Metals, Inc. (NASDAQ: AQMS) has developed AquaRefining™, a modular electrochemical process that produces ultra-pure lead from used lead-acid batteries in an efficient and socially responsible manner. Unlike lead smelting (the current method of recycling lead-acid batteries), AquaRefining produces almost no emissions. AquaRefining also consumes much less total energy and is more cost effective than lead smelting. Aqua Metals has engineering offices in Oakland, California and is in the process of building commercial lead production AquaRefining facilities, the first of which will be near Reno, Nevada. For more information, please visit the Company's website at www.aquametals.com.
This press release contains forward-looking statements concerning Aqua Metals, Inc., including statements regarding the prospects for the lead acid battery recycling industry, the future of lead acid battery recycling via traditional smelters, the Company's development of its commercial lead acid battery recycling facilities and the quality, efficiency and profitability of the Company's proposed lead acid battery recycling operations. Those forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially. Among those factors are: (1) the fact that Company has not yet commenced revenue producing operations or developed its initial commercial recycling facility, thus subjecting the Company to all of the risks inherent in a pre-revenue start-up; (2) risks related to Aqua Metals' ability to raise sufficient capital, as and when needed, to develop and operate its recycling facilities; (3) changes in the federal, state and foreign laws regulating the recycling of lead acid batteries; (4) the Company's ability to protect its proprietary technology, trade secrets and know-how and (5) those other risks disclosed in the section "Risk Factors" included in the final prospectus filed by Aqua Metals with the SEC on July 31, 2015. Aqua Metals cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
Aqua Metals, Inc.
Steve Cotton, Chief Commercial Officer
MZ North America
Greg Falesnik, Senior Vice President
Aqua Metals, Inc.