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Ann: Emefcy Signs 2nd Ethiopia Contract for Wastewater Treatment, page-2

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    Melbourne, Australia and Caesarea, Israel: Emefcy Group Limited (ASX: EMC), a global leader in energy-
    efficient wastewater treatment solutions, today announced the signing of its second contract in Ethiopia.
    In collaboration with its local partner TodayTomorrow Ventures Inc. (“TTV”), the company will supply its
    proprietary technology for a new wastewater treatment plant for a large residential compound in Addis
    Ababa. When complete later this year, the plant will replace the existing septic systems with an energy-
    efficient, reliable, and neighbourhood-friendly treatment and reuse system. The contract will generate
    revenue of approximately US$400,000 to Emefcy.

    The plant will utilize Emefcy’s proprietary Membrane Aerated Biofilm Reactor (“MABR”) wastewater
    treatment system, an ideal solution for medium-sized applications in developing markets. The Emefcy
    MABR solution is anticipated to appreciably improve the quality of life for residents and serve as a
    strategic reference site for customers in Ethiopia, Africa and throughout the developing world.

    “This Emefcy plant is a model for the benefits we can deliver for the people of Ethiopia. At a low cost,
    untreated sewage can be turned into high-quality recycled water,” said Ilan Wilf, Emefcy’s Vice President
    of Sales. “Existing septic systems throughout the country are often unreliable, overflowing and not
    environmentally friendly. In Addis Ababa alone, existing plants treat less than 10% of the estimated
    wastewater, resulting in the discharge of much untreated sewage. The Emefcy MABR solution can
    improve quality of life by protecting the local living environment while creating a low-cost supply of water
    for non-consumption uses.”

    Emefcy and TTV will build the plant at the EPRI 1 condominium complex in Addis Ababa. The plant will
    treat half the wastewater from this complex of 32 buildings and 7,000 residents, replacing the current
    unreliable septic tanks with onsite wastewater recycling to irrigate the neighbourhood’s landscaping. TTV
    and Emefcy are also working together on the previously announced wastewater treatment plant at Ayder
    Hospital, Mekele University in Tigray, Ethiopia, which is now under construction.

    "We are excited to win this second contract with Emefcy to bring their innovative, reliable and highly
    efficient wastewater treatment system to Ethiopia’s capital,” said Mark Gelfand, TTV’s lead investor. “We
    expect this to showcase how Emefcy’s technology can address the urgent need for modern, cost-effective
    and energy-efficient wastewater treatment in Addis Ababa and all over the country, thereby improving
    people’s lives by ensuring high-quality, odourless wastewater treatment and allowing safe reuse of the
    treated water.”

    Based on the current design specification, the MABR-based system will treat 185,000 litres per day; and
    is scheduled to be commissioned in Q3 this year.

    “We expect the EPRI 1 plant to become an excellent reference site for customers in Ethiopia, throughout
    the continent and indeed the developing world,” said Richard Irving, Executive Chairman of Emefcy. “We
    are pleased that our technological innovation can improve people’s lives at a low cost while driving our
    growth.”
 
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