Epuramat: Bogdan Serban becomes new CEO at Epuramat

Contern, 22 July 2010 – Bogdan Serban has been appointed new CEO at the cleantech company Epuramat. The start-up and managerial experience of the new CEO will play a pivotal role in bringing Epuramat's wastewater treatment system to the market. In this function Bogdan takes responsibility for the company management and will become new member of the Board of Directors.

With this decision, the Luxembourgish cleantech company Epuramat relies on Bogdan Serban’s many years of experience in the management of start-up companies. During his career, Bogdan was crucially involved into the development of IEE S.A. which has been founded in 1989. Today, the company is a global leader in automotive safety sensing systems with worldwide more than 1,400 employees. He developed several technical innovations for IEE which have been patented and successfully marketed. Bogdan graduated from Polytechnic Institute of Bucharest with a master degree in electronics and telecommunications. His technical background represents an additional significant gain for Epuramat to continue the company’s growth.

Pitt Pirrotte, investor of Epuramat since the beginning of this year: “With Bogdan Serban we gain an internationally proved manager.” Robert Dennewald, Angel Investor of the company: “I warmly welcome Mr. Serban at Epuramat. By means of his substantial know-how in the areas of business expansion and technical research and development, he will place new strategic emphasises. This will strengthen the position of Epuramat as an emerging cleantech company. I would like to thank David Din for his pioneering work and tireless dedication to Epuramat.”

Previous CEO and co-founder David Din steps out of the operative business of the company to start a new venture and remains shareholder. David comments: “As a shareholder, I am confident that Bogdan’s breadth of experience and strong leadership skills will turn Epuramat into a big hit”. Addressing the company’s development, Bogdan emphasizes: “David's vision and relentless efforts have been quintessential to the establishment of Epuramat on the international cleantech scene. We are now able to build upon this foundation the future steps of the company's growth.”

About Epuramat

Founded in 2005 in Luxembourg, Epuramat S.A. is a specialist and pioneer in innovative water and wastewater treatment solutions. Its patented ExSep® (Extreme-Separator) pre-treatment solution uses fluid dynamics, with no moving parts, to separate solid matter from liquid, enabling wastewater to be more easily and more efficiently processed or recycled. Epuramat systems can be used in a variety of municipal and industrial applications, including treating wastewater from remote communities for direct discharge into open surface water; separating oil from water; treating industrial water for re-use; and treating digestate wastewater resulting from biogas production. The Epuramat plants are currently in operation in Europe, the US and Canada.

For more information, see www.epuramat.com.

If you have any question please feel free to contact Birgit Manzoni:

Mail: birgit.manzoni@epuramat.com

Phone: +352 35 70 72 40