DE.MEM LIMITED — Capital/Financing Update 2017

Nov 22, 2017

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ASX RELEASE | De.mem Limited (ASX:DEM)

De.mem Wins New Contract Worth A$550,000

Highlights

• De.mem secures new contract in Queensland, Australia worth approximately A$550,000

• Project was won through De.mem’s 100%-owned subsidiary Akwa-Worx Pty Ltd

• De.mem will deliver water treatment systems to provide clean water to a $6 million vehicle washing facility

• De.mem will also provide operations and maintenance service for a 12 month period from handover

• New award brings total value of projects secured since August to over A$1.6 million

23 November 2017: Water and waste water treatment company De.mem (ASX:DEM) (“De.mem” or “the Company”)

is pleased to announce that it has secured a new contract worth approximately A$550,000. The project has been awarded to the Company’s 100%-owned subsidiary Akwa-Worx Pty Ltd (“Akwa-Worx) in Caboolture, Queensland, Australia.

De.mem’s scope of work includes the delivery and installation of two water treatment systems which will provide clean water to St Hilliers Property Pty Ltd’s $6 million Shoalwater Bay Training Area Vehicle Wash Point Facility project in Northern Queensland.

One of the systems will use Reverse Osmosis membranes (RO) as the main process step and the other will be based on a technology called Dissolved Air Floatation (DAF). The systems will incorporate De.mem group’s advanced automation technologies. The project scope also includes a minor service component for operations and maintenance of the systems over a period of 12 months from handover. The execution of the order starts with immediate effect.

This contract award brings the total contracts awarded to De.mem in the last four months to more than A$1.6 million. De.mem secured an A$500,000 contract for the sale of a water treatment plant in Vietnam in August 2017 and $A550,000 of new contracts in Queensland following the Company’s acquisition of Akwa-Worx in September 2017.

Andreas Kroell, Chief Executive Officer of De.mem :“The project award once again underlines the leading position of our 100%-owned subsidiary Akwa-Worx in Queensland. Furthermore, the delivery of this membrane-based water treatment system highlights our group’s technological excellence in the membrane space.”

Ends

For further information, please contact:

De.mem Limited	Corporate Enquiries	Media Enquiries
Andreas Kroell	Shane Wee	Julia Maguire
CEO	Director	Director
De.mem Limited	Alto Capital	The Capital Network
investor@demem.com.sg	shane@altocapital.com.au	julia@thecapitalnetwork.com.au
		+61 419 815 386

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About De.mem Limited

De.mem Limited (ASX:DEM) is a Singaporean-Australian decentralised water and waste-water treatment business that designs, builds, owns and operates water and waste water treatment systems for its clients. De.mem operates in the industrial segment providing systems and solutions to customers from the mining, electronics, chemicals, oil & gas and the food & beverage industries and in the municipal and residential segments. De.mem has licensed proprietary technologies from its partner in research & development Singapore’s Nanyang Technological University (NTU), including an exclusive worldwide license for a revolutionary low-pressure hollow fibre nanofiltration membrane. Through its wholly owned water and waste water treatment original equipment manufacturing (OEM) subsidiary AkwaWorx Pty Ltd, De.mem has a strong presence in Australia. Akwa-Worx has a market reputation for building high quality Australian designed and manufactured products and has long-term customers in the Australian mining industry. To learn more please visit: www.demembranes.com

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