DE.MEM LIMITED — Capital/Financing Update 2019

Apr 9, 2019

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

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De.mem Secures $2.8 million Desalination Project

10 April 2019: Water and waste water treatment company De.mem Limited (ASX:DEM) (“De.mem” or “the Company”) has secured an A$ 2.8 million order for the delivery of a desalination plant in Queensland.

The desalination plant is based on a “SWRO” (Sea Water Reverse Osmosis) process which includes Reverse Osmosis membranes for the removal of salt and Ultrafiltration membranes as a pre-treatment. The full system includes a new remineralisation package, and upgrades to the existing residual disinfection infrastructure. It has a capacity of 1.5 MLD (million litres per day).

The execution of the order starts with immediate effect and is expected to be completed prior to year end CY2019. The customer is Mulpha, a leading international infrastructure investor headquartered in Malaysia which has a number of operations in Australia.

Commentary

De.mem CEO Andreas Kroell said: “This new purchase order is another milestone project for De.mem and supports the positive outlook for CY 2019.

“The construction of a desalination plant requires extensive technical know-how, not only in the area of membranes, but also in process design, software and controls. As such, this order also underlines the trust that De.mem’s customers place into our strong technical capabilities.

“This order provides an excellent reference point for further growth and expansion domestically and internationally, and demonstrates that we are on track to strengthen our presence in the Australian water treatment market underpinned by market-leading technology.

“Tendering activity in the new CY is very solid and more new orders and contract renewals are anticipated.“

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For further information, please contact:

For further information, please contact:
De.mem Limited	Media & Investor Enquiries
Andreas Kroell	Six Degrees Investor Relations
CEO	Henry Jordan
De.mem Limited	+61 (0) 431 271 538
investor@demem.com.sg

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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 turn-key water and waste water treatment systems for its clients. The Company 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 makes use of a portfolio of proprietary hollow fibre membrane technologies, which are commercialized as a key component within the Company’s water and waste water treatment systems. Some of the technologies were originally developed by the De.mem’s partner in research & development, Singapore’s Nanyang Technological University (NTU), and exclusively licensed to the Company. Those include a revolutionary low-pressure hollow fibre nanofiltration membrane and a hollow fibre forward osmosis membrane for de-watering or concentration of liquids. Through its wholly owned subsidiary De.memAkwa Pty Ltd (formerly: Akwa-Worx Pty Ltd), De.mem has a strong presence in Australia. De.mem-Akwa has a market reputation for building high quality Australian-made water and waste water treatment systems and has long-term customers in the Australian mining, infrastructure and food & beverage industries. To learn more please visit: www.demembranes.com

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices or potential growth of De.mem Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forwardlooking statements depending on a variety of factors.

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