Desert Control AS

Regulatory Filings • Nov 8, 2024

Desert Control Secures Binding Agreement with Berkeley Country Club for Golf Course Deployment of its Water Conservation Technology

Desert Control Secures Binding Agreement with Berkeley Country Club for Golf Course Deployment of its Water Conservation Technology

Sandnes, Norway, 8 November 2024 - Desert Control AS ("DSRT" or "the Company"),

a leader in soil and water conservation technology, has signed an agreement

through its U.S. subsidiary, Desert Control Americas Inc., with Berkeley Country

Club for the phased deployment of Desert Control's water conservation technology

at the Country Club's prestigious golf course located in the Berkeley Hills

above the community of El Cerrito, California.

This agreement, subject to successful initial validation phases, aims to

implement Desert Control's water conservation technology across the entire 63

-acre golf course. This marks a significant milestone for Desert Control, as its

first commitment to a full-course deployment in the United States.

The agreement's structure includes initial validation stages to ensure the

technology's efficacy on Berkeley Country Club's golf course. Based on

successful outcomes, full deployment is anticipated in the second half of 2025.

The agreement is based on an outcome-based business model that generates monthly

recurring revenue (MRR) for Desert Control calculated on achieved water savings.

Subject to the successful outcome, the contract value over the initial five-year

agreement term has the potential to exceed NOK 6 million for the Company, with

significant economic value creation for Berkley Country Club driven by future

water savings.

"Our collaboration with Berkeley Country Club is a milestone in bringing Desert

Control's water conservation solutions to the U.S. golf market," said Ole

Kristian Sivertsen, CEO of Desert Control. "We are honored to partner with this

prestigious golf club driven by shared goals to achieve substantial water

savings, economic, and sustainability benefits, providing the golf industry with

a leading example of progress on the path toward responsible resource management

and an even greener sport."

"We are excited to partner with Desert Control in pioneering a sustainable

future for the golf industry," said Jeff Perry, General Manager of Berkeley

Country Club. "We are strongly committed to environmental stewardship and the

responsible use of water and natural resources. By adopting Desert Control's

innovative water conservation solution, we aim to improve water retention in the

soil, allowing us to irrigate less frequently without changing the course's turf

conditions. By using less water, we benefit both the environment and our bottom

line."

Desert Control's technology enhances soil's long-term water-holding capacity,

allowing golf courses to reduce irrigation needs while maintaining turf quality.

This aligns with the industry's growing focus on sustainable practices and

operational cost efficiency.

For more information, please contact:

Ole Kristian Sivertsen

President and Group CEO

Email: oks@desertcontrol.com

Mobile (NOR): +47 957 77 777

Mobile (USA): +1 650 643 6136

Cautionary Note:

Disclaimer related to forward-looking statements. This release contains forward

-looking information and statements relating to the business, performance, and

items that may be interpreted to impact the results of Desert Control and/or the

industry and markets in which Desert Control operates.

Forward-looking statements are statements that are not historical facts and may

be identified by words such as "aims," "anticipates," "believes," "estimates,"

"expects," "foresees," "intends," "plans," "predicts," "projects," "targets,"

and similar expressions. Such forward-looking statements are based on current

expectations, estimates, and projections, reflect current views concerning

future events, and are subject to risks, uncertainties, and assumptions, and may

be subject to change without notice. Forward-looking statements are not

guarantees of any future performance, and risks, uncertainties, and other

important factors could cause the actual business, performance, results, or the

industry and markets in which Desert Control operates to differ materially from

the statements expressed or implied in this release by such forward-looking

statements.

No representation is made that any of these forward-looking statements or

forecasts will come to pass or that any forecasted performance, capacities, or

results will be achieved. Readers are cautioned not to place any undue reliance

on any forward-looking statements.

About Desert Control:

Desert Control develops innovative solutions to enhance soil health, conserve

water, and promote ecosystem resilience. The company's mission is to combat

desertification, soil degradation, and water scarcity. Our patented soil and

water conservation solution transforms sandy, fast-draining soils to retain

water and nutrients, improving soil and plant health, yields, and ecosystem

vitality while saving water. Desert Control provides customized solutions to

strengthen sustainability, profitability, and prosperity for agriculture,

forests, and green landscapes. In collaboration with partners and clients, we

aim to preserve natural resources, restore biodiversity, enhance food security,

and ensure a climate-resilient future.

For more information, visit https://www.desertcontrol.com