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AAA - ArcAroma AB News Story

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Last Trade - 05/05/21

Sector
Industrials
Size
Micro Cap
Market Cap £29.5m
Enterprise Value £27.0m
Revenue £230k
Position in Universe 1266th / 1831

Arc Aroma Pure AB: 180809 oliveCEPT® delivery to Italy

Thu 9th August, 2018 7:30am
Arc Aroma Pure AB: 180809 oliveCEPT® delivery to Italy

Press release 2018-08-09

  

Arc Aroma Pure AB ("ArcAroma") has reached an agreement to deliver on oliveCEPT® unit to Oleificio Conti Emilio, Italy. The client will rent the oliveCEPT® system and have the option to buy the unit during 2019. The revenue 2018 is based on the production volume.

I am pleased to announce our cooperation with Emilio Conti, who initially gained interest in our technology as he was operating the oliveCEPT® for our customer in Chile. The Italian market differs substantially from our other active markets as the production plants in general are smaller, we are therefore currently refining our business model to suit the Italian market even better, says Johan Möllerström, CEO of ArcAroma.

 

Delivery will take place in October, a couple of weeks prior to the start of the harvest season in the region. Installation, integration and start up will be handled by the customer with the support from ArcAroma.

 

For more information, please contact:

Johan Möllerström, CEO

(+46) 768 - 86 81 78

johan.mollerstrom@arcaroma.com

 

This information is such information that Arc Aroma Pure AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set above, at August 9, 2018 at 08:30 CET.

 

About Arc Aroma Pure AB (publ)
Arc Aroma Pure has developed a way to control electrical pulses that provide a high energy yield. The CEPT® platform, which is a generator, uses the technology of biogas, sewage treatment and extraction. The platform uses short-term high-voltage pulses that blow the cell membrane and kill unwanted microorganisms. Efficiency of biogas production and the introduction of new raw materials that can not be used today are in focus. Water, ballast water and liquid foods are examples of other CEPT® applications. Founded in 2008, the company is based in Lund, with offices in Shanghai, and has received various awards and support from, among others, Vinnova and the Swedish Energy Agency. Arc Aroma Pure's shares are listed on NASDAQ First North Premier. Erik Penser Bank is Certified Adviser and is available at 08-463 80 00. www.arcaroma.com.

 




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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Arc Aroma Pure AB via Globenewswire

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