The agreement licenses the use of HTI technology in Tri-Tech products as well as the products of others. In addition, Tri-Tech is licensed to distribute HTI’s Personal Hydration Products. Tri-Tech and HTI are currently working together to prepare a proposal for a landfill leachate treatment project in North China. Both companies will work closely and develop technology and engineering expertise in municipal and industrial wastewater treatment and reuse, water purification, seawater desalination, and sludge concentration and dewatering.
According to the agreement, which covers sales within the People’s Republic of China, Tri-Tech will sell and integrate the HTI licensed technology such as forward osmosis (FO) modules into complete system packages with related ancillary services including engineering, management, construction, design and consulting. The agreement licenses the use of HTI technology in Tri-Tech products as well as the products of others. In addition, Tri-Tech is licensed to distribute HTI’s Personal Hydration Products.
The parties anticipate that it will be necessary for purposes of testing, sales demonstration and customer evaluation that Tri-Tech construct and operate one or more FO pilot units incorporating the licensed technology. Tri-Tech is authorized and licensed to construct and operate such pilot units in both municipal and industrial sites for wastewater treatment testing, demonstration and evaluation.
HTI’s FO technology is unfamiliar to most wastewater engineers and requires a specialized knowledge set that must be developed over time and experience with the products. For an initial period of one year, HTI will provide on-site application engineering support and training to Tri-Tech’s engineers, as needed, on a project-by-project basis, at a reduced rate plus expenses at cost without markup.