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SEER’S MV TECHNOLOGIES RECEIVES NEW SYSTEM AND MEDIA REPLACEMENT CONTRACTS FOR $1.4MM AND INCREASES RECURRING ANNUAL MEDIA SUPPLY CONTRACTS

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Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR) has announced significant new contracts for its subsidiary, MV Technologies. The company has secured orders totaling approximately $1.4 million for H2S removal systems and media replacement. Notable contracts include:

1. A $600,000 system for a major potato processor
2. Two $400,000 systems for the dairy industry
3. A $240,000 system from a leading wastewater engineering firm
4. A $200,000 system for a recycled containerboard producer

Additionally, MV Technologies received $700,000 in orders for replacement and initial-install media. These contracts are expected to generate recurring annual media supply revenue, with the potato processor system alone requiring about $200,000 per year in media replacement.

Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR) ha annunciato contratti significativi per la sua filiale, MV Technologies. L'azienda ha ottenuto ordini per un totale di circa 1,4 milioni di dollari per sistemi di rimozione di H2S e sostituzione dei materiali. Tra i contratti più importanti ci sono:

1. Un sistema da 600.000 dollari per un importante produttore di patate
2. Due sistemi da 400.000 dollari per l'industria lattiero-casearia
3. Un sistema da 240.000 dollari da un'azienda leader nel campo dell'ingegneria delle acque reflue
4. Un sistema da 200.000 dollari per un produttore di cartone riciclato

Inoltre, MV Technologies ha ricevuto ordini per 700.000 dollari per materiali di sostituzione e installazione iniziale. Si prevede che questi contratti genereranno entrate annuali ricorrenti dalla fornitura di materiali, con il sistema per il produttore di patate che richiederà da solo circa 200.000 dollari all'anno per la sostituzione dei materiali.

Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR) ha anunciado contratos significativos para su filial, MV Technologies. La empresa ha asegurado pedidos por un total de aproximadamente 1,4 millones de dólares para sistemas de eliminación de H2S y reemplazo de medios. Los contratos destacados incluyen:

1. Un sistema de 600.000 dólares para un importante procesador de patatas
2. Dos sistemas de 400.000 dólares para la industria láctea
3. Un sistema de 240.000 dólares de una empresa líder en ingeniería de aguas residuales
4. Un sistema de 200.000 dólares para un productor de cartón reciclado

Adicionalmente, MV Technologies recibió 700.000 dólares en pedidos para medios de reemplazo e instalación inicial. Se espera que estos contratos generen ingresos anuales recurrentes por suministro de medios, con el sistema para el procesador de patatas que requerirá solo alrededor de 200.000 dólares al año en reemplazo de medios.

Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR)가 자회사 MV Technologies를 위한 중요한 신규 계약을 발표했습니다. 이 회사는 H2S 제거 시스템 및 매체 교체를 위한 약 140만 달러의 주문을 확보했습니다. 주요 계약은 다음과 같습니다:

1. 주요 감자 가공업체를 위한 60만 달러 시스템
2. 낙농업계를 위한 두 개의 40만 달러 시스템
3. 주요 폐수 엔지니어링 회사로부터의 24만 달러 시스템
4. 재활용 판지 제조업체를 위한 20만 달러 시스템

또한 MV Technologies는 교체 및 초기 설치 매체에 대한 70만 달러의 주문을 받았습니다. 이러한 계약은 연간 반복적인 매체 공급 수익을 창출할 것으로 예상되며, 감자 가공업체 시스템만으로도 매체 교체에 약 20만 달러가 매년 필요합니다.

Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR) a annoncé de nouveaux contrats significatifs pour sa filiale, MV Technologies. L'entreprise a sécurisé des commandes totalisant environ 1,4 million de dollars pour des systèmes d'élimination de H2S et de remplacement de matériaux. Parmi les contrats notables, on trouve :

1. Un système à 600 000 dollars pour un important transformateur de pommes de terre
2. Deux systèmes à 400 000 dollars pour l'industrie laitière
3. Un système à 240 000 dollars d'une entreprise d'ingénierie des eaux usées reconnue
4. Un système à 200 000 dollars pour un producteur de carton recyclé

De plus, MV Technologies a reçu 700 000 dollars en commandes pour des matériaux de remplacement et d'installation initiale. Ces contrats devraient générer des revenus annuels récurrents de fourniture de matériaux, le système pour le transformateur de pommes de terre nécessitant à lui seul environ 200 000 dollars par an pour le remplacement des matériaux.

Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR) hat bedeutende neue Verträge für ihre Tochtergesellschaft MV Technologies bekannt gegeben. Das Unternehmen hat Bestellungen im Gesamtwert von etwa 1,4 Millionen Dollar für H2S-Entfernungssysteme und Materialersatz gesichert. Zu den bemerkenswerten Verträgen gehören:

1. Ein 600.000-Dollar-System für einen großen Kartoffelverarbeiter
2. Zwei 400.000-Dollar-Systeme für die Milchindustrie
3. Ein 240.000-Dollar-System von einer führenden Wasserbau-Firma
4. Ein 200.000-Dollar-System für einen Hersteller von recyceltem Karton

Darüber hinaus erhielt MV Technologies Bestellungen im Wert von 700.000 Dollar für Ersatz- und Erstinstallationsmaterialien. Es wird erwartet, dass diese Verträge wiederkehrende jährliche Einnahmen aus der Materialversorgung generieren, wobei das System für den Kartoffelverarbeiter allein etwa 200.000 Dollar pro Jahr für Materialersatz benötigt.

Positive
  • Secured new contracts totaling $1.4 million for H2S removal systems and media replacement
  • Received a $600,000 order from a major potato processor, their second purchase
  • Gained two $400,000 contracts in the dairy industry
  • Obtained a $240,000 system order from a leading wastewater engineering firm, their fifth PO in the last year
  • Acquired a $200,000 contract from a recycled containerboard producer, their fourth project in recent years
  • Received $700,000 in orders for replacement and initial-install media
  • Expecting recurring annual media supply revenue, with one system requiring $200,000 per year in media replacement
Negative
  • None.

BROOMFIELD, CO, July 24, 2024 (GLOBE NEWSWIRE) -- Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), a provider of environmental, renewable fuels and industrial waste stream management services, recently had its wholly-owned operating company, MV Technologies, receive several new contracts to design and supply its H2S removal systems and also supply media replacement at multiple installations throughout the US.

The large system has been ordered by one of the nation’s largest potato processors with the system being installed in the northwestern US. The large system order totals approximately $600,000 for the design and supply of the equipment for its proprietary H2SPlus H2S removal systems. This is the second H2SPlus system purchased by this customer. This system will utilize approximately $200,000 per year of replacement media.

Two other systems, totaling approximately $400,000 are being placed in the dairy industry; one on the West Coast and the other in the Midwestern US. This is the second and third system purchased by this wastewater treatment engineering firm.

MV has also received another purchase order for a $240,000 system from one of the largest wastewater engineering design firms in the world. This is the fifth PO issued by this engineering firm in the last year to MV Technologies. MV’s has a solid, fifteen-year relationship with this organization with numerous H2S scrubbers placed into service throughout the US and Canada.

Earlier in the year, MV received a PO for approximately $200,000 from a producer of 100% recycled containerboard. This is the fourth project MV has supplied to this company in the last couple of years.

MV also recently received multiple purchase orders totaling approximately $700,000 over the last several months for its replacement and initial-install media.

As with all MV’s customers, MV engineers analyze the site-specific conditions and gas parameters to ensure the customer has the most efficient and cost-effective solution for their application. MV offers several different iron oxide-based medias in many different configurations and is not reliant on a single media solution or design to address the array of H2S management projects.

“Each project becomes a valuable addition to the more than 145 existing projects already in MV Technologies’ portfolio throughout North America,” said Tom Jones, President of MV. “We are continuing to bid on multiple projects throughout North America and expect to receive additional system during 2024,” said Jones.

“As previously announced, MV has multiple systems currently installed and operating at some of the nation’s largest landfill operations as well as food, beverage and agricultural biogas facilities. These recent orders underscore the efficacy and success of SEER’s proprietary biogas treatment technology,” Jones concluded.

________________________________

About Strategic Environmental & Energy Resources, Inc.
Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), identifies, secures, and commercializes patented and proprietary environmental clean technologies in several multibillion-dollar sectors (including oil & gas, renewable fuels, and all types of waste management, both solid and gaseous) for the purpose of either destroying/minimizing hazardous waste streams more safely and at lower cost than any competitive alternative, and/or processing the waste for use as a renewable fuel for the benefit of the customers and the environment. SEER has two wholly-owned operating subsidiaries: MV Technologies, LLC and SEER Environmental Materials, LLC; and two majority-owned subsidiaries: Paragon Waste Solutions, LLC; and PelleChar, LLC. For more information about the Company visit: www.seer-corp.com.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates," and other terms with similar meaning. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. Statements in this press release regarding future performance or fiscal projections, the cost effectiveness, impact and ability of the Company's products to handle the future needs of customers are forward-looking statements. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.

Contact Information:
ir@seer-corp.com


FAQ

What is the total value of new contracts received by SEER's MV Technologies?

SEER's MV Technologies received new contracts totaling approximately $1.4 million for H2S removal systems and media replacement.

Which industries are purchasing SEER's (SENR) H2S removal systems?

SEER's H2S removal systems are being purchased by companies in the potato processing, dairy, wastewater treatment, and recycled containerboard industries.

How much recurring annual revenue is expected from media replacement for the potato processor's system?

The potato processor's system is expected to generate approximately $200,000 per year in recurring revenue from media replacement.

How many H2S removal systems has MV Technologies installed to date?

According to the press release, MV Technologies has over 145 existing projects throughout North America.

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