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Great Southern Water Treatment Inc. - Water Purification And Filtration Systems
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Press Releases

-05/10/06

Puronics Acquires IONICS Consumer Water Group

Livermore, California, May 10 , 2006 -- Puronics, Incorporated today announced that it has acquired the Ionics Consumer Water Group from GE Water & Process Technologies, a unit of General Electric Company (NYSE: GE). The Puronics Consumer Water Group is a U.S.-based manufacturer of home and commercial water treatment products. GE acquired the Ionics Consumer Water Group through it’s acquisition of Ionics, Inc in 2005. The terms of the transaction were not disclosed.

Known for its innovation, product quality and design, Ionics Consumer Water Group offers some of the most technically advanced water treatment products on the market and has strong retail distribution for its products. Puronics is a leading consumer water brand in North America. The transaction does not impact GE’s marketing of ultrapure water services for desalination, water reuse and & recycling and industrial applications.

"Through this acquisition, we see a tremendous opportunity to expand the Puronics Consumer business globally, using Puronics proven ability to design, manufacture and market high quality consumer water products,” said Scott A. Batiste, President of the Puronics Consumer Water Group. Mr. Batiste will continue to lead the business and has been named Chairman and CEO of Puronics, Incorporated.

The Puronics consumer product portfolio includes a broad range of water treatment products for homes and businesses using technologies such as water conditioning, filtering, micro-filtration, ultra filtration, bacteriostatic carbon filtration, reverse osmosis and ultra violet disinfection.. It was founded in 1947 and continued as part of Ionics, Incorporated and General Electric through 2006. As a leader in the consumer water category, Puronics Consumer Water Group will bring innovative products, an experienced management team and strong distribution to the Puronics business.

Puronics, Incorporated, headquartered in Livermore, California, is a diversified manufacturing and financial services company, focused on solving the world’s water problems for consumers and businesses.


-11/08/06

Mark H. Cosmez II as Chief Financial Officer

LIVERMORE, CA – November 8, 2006 –Puronics, Incorporated, a leading manufacturer of water treatment systems for the consumer and commercial markets, today announced the appointment of Mark H. Cosmez II as Chief Financial Officer.

"Mark has a proven track record in leading manufacturing and service companies and we are very excited about this addition to the management team," said Scott Batiste, chairman and CEO of Puronics. "Mark's diverse financial and operating expertise, combined with his breadth of experience in manufacturing will play an instrumental role at Puronics. His contributions will be invaluable as we continue to expand our Ionics Consumer Water business and move into a new phase of market growth."

Mr. Cosmez brings 30 years of financial experience from public companies as well as several high-growth corporations. He served most recently as vice president and CFO of Giga-tronics Incorporated, a leading manufacturer of instruments, sub-systems and sophisticated microwave components that have broad applications in both commercial and military wireless telecommunications systems. Prior to that, he served as CFO at Pacific Bell, Public Communications Division. He has also held senior financial positions at International Microcomputer Software, Inc. and Measurex Corporation. Mr. Cosmez received his B.A. degree in Chemistry and a Master’s degree in Accounting from the California State University of Hayward. He is also a certified public accountant.

About Puronics

Puronics, Incorporated, headquartered in Livermore, California, is a leading manufacturer of consumer and commercial water treatment products. Puronics technologies include ion exchange, bacteriostatic filtering, micro-filtration, ultra-filtration, carbon filtration, reverse osmosis and ultra-violet disinfection. Companies use Puronics solutions for manufacturing processes and pre-treatment of boilers, hot water heaters, dishwashers, steam-handling equipment as well as other water using devices. For more information visit www.puronics.com or call 925-456-7000