Oasys Water Appoints Bob Muscat as New Chief Executive Officer to Drive Commercialization

Oasys Water, Inc.

Oasys Water Appoints Bob Muscat as New Chief Executive Officer to Drive Commercialization

January 23, 2012

BOSTON -- Oasys Water, a leader in forward osmosis technology for desalination, brine recovery and water reuse, today announced the appointment of Bob Muscat as Chief Executive Officer. The appointment marks the beginning of the company’s commercialization phase.

“We are excited to bring Bob on board as we deploy our breakthrough technology into the global water market and look to him to set a long-term vision for the company”, said Jim Matheson, Chairman of the Oasys Water board of directors. “Oasys’ technology has exceeded our expectations, and with Bob’s leadership, the company will become a world leader in water desalination.”

Muscat brings nearly 30 years of experience across a diverse set of industries including power generation, manufacturing, and environmental services. As Oasys Water’s new CEO and member of the board of directors, Muscat will utilize his broad management skills in leading international companies into commercialization.

“I couldn’t be more excited to lead the Oasys team as we begin to realize our tremendous market potential,” said Bob Muscat. “Oasys has the ability to deliver a truly innovative technology that helps to provide safe and affordable clean water - and that is something I am very proud to be a part of.”

Prior to joining Oasys, Muscat served as general manager of GE Energy’s Environmental Services business. As the global business leader, he executed a turnaround strategy for the $500 million global unit and created a thriving business - generating record operating profits and fulfilling the goal of achieving consistent, top quartile business performance. Muscat received his Bachelor of Science from the Georgia Institute of Technology and earned a Masters of Business Administration from the Goizueta Business School at Emory University.

About Oasys Water, Inc.

Oasys Water leads the world in the development of forward osmosis based solutions for the treatment and desalination of high saline source waters. The company’s patented Engineered Osmosis™ platform significantly reduces the cost to produce clean water through efficient use of sustainable energy sources.

www.oasyswater.com

Contacts: 
Oasys Water
Nicholas Scricco, 617-963-0446
info@oasyswater.com