TIDMAFS

RNS Number : 4877E

Amiad Water Systems Ltd

04 November 2015

Netafim(TM) to Exclusively Market Amiad Arkal Disc Filtration Solutions

Agreement continues longstanding collaboration between global irrigation and filter leaders

TEL AVIV, November 04, 2015 - Netafim, the global leader in smart irrigation solutions for sustainable productivity, announced today the signing of an exclusive distribution agreement with Amiad Water Systems Ltd. (AIM: AFS), a leading global producer of water treatment and filtration solutions. Under the terms of the agreement, Netafim will exclusively market Amiad's Arkal product lines for the irrigation market in numerous countries outside of Israel, as part of its filtration offering. In teaming up with the filtration market leader, Netafim further strengthens its leadership position, while enhancing irrigation system performance to ensure success and peace of mind for farmers.

The agreement is the latest step in a longstanding collaboration between the two companies. With the disc filters being a critical component in irrigation system protection, the exclusive deal with Amiad not only enhances Netafim's filtration solution offering with Amiad's patented Arkal SpinkKlin(TM) technology, but also represents a strategically important move for the drip irrigation pioneer.

"Netafim's extensive global distribution network, covering over 110 countries, gives us the best platform for promoting our disc filtration solutions for the irrigation market" said Arik Dayan, CEO of Amiad. "Netafim will continue to be a key customer for us, and this agreement strengthens our partnership, while providing us with a great foundation for future success."

"After years of successful collaboration between our two companies, we decided to further solidify our mutual commitment," said Ran Maidan, CEO of Netafim. "We strive to offer the most comprehensive, reliable and innovative smart irrigation solutions to the agriculture industry. Our deal with a market leader like Amiad helps us move even closer to realizing that vision."

Enquiries:

 
 Amiad Water Systems Ltd. 
-------------------------------  ----------------- 
 Arik Dayan, Chief Executive 
  Officer                          +972 4 690 9500 
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 Stifel Nicolaus Europe 
  Ltd. 
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 Stewart Wallace, Ben Maddison    +44 20 7557 6030 
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 Luther Pendragon Ltd. 
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 Harry Chathli, Claire 
  Norbury, Oliver Hibberd         +44 20 7618 9100 
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About Amiad

Amiad Water Systems (AIM: AFS) is a leading global producer of automatic, self-cleaning water treatment and filtration products and systems. Through its engineering skills and ability to innovate, Amiad provides cost-effective "green" solutions for the industrial, municipal, irrigation, oil & gas, and ballast water markets. In these segments its patented products are being integrated into the core of systems for filtration and water treatment, micro irrigation and membrane protection, wastewater and potable water treatment, cooling systems and sea water filtration. Headquartered in Israel, Amiad provides these solutions through nine subsidiaries and a comprehensive network of over 170 distributors to customers in more than 80 countries. For additional information or product details, please visit www.amiad.com.

About Netafim

Netafim is the global leader in drip and micro-irrigation solutions for sustainable productivity. With 28 subsidiaries, 16 manufacturing plants and over 4,000 employees worldwide, Netafim delivers innovative so-lutions to more than 110 countries across the globe. Founded in 1965, Netafim pioneered the drip revolution, creating a paradigm shift toward low-flow agricultural irrigation. Today Netafim is celebrating 50 Years of Shaping the Future, offering diverse irrigation solutions for agriculture, landscaping and mining. For large-scale and turnkey sugarcane, corn and greenhouse projects, Netafim delivers end-to-end engineering, project management and financing services accompanied by agronomic, technical and operational training and support. From drippers and dripperlines, through sprinklers and micro-emitters, to crop management technology (CMT) systems, Netafim's market-leading solutions enable cost-effective irrigation for optimal and sustainable results. For more information, visit www.netafim.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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November 04, 2015 02:17 ET (07:17 GMT)

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