Abtech Holdings Inc. (fka ABHD)

[drbio45]

AbTech is a full-service environmental technologies and engineering firm dedicated to providing innovative solutions to communities, industry and governments addressing issues of water pollution and contamination. As the developer and manufacturer of Smart Sponge® and Smart Sponge Plus® technology, AbTech provides an effective, low cost solution that solidifies, separates and removes contaminants, including hydrocarbons, sediment and other foreign elements, found in stormwater, produced water and industrial waste water. Last year the company signed a 12 million dollar contract with Nassau County which should be over 80 percent complete this year. Abtech recently signed a contract to work with Corvias on a billion dollar project in Maryland. There are other projects in the pipeline.

Abtech can be viewed similarly to a biotech company with a drug for a large indication that has been going through clinical trials but has recently been approved and started the commercialization process. These projects will lead to other ones. Below are some videos and press releases discussing the product, science and opportunities.

Press conference held by Nassau County executive Edward Mangano discussing the contract to be installed by Abtech before the first frost.
http://www.ustream.tv/recorded/49788969

The Weather Channel reported a segment focused on the high rains on Long Island, NY and highlighted AbTech and its Smart Sponge(R). Please note the link below Smart Sponge to the Rescue
http://www.weather.com/video/smart-sponge-to-the-rescue-52368?cm_ven=Email&cm_cat=vide o_share

Robert Kennedy Jr. discussing the Abtech technology
Bloomberg

Fox Business- opening bell- Maria Bartiromo

LInk to article regarding agreement with Corvias regarding 100 million dollar project
http://www.globalwaterintel.com/news/2014/34/stormwater-duo-team-ppps-northeast.html

This is an article discussing the 100 million dollar RFP mentioned above. This initial RFP could turn into a billion dollar product in St George County as discussed in the article.
http://stormwater.wef.org/2013/07/financing-urban-retrofits-via-a-public-private-partnersh ip

Link to company presentation
http://abtechindustries.com/image/data/ABHD_-_Investor_Presentation_-_July_2014_Final[2].p df

AbTech Holdings Signs Agreement with Corvias Solutions to Establish Framework for Development of Large Stormwater Infrastructure Projects
08/14/2014
AbTech Subsidiary AEWS Engineering Selected as Partner to Provide Engineering and Stormwater Design Services for Prince George’s County, Maryland
AbTech-Corvias Team to Immediately Begin Joint Proposal Development for New Northeastern Outfall Pipe Upgrading Project

Scottsdale, AZ, – August 14, 2014 – Abtech Holdings, Inc. (OTC QB: ABHD) ("AbTech" or the ”Company”), a full-service environmental technologies and engineering firm providing innovative water pollution and contamination solutions to communities, industry and governments, today announced a major collaboration effort with Corvias Solutions to develop large stormwater infrastructure projects, particularly under privately-financed “public-private partnership” or “P3” models. Corvias Solutions was selected as the private partner to develop the largest stormwater P3 contract in the United States, a $100M project in Prince George’s County Maryland. AbTech’s stormwater engineering subsidiary, AEWS Engineering, has teamed with Corvias Solutions to provide engineering and design services to support the Prince George’s County and Corvias stormwater partnership.
Recognizing the synergies between Abtech, AEWS and CorviasSolutions, the companies have structured a master framework to pursue similar stormwater infrastructure opportunities nationally, with a focus on Northeastern municipalities. They have identified several initial targeted areas and intend to immediately begin joint proposal work on a near-term Tri-state infrastructure opportunity.
Corvias Solutions is an experienced developer, program manager and facility owner/operator with significant experience in establishing, financing, and managing public-private partnerships. Corvias Solutions contributes immeasurably to the success of its parent company, the Corvias Group, who collectively manages 13 U.S. government partnerships, including more than $11 billion in long-term construction projects and more than $12 billion in long-term operations and management projects. Corvias Solutions intends to further its public environmental engagements in cooperation with AbTech on stormwater infrastructure, leveraging the experience and track record gained by Corvias’ Prince George’s County P3 partnership and AbTech’s Nassau County Design-Build-Operate project.
Commenting on the developments, Bjornulf White, Abtech’s Executive Vice President of Corporate Development, said, “We believe the combination of Corvias, AbTech and AEWS Engineering present a powerhouse team to execute large scale stormwater infrastructure projects that are being developed throughout the country. Considering Corvias’ scope and leadership in public-private partnerships, especially having been selected as the partner forthe nation’s largest stormwater P3, we are thrilled to join forces and begin expanding our stormwater business lines. This allows AbTech and AEWS Engineering to focus on what they do best, providing innovative technologies and infrastructure solutions along with best-in-class stormwater engineering.”

Tad Davis, Corvias’Solutions Managing Director, commented: “We are excited to partner with AbTech and AEWS to apply our adaptive management approach to address increasingly complex stormwater challenges. Our focus on community-based, public private partnerships enables municipalities to access alternative financing options that include both private and public capital, while also leveraging private sector applications of emerging technologies and operational efficiencies to provide long term, holistic solutions. We believe AbTech Holdings shares our vision of creative problem-solving and we look forward to working in tandem with them to provide innovative stormwater management and treatment solutions to the full range of critical community infrastructure needs.”

Investor Contact:
Yvonne L. Zappulla
Managing Director
Grannus Financial Advisors, Inc.
212-681-4108
[e-mail]

or

Bjornulf White
EVP Business Development
Abtech Holdings, Inc.
480-874-4000
[e-mail]