OriginClear Announces Appointment of Tom Marchesello as Chief Operating Officer
June 30, 2019 at 09:45 am
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OriginClear reported that Tom Marchesello, the driving force behind developing the Modular Water Systems business & product lines, has been named the Company's Chief Operating Officer (COO). Marchesello served in the U.S. Air Force as a Captain at Air Force Space Command Headquarters, leading aerospace operations and strategic planning for satellite communications, earth science monitoring, Geographic Information (GIS) and Positioning (GPS) Systems. After leaving the service, Marchesello worked in finance and high technology operations for 20 years with such companies as Sony Electronics, Thompson Reuters, Morgan Stanley, CME Group, and prominent middle market Private Equity Groups.
OriginClear, Inc. is a water technology company. The Company is engaged in designing, engineering, manufacturing and distribution of water treatment solutions for commercial, industrial, and municipal end markets. The Company conducts business, through its subsidiary, Water on Demand, Inc. (WODI). WODI is composed of three operating units, Modular Water Systems (MWS), Progressive Water Treatment (PWT), and Water on Demand (WOD). MWS houses a worldwide, exclusive master license to the intellectual property, consisting of five patents and related intellectual property, know-how and trade secrets (Early IP). PWT specializes in engineered water treatment solutions and custom treatment systems. WOD is an incubation of the Company which is focused on offering private businesses water self-sustainability as a service-the ability to pay for water treatment and purification services on a per-gallon basis. In addition, PWT rents equipment in contracts of varying duration.