Perma-Pipe International Holdings Inc
Change company Symbol lookup
Select an option...
PPIH Perma-Pipe International Holdings Inc
TURN 180 Degree Capital Corp
XTYGX Tortoise Energy Infrastructure Corp
SCCO Southern Copper Corp
TBNK Territorial Bancorp Inc
SBKJY State Bank of India
CY Cypress Semiconductor Corp
ICL ICL Israel Chemicals Ltd
RBC Regal Beloit Corp

Industrials : Machinery | Small Cap ValueCompany profile

Perma-Pipe International Holdings, Inc., formerly MFRI, Inc., is engaged in the manufacture and sale of piping systems. The Company is engaged in offering pre-insulated piping and leak detection systems for oil and gas gathering, district heating and cooling, and other applications. It operates through Piping Systems segment. The Company develops piping solutions for the transportation of a range of liquids. The Company has operations at seven locations in five countries. The Piping Systems segment engineers, designs, manufactures and sells specialty piping and leak detection and location systems. The Company's specialty piping systems include industrial and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products; insulated and jacketed district heating and cooling piping systems for energy distribution to multiple locations from central energy plants, and oil and gas gathering flow and long lines for oil and mineral transportation.

Closing Price
Day's Change
0.00 (0.00%)
B/A Size
Day's High
Day's Low
10-day average volume:

Rainmaker Worldwide Appoints New Executives to Meet Growing Customer Demand

7:00 am ET December 22, 2017 (Globe Newswire) Print

Rainmaker Worldwide Inc. is proud to announce the appointment of two executives who will both join the company's Executive Committee and report directly to the CEO.

These appointments reflect the continuous growth in interest in Rainmaker's technology as evidenced by dozens of weekly enquiries.

Rainmaker's innovative and environmentally-friendly solutions address critical water needs in a market where opportunities in the sector could reach $1 trillion by 2025.

Joost Dessing joins Rainmaker as Chief Technical Officer

Joost Dessing joins the company as Chief Technical Officer, from his current position as a consultant to the firm and leader of Rainmaker's technical team. In his capacity of CTO, Joost will also manage and bolster the manufacturing resources of the Rainmaker innovation and manufacturing center in Rotterdam.

This appointment is in answer to the growing requirements of existing contracts with the Dutch military and customers in Sri Lanka, India, and Jamaica along with the current business development activities around the world.

Joost has experience as a hardware and software engineer, a manager of significant R&D departments leading teams of up to 20 engineers, and in-depth experience developing projects for international customers such as Heineken, Toeca / Danone, Coca-Cola and GEA WestfaliaSurge.

Joost holds a Bachelor of Technology (BTech), Electrical and Electronic Engineering degree from HTS Amsterdam.

Concurrent with this appointment, Piet Oosterling, the inventor of the Rainmaker technology, will move to a Chief Innovation Officer role where he will look for ways to constantly advance our products and drive further efficiencies. Piet will work closely with CEO Michael O'Connor to identify strategic partners and acquisition targets.

Terry L. Planton joins Rainmaker as Vice President, Sales and Business Development

Terry L. Planton joins the company with a mandate to build Rainmaker's sales infrastructure to meet the needs of the U.S. market. Terry will focus on wastewater treatment in the oil and gas and agri-food sectors. He will also be charged with providing remote solutions for disaster relief, and USAID support for international relief missions.

In addition, Terry will coordinate all of the regional sales activities in North and South America, Europe and the MENA region.

Terry has more than thirty-four years of experience in the government and commercial marketplace, specializing in business development, strategic planning, and technical and operational planning.

He has made valuable contributions to a variety of industry sectors including Water Services, Energy, Defense, Transportation and Communication. He has worked in start-up companies, both as an entrepreneur and as a consultant for capital formation projects.

Terry holds a Master's Degree in International Economics from the University of Pittsburgh.

Michael O'Connor, CEO of Rainmaker Worldwide said, "I am extremely pleased to welcome Joost and Terry to the Rainmaker team. Their decades of technical and corporate experience together with their broad international commercial relationships will be invaluable to our mission to provide clean water to those who need it most."

RobecoSAM "Water: The Market of the Future", Zurich, July 8, 2015

About Rainmaker Worldwide Inc.

Rainmaker Worldwide Inc. (OTC:RAKR) is headquartered in Peterborough, Canada, with an innovation and manufacturing center in Rotterdam, Netherlands. Our patented water technology provides economical drinking water at scale wherever it's needed.

Our key global markets are:

-- The humanitarian sector where we are helping to bring safe drinking water to over 800 million people who are living without access to clean water

-- The commercial sector with a focus on oil and gas, agri-food and mining that needs a cost-effective, environmentally-friendly solution for cleaning their wastewater

Rainmaker builds two types of energy-efficient, fresh water-producing technologies:

-- Air-to-Water, which harvests fresh water from the air

-- Water-to-Water, which transforms seawater or polluted water into drinking water

The technology is both wind and solar powered, is deployable anywhere, and leaves no carbon traces. We also offer options for hybrid, grid and diesel-powered models.

Air-to-Water units are available in three standard sizes, producing 5,000, 10,000 or 20,000 liters of drinking water per unit per day. Water-to-Water units are also available in three standard sizes producing 37,500, 75,000 or 150,000 liters per unit per day. In the humanitarian sector, Rainmaker technology is suitable for communities of 200 to 30,000 people, depending on number of units deployed.

Our goal is to become a global leader in solving the worldwide water crisis. Simply put, we're creating safe, drinking water where little or none exists.

Interested parties can access additional information about Rainmaker on the Company's website located at

Forward-looking Statements

Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Rainmaker's business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Rainmaker's undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements.

For more information please contact:

Rainmaker Worldwide Inc.

Michael O'Connor


Earnings Calendar and Events Data provided by |Terms of Use| © 2018 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2018. All rights reserved.