Modern Water announced that, following the collaboration agreement with Ion Exchange (India) Ltd, an order for stage one of a two stage project with a total value of c. £900,000 project has been received. The estimated net value to Modern Water for stage one is approximately £50,000 and for both stages is between c. £235,000 and c. £270,000. The project consists of an initial pilot plant for the zero-liquid-discharge system of the Company's All-Membrane Brine Concentration ("AMBC") plant and is expected to reduce the operational costs of wastewater treatment for the specialty chemical production facility of collaboration partner. On completion of stage one, it is intended that a larger plant is to be installed with the smaller pilot AMBC plant to be used for demonstration with collaboration partner's clients in projects across India, Oman, the United Arab Emirates and Saudi Arabia.