WHITE PLAINS, N.Y., Oct 21, 2013 (BUSINESS WIRE) — Xylem Inc. XYL, +0.89% a leading global water technology company focused on addressing the world’s most challenging water issues, announced today that it has signed a cooperation agreement with WaTech(R), the technological development center of Mekorot, Israel’s national water company, to evaluate new water technologies and accelerate commercialization of innovative products and services. Under the agreement, the organizations will jointly assess emerging technologies related to water quality and security, optimization of water supply and sustainable water and wastewater treatment and reuse.
“We are proud to be partners with Mekorot WaTech on this meaningful initiative,” said Steve Loranger, CEO and president of Xylem. “Innovative and pioneering product development is at the very heart of what Xylem does. As global leaders in water, our mission is to play a leading role in solving the multifaceted issues we all face in securing a safe and sustainable water supply.”