Energy Recovery Conference Call to Discuss 15-Year License Agreement With Schlumberger

SAN LEANDRO, Calif., Oct. 19, 2015 (GLOBE NEWSWIRE) -- Energy Recovery will host a teleconference at 5:30 a.m. (Pacific Time) on Tuesday, October 20^th, 2015 to outline the significance of this company milestone and to answer questions. To listen to the live call, individuals can access the conference call by dialing 877-415-3185, passcode #64509095 approximately 10 minutes before the scheduled start time. For those who cannot listen to the live broadcast, replays will be available shortly after the call on the Company's website.

About Energy Recovery

Energy Recovery (NASDAQ:ERII) recycles and converts wasted pressure energy into a usable asset and preserves pumps that are subject to hostile processing environments. With award winning technology, Energy Recovery simplifies complex industrial systems while improving productivity, profitability, and efficiency within the oil & gas, chemical processing, and water industries. Energy Recovery products save clients more than $1.5 billion (USD) annually.  Headquartered in the Bay Area, Energy Recovery has offices in Ireland, Shanghai, and Dubai.  For more information about the Company, please visit our website at www.energyrecovery.com.

CONTACT: FTI Consulting
         Marc Cunningham
         ir@energyrecovery.com
         (713) 353-5407

Released October 19, 2015