Basin Water Announces Changes in Management Team

RANCHO CUCAMONGA, Calif., -- Basin Water, Inc. (NASDAQ:BWTR) announced organizational changes including the appointment of Thomas C. Tekulve as Vice President of Finance - Business Development and W. Christopher Chisholm as Vice President and Chief Financial Officer of the company. With over 30 years of professional experience, Mr. Tekulve, Basin Water's former Chief Financial Officer, will guide the expansion of Basin Water's sales and service operations by directing project risk assessment, financing and development of new business based upon the company's low lifecycle cost and pay-for-performance model. Mr. Chisholm is a financial executive with over 27 years of experience in financial management, including work in public offerings, acquisitions, and divestitures, financial reporting and risk management. Prior to joining Basin Water, Mr. Chisholm was Executive Vice-President, Finance of United States Filter Corporation and Executive Vice-President, Finance & Administration and Chief Financial Officer of Veolia Water North America. Link. Chart.