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NEWARK, Del., June 26, 2017 -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider of water, wastewater services and related services on the Delmarva Peninsula, announces its principal subsidiary, Artesian Water Company, Inc. has achieved full regionalization of drinking water throughout its growing southern New Castle County service area. In June 2017, Artesian’s transmission and distribution teams completed several critical service connections with new water assets acquired in the Town of Odessa that fully integrate Artesian’s existing water mains into a single regionalized system delivering high-quality water to the Towns of Middletown, Odessa, Townsend and their surrounding communities (known as the MOT area of New Castle County, Delaware). Expanding drinking water service to the Town of Odessa through Artesian’s integrated system realizes an effort over the last three decades to make public water available to all residents in Artesian’s MOT franchise area.
“We are pleased to be able to offer our reliable, high-quality water and superior service to this economically vibrant and developing area of southern New Castle County and look forward to meeting future demands through our integrated regional system. The success of our now fully-integrated system in this area of southern New Castle County is a direct result of the strong relationships and valued partnerships we have committed to building with our local leaders, businesses and communities,” said Dian C. Taylor, Chair, President and CEO.
Artesian has long maintained a forward-looking focus on strengthening public-private partnerships and integrating its water systems to most reliably serve its customers. “We are pleased to be able to realize the potential that we believe has existed for decades for leveraging public-private partnerships to deliver solutions that ensure high-quality supply, superior service and reliability to our customers and we insist on continuing to lead by example across the Delmarva Peninsula,” said Taylor.
About Artesian Resources
Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water, wastewater services and related services on the Delmarva Peninsula. Artesian Water Company, Inc., the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian supplies 7.6 billion gallons of water per year through 1,260 miles of water main to approximately 301,000 people.
Contact: Nicki Taylor Investor Relations (302) 453-6900 [email protected]
