Thermatrix to Develop Emissions Control Prototype for Locomotives; Partnership Agreement With the Commonwealth of Massachusetts.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Sept. 14, 1998--Thermatrix Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :TMXI) announced today that it has entered into a Demonstration Project Partnership Agreement with the Massachusetts Executive Office of Environmental Affairs (EOEA EOEA Executive Office of Environmental Affairs (Massachusetts) ) working with the Massachusetts Executive Office of Transportation The Executive Office of Transportation is an office within the Massachusetts Office for Commonwealth Development charged with managing most transportation within the Commonwealth of Massachusetts. and Construction whose jurisdiction includes the Massachusetts Bay Transportation Authority The Massachusetts Bay Transportation Authority (MBTA) is "a body politic and corporate, and a political subdivision" of the Commonwealth of Massachusetts [1] formed in 1964 to finance and operate most bus, subway, commuter rail and ferry systems in the greater (MBTA MBTA Massachusetts Bay Transportation Authority MBTA Migratory Bird Treaty Act of 1918 MBTA Model-Based Tracking Algorithm ). The goal of the project is to demonstrate the application of the Thermatrix proprietary flameless thermal oxidation In microfabrication, thermal oxidation is a way to produce a thin layer of oxide (usually silicon dioxide) on the surface of a wafer (semiconductor). The technique forces an oxidizing agent to diffuse into the wafer at high temperature and react with it. technology to treat the exhaust of a diesel locomotive owned by the MBTA and in which the technology performance can be validated and its cost-effectiveness evaluated for this particular application. The parties are to seek additional partnerships or funding sources who may support various elements of the demonstration program. As well as validating the performance of the Thermatrix technology, the program calls for demonstrating the integration of various NOx reduction technologies to achieve as complete a destruction as possible of all the undesirable components contained in the diesel engine emission exhaust. "We have been working for sometime with the Massachusetts Strategic Envirotechnology Partnership (STEP) whose goal is to aggressively identify and support the development and use of new environmental technologies on a pathway to ultimate commercial viability and application in the Commonwealth of Massachusetts," said John T. Schofield, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Thermatrix. "We have applied for, and have received verification as a 'STEP Company,' and we have, in conjunction with STEP, identified this application as having a high priority in the Commonwealth of Massachusetts. We believe the cooperation of MBTA with its extensive knowledge and maintenance of diesel engines, both for locomotives and buses, will be of great technical assistance in this project and utilizing the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. , a partner in the STEP Program, for carrying out and verifying the test results is important for the independent validation of the performance of the Thermatrix technology," he said. Full details of the technical program are currently being finalized. The EOEA will be responsible for assessing the environmental performance of the technology. STEP is a partnership comprised of the Massachusetts Executive Office of Environmental Affairs, the Massachusetts Office of Economic Development and the University of Massachusetts. The MBTA, headquartered in Boston, is the sixth largest mass transit system in the United States. It serves a population of over 2.6 million in 78 cities and towns with an area of over 1100 square miles. Thermatrix is an industrial technology company that provides a range of products for the destruction or treatment of volatile organic compounds volatile organic compound Environment Any toxic cabon-based (organic) substance that easily become vapors or gases–eg, solvents–paint thinners, lacquer thinner, degreasers, dry cleaning fluids and hazardous air pollutants, including its patented flameless thermal oxidation technology to provide the world's leading flameless solution for destroying these pollutants and compounds. Thermatrix is currently focusing its development activities on the application of its FTO Noun 1. FTO - a political movement that uses terror as a weapon to achieve its goals foreign terrorist organization, terrorist group, terrorist organization technology to treat the emissions from diesel engines, both mobile and stationary. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in the forward-looking statements as a result of various factors including the risks typically associated with the commercialization of new technologies including uncertainties related to the cost and timing of commercialization projects and market acceptance. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
CONTACT: Thermatrix
John T. Schofield, 408/453-0490
Daniel S. Tedone, 423/539-9603
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