Triad Announces Agreement.Business Editors BATTLE CREEK, Mich.--(BUSINESS WIRE)--April 17, 2002 Triad Innovations (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TINN) announced today the signing of a comprehensive non-exclusive licensing agreement with AquaVenture Capital Limited of the British Virgin Islands British Virgin Islands A British colony in the eastern Caribbean east of Puerto Rico and the U.S. Virgin Islands. Road Town, on Tortola Island, is the capital. Population: 21,700. Noun 1. . The agreement is for the evaluation and full scale commercialization of Triad's proprietary Thruster Desalinization System; and includes a substantial royalty fee based on usage that is estimated to surpass $10,000,000 over the term of the contract. This is believed to be the first non-membrane and non-distillation process to be used for the commercial desalting of both seawater and brackish brack·ish adj. 1. Having a somewhat salty taste, especially from containing a mixture of seawater and fresh water: "You could cut the brackish winds with a knife/Here in Nantucket" water to produce potable potable /pot·a·ble/ (po´tah-b'l) fit to drink. po·ta·ble adj. Fit to drink; drinkable. potable fit to drink. drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. . The agreement allows for the Beta testing at a secure undisclosed location in the Caribbean to verify the energy cost savings, separation quality and the mechanical integrity of the system under harsh tropical conditions. Once the testing is satisfactorily completed, Triad will begin the manufacture of the Thruster System for AquaVenture's placement at sites throughout the Caribbean and the state of Florida. The Thruster System is a stationary separator developed by Triad Inventor, Michael R. Bloom, which utilizes an aerodynamic expansion of the salt water through a developed centrifugal field to yield a high recovery rate of potable water in one stream, and a separate stream of concentrated salt brine in the other. Due to its lack of complicated moving parts, the Thruster Separator is able to provide high quality separation with extremely low energy costs, all in a module system that is simplistic sim·plism n. The tendency to oversimplify an issue or a problem by ignoring complexities or complications. [French simplisme, from simple, simple, from Old French; see simple , compact, low maintenance and built for demanding use. Thomas B. Roller, Chairman of Triad Innovations said, "We are proud to announce this commercialization relationship with AquaVenture, and we as a company are excited to bring the Thruster Desalination desalination or desalting Removal of dissolved salts from seawater and from the salty waters of inland seas, highly mineralized groundwaters, and municipal wastewaters. System to the marketplace. We believe that the Thruster System will be an integral part of supplying water in the 21st Century. I expect this to be just the first in a series of agreements that bring our unique separation technology into several industries." AquaVenture Capital Limited provides water services to resorts and other commercial users throughout the Caribbean. Their clients range from a Caribbean government to major hotel chains and resorts. Triad Compressor Inc. (http://www.triadinnovations.com) is a company that features a proprietary centrifuge centrifuge (sĕn`trəfy  j), device using centrifugal force to separate two or more substances of different density, e.g., two liquids or a liquid and a solid. technology. The centrifuge has the ability to separate gases or liquids down to purity grade levels without using chemicals, thermals or high-energy input. The result is low energy input and very high purity gain, with applications in the, ethanol, gas, pharmaceutical, and water industries. The compressor employs an innovative design to achieve dramatically increased efficiency and reliability over conventional compressors.
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