Triad Innovation Announces Launching of Pilot Module Test Program for its Advanced Centrifugal Separation Technology.Business Editors AMARILLO, Texas--(BUSINESS WIRE)--March 20, 2000 Triad Innovation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TINNE) announces that it is launching a Pilot Module Test Program for its Advanced Centrifugal centrifugal /cen·trif·u·gal/ (sen-trif´ah-gal) efferent (1). cen·trif·u·gal adj. 1. Moving or directed away from a center or axis. 2. Separation Technology (ACST ACST Advisory Council on Science and Technology (Canada, PM) ACST Acoustic ACST Avon Community Swim Team (Indiana) ACST Agni Computer Security Technologies ). 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. James LaPorte states that the decision to proceed has been triggered by a number of factors, including the following:
- Positive results have been achieved in the preliminary
feasibility studies in ethanol dehydration, saline water
desalting, air/particulate separations, and combined
multiple solvents separations.
- Based on market studies, there appears to be significant
commercial potential in these global markets for energy
savings separation processes.
- Triad is committed to both accelerating commercialization of
ACST technology and diversifying its future potential
earnings base.
ACST developer and Triad Research Director Michael R. Bloom states: "In view of positive results from our preliminary bench scale studies, it is time for the company to expand its development activities. Accordingly, I am taking the next step towards demonstrating that ACST has several exciting potential commercial applications, most notably in the gas/vapor dehydration dehydration Method of food preservation in which moisture (primarily water) is removed. Dehydration inhibits the growth of microorganisms and often reduces the bulk of food. , solvents separations, and seawater seawater Water that makes up the oceans and seas. Seawater is a complex mixture of 96.5% water, 2.5% salts, and small amounts of other substances. Much of the world's magnesium is recovered from seawater, as are large quantities of bromine. desalination desalination or desalting Removal of dissolved salts from seawater and from the salty waters of inland seas, highly mineralized groundwaters, and municipal wastewaters. and waste water treatment industries. We are developing a separation technology group for the 21st Century, which I believe will position Triad and ACST at the forefront of separation and enrichment technology." Bloom has outlined that the Pilot Module Program will test four individual centrifugal devices in order to determine the scalability and preliminary economics of each device and its application. The Pilot Module Program is progressing and is expected to be completed on schedule, which is early summer 2000. Upon completion of the Pilot Module Program, Bloom will proceed with the Pilot Plant Engineering Study, followed by the construction and testing of the pilot plants, each of which will be in industry participant locations. Simultaneously with the experimental and development effort, Triad is pursuing strategic alliances with industry participants. |
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