Results of Neohydro's Wastewater Treatment System a Tremendous Success Feb 11, 2009 9:00:00 AM Copyright Business Wire 2009
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View Additional ProfilesHOUSTON--(BUSINESS WIRE)-- Neohydro Technologies Corp. (OTCBB:NHYT) is pleased to announce that after over a month of extensive real-world operations in a Utah evaporation plant, Neohydro's new wastewater treatment technology astounded local oil and gas operators and wastewater disposal companies with results that exceeded their highest lab-projected expectations.
Neohydro Technologies Corp. announced the successful results of their pilot project. "This is huge for us," says Neohydro Technologies Corp. CEO Dean Themy. "We've had promising results in the lab, but everyone needed to know the system would hold up under real-world conditions for extended amounts of time. It has! Now all the clients that were waiting in the wings are scrambling to enter into service agreements."
The pilot project, co-sponsored by ITL (Iowa Tank Lines Inc.) and their wastewater subsidiary Water Recovery LLC in Duchesne, Utah, proved how effectively a single-cell Neohydro unit, with moderate power supply requirements, and no additional chemicals, can serve a large wastewater disposal company. Neohydro's single-cell unit treated a continuous stream of 2,300 barrels of wastewater in a 24-hour period -- more than doubling their lab-projected 1,000 barrel-capacity expectations. The lab results showed that the high voltage electrodes removed metals, oils, hydrocarbons, BOD's and COD's enough to enable the re-use of the water in the frac process in accordance with EPA standards. These findings will probably make Neohydro's technology the least expensive single-flow mobile wastewater treatment solution available to the oil and gas industry today.
Dean Themy states, "We decided that a second Pilot Project was necessary as we thought it would be advantageous to fill a niche with a new product that would compliment the Rover(TM). One that was semi-permanent and dealt with wastewater that was disposed off-site and did not deal with the wastewater at the well site. So we created a new "stationary" unit called the NeoH(TM).
"While we're excited about opening up a new market with wastewater treatment companies, we cannot forget about the people who are most excited about the results -- the well operators," continues Dean. Why?
Neohydro's technology employs electro-oxidation to destroy BOD and COD contaminants and electro-coagulation to separate metals, oils, hydrocarbons, gases and water. The resulting water is chemically sound enough for reuse in a number of processes, including reinjection in fracing operations. "Our mobile units can basically drive up to any well site with an onsite pit of wastewater and instantly turn that liability into an asset...an asset that generates continuous return at a fraction of the cost of current methods and without any harmful effects to the environment," states Themy.
After the proof-positive results, Neohydro eagerly anticipates that it will be able to complete a mutually beneficial agreement with ITL (Iowa Tank Lines Inc.) and its wholly owned subsidiary, Water Recovery LLC. Meanwhile, Neohydro's mobile test unit, the Rover(TM) is already on its way to a series of scheduled demonstrations at several well sites in the Utah area before moving on to other potential sites in the US and Canadian Rocky Mountain regions.
Neohydro is also welcoming any interested parties who wish to see the Rover(TM) or the NeoH(TM) units in action.
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Neohydro Technologies Corp. Appoints Seasoned Petrochemical Engineer to their Advisory Board Feb 13, 2009 4:00:00 PM Copyright Business Wire 2009
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View Additional ProfilesHOUSTON--(BUSINESS WIRE)-- Neohydro Technologies Corp. (OTC BB: NHYT) announced the appointment of Roman Wolff as chief technical advisor to the company's engineering and construction efforts for the implementation of Neohydro's proprietary high voltage electrolysis / electro coagulation wastewater renewal systems.
Mr. Wolff holds a Masters in Science in Chemical Engineering from the University of Houston. Mr. Wolff has over 25 years of experience in Petrochemical, Refining and Upstream Oil and Gas Industry. In 2008 he founded and is President of Enhanced Biofuels Inc., a Houston, Texas company that has developed a non-toxic technology for the refining of Biofuel.
The previous 17 years from 1991 to 2008 were spent with Merichem Company headquartered at the Houston, Texas division of Merichem Chemicals & Refinery Services LLC. His focus with Merichem was primarily on the development, optimization and commercialization of various new technologies serving industrial oil and gas clients.
In addition, as Corporate Engineering Manager and Corporate Development Manager Mr. Wolff has extensive experience in managing corporate engineering groups implementing $2MM to $25MM plant projects, plant operation and management skills is what brought him to Neohydro CEO Dean Themy's attention.
"Every project is different, with different water needs, and flow rates. With the potential installation of several multi-cell NeoH(TM) units, upstream O&G engineering experience and know-how is key in planning and constructing Neohydro's hyper-efficient wastewater systems. Roman is a well known and trusted face in the oil and gas industry and he is a perfect fit to assist us in our future endeavors with the engineering of our systems. We are truly thrilled and feel honored to have Mr. Wolff as part of our group of professionals", states Themy.
Roman Wolff and Enhanced Biofuels LLC are also members of Rice Alliance for Technology and Entrepreneurship.
For more information on Neohydro's filings visit www.sec.gov or to obtain more information on our unique wastewater management technology visit our website at www.neohydrotech.com
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Neohydro Technologies Corporation Receives Endorsement from Houston "Think Tank" Feb 19, 2009 6:00:00 AM Copyright Business Wire 2009
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View Additional ProfilesHOUSTON--(BUSINESS WIRE)-- Neohydro Technologies Corp. (OTCBB:NHYT) is pleased to announce that after months of evaluations, due diligence, and an extensive interview process, the Houston Technology Center has approved Neohydro's application as an energy client.
The Houston Technology Center (HTC) is a non-profit business accelerator and the largest technology business incubator in Texas, supported by more than 300 corporations and organizations that assists Houston-based emerging technology companies to commercialization.
Dean Themy, CEO of Neohydro states, "We are so honored and privileged to have our Company approved to be part of such a successful entity. Being in Houston, the hub of the Oil and Gas industry has been great for our Company and the marketability of our technology. Becoming an HTC member was not easy as it is not open to all, so our membership is a milestone and a validation of our Company's value proposition. We have received a tremendous amount of support, encouragement, and guidance on our business model and with the team of experts at HTC we are even more certain that our proprietary high voltage electrolysis / electro coagulation wastewater renewal systems will reach its full potential in the commercial marketplace, specifically the treatment of waste water in the oil and gas industry."
About the Houston Technology Center
Houston Technology Center (HTC), a non-profit 501(c)(3)organization, is a business accelerator and the largest technology business incubator in Texas, supported by more than 300 corporations and organizations, Houston's leading academic institutions, Greater Houston Partnership, Texas Medical Center, NASA-Johnson Space Center, and the City of Houston.
Accelerating the commercialization of emerging technology companies by providing in-depth business guidance, access to capital and service providers, and entrepreneurial education, HTC has become the center of technology entrepreneurship, assisting more than 200 companies within several key sectors: Energy, Technology, Life Sciences, Nanotechnology, and NASA/Aerospace technologies.
HTC serves as the Gulf Coast Regional Center for the Texas Emerging Technology Fund, helping small to mid-size companies expediting the commercialization of new technologies. For more information, visit www.houstontech.org.
For more information on Neohydro's filings visit www.sec.gov or to obtain more information on our unique wastewater management technology visit our website at www.neohydrotech.com
Safe Harbor Statement
Statements in this press release regarding Neohydro Technologies' products, services, capabilities, performance, opportunities, development and business outlook that are forward-looking involve and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond Neohydro Technologies' control and difficult to predict, and could cause actual results to differ materially from those anticipated, expressed or forecasted in the forward-looking statements. Such risks and uncertainties may include, but are not limited to: lack of operating history, transitioning from a development company to an operating company, difficulties in distinguishing Neohydro Technologies' products and services, ability to manufacture and deploy Neohydro Technologies' products, lack of or delay in market acceptance and fluctuations in customer demand, dependence on a limited number of significant customers, reliance on third party vendors and strategic partners, availability of raw materials, subassemblies and components, ability to meet future capital requirements on acceptable terms, continuing uncertainty in the emissions reduction industry and the global economy, compliance with federal and state regulatory requirements, timing, availability and success of new technology and product introductions and the other factors discussed in Neohydro Technologies' filings with the Securities and Exchange Commission.
Source: Neohydro Technologies Corp.
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