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ORLANDO, Fla. (May 26, 2006) --- THEOWAG
Ltd., a European technology transfer company, has established its
North American division in Orlando at the University of Central
Florida Technology Incubator.
THEOWAG North America is introducing a line of environmentally
friendly technologies with a focus on industrial cleaning services,
industrial and household chemicals and clean energy that uses biomass
waste.
John Grams, Director of Sales & Marketing at THEOWAG North
America - and a UCF graduate –
said a partnership with CHEMIE X 2000, a German firm, gives THEOWAG
access to more than 760 biodegradable chemical products designed
to resolve environmental and waste management issues.
Greenpeace used one of those products in 1989 to help clean up
the Exxon-Valdez tanker oil spill.
“We are in the process of entering the highly competitive
U.S. industrial cleaning market by launching industry-proven, reusable,
non-corrosive chemical products with closed-loop circulation processes
that help American oil refineries and petrochemical plants to drastically
reduce shutdowns for cleaning, improve labor safety, minimize environmental
impact and increase profitability,” Grams said.
THEOWAG is also focusing on energy generation. “We are currently
seeking a strategic energy partner to help us build the first high-yield,
power-and-hydrogen generating mobile prototype using Florida citrus
waste as feedstock and without producing any emissions by utilizing
a revolutionary hybrid gasification process,” Grams said.
The company will unveil its plans at the upcoming PowerGen International
Conference at the Orange County Convention Center in December.
“THEOWAG aims to become a leader in technology transfers.” Grams
said. “Once we establish a US market presence with
our current products, we will pursue additional partnerships with
UCF to further develop and commercialize other technologies.”
* * *
For more information, contact:
John Grams, Director of Sales & Marketing, THEOWAG, Ltd.
321-276-3800
Tom O’Neal or Carol Ann Dykes, UCF Technology Incubator,
407-882-0202
Larry Vershel or Beth Payan, LV Communications Inc. 407-644-4142.
About the UCF Technology Incubator
Since its founding
in 1999, the UCF Technology Incubator has helped more than 80 emerging
technology companies create over $175 million in annual revenue and
more than 660 new jobs with an average salary of $59,000. The
UCF Technology Incubator was named the 2004 Technology Incubator
of the Year by the National Business Incubation Association. Headquartered
in Research Park near the University, the Incubator is a true collaboration
in economic development between UCF, Orange County, the City of Orlando,
the Florida High Tech Corridor Council and the Metro Orlando Economic
Development Commission. For more information, please visit http://www.incubator.ucf.edu. |
