This is the news that gave the stock a little pop today...
Trojan Technologies Launches Innovative Product Line In California : Advances in Disinfection for Drinking Water Announced 11:02 EST Thursday, March 23, 2000
LONDON, ONTARIO, CANADA--Trojan Technologies Inc. (TSE/TUV) today launched the TrojanUVMax(tm) drinking water product line at the Water Quality Association Show in Long Beach, California taking place March 23rd - 25th. This new line of five innovative high-performance residential and commercial water disinfection systems uses leading edge UV technology to kill viruses, bacteria and pathogens found in contaminated drinking water faster and more effectively than any other system today. Applications for TrojanUVMax(tm) include residential and commercial markets such as rural homes, cottages, hospitals, restaurants and nursing homes.
"In North America alone, over 18 million households rely on private wells for water supplies. According to a recent study released by the Water Quality Association, 72% of consumers are concerned about their drinking water quality." said Hank Vander Laan, President and CEO of Trojan Technologies. "Add to this the wide variety of institutional applications, plus demand from Europe, and we believe a significant market opportunity, estimated to be worth over C$300 million, has been identified by Trojan."
Technological advances incorporated in TrojanUVMax(tm) enable customers to treat a given volume of water with a smaller, more efficient unit with increased safety features. Advanced computer modeling was used to design an ultra-efficient water chamber that ensures disinfection. Other unique features of the TrojanUVMax(tm) product line include high-output UV lamps, a new UV intensity monitoring device and new power supply technology which enables the system to withstand fluctuations in voltages occurring in global markets. The new product line is also capable of meeting strict international disinfection requirements such as those in the United States, Austria and Germany.
"Escalating concerns over the quality of drinking water, and the recognition of UV technology as an effective method of water disinfection have helped to create a sizable market opportunity for Trojan." said Marvin DeVries, Trojan Chief Operating Officer. "Consumers can gain peace of mind that their drinking water is safe. They do not have to be inconvenienced by purchasing bottled water."
Trojan Technologies Inc. is a Canadian based, high technology environmental company operating internationally. With more than 20 years of experience, Trojan has the largest installed base of UV disinfection systems operating around the world. Trojan specializes in the design, manufacture and sale of ultraviolet disinfection systems for municipal wastewater, drinking water systems for residential, municipal and commercial use, and industrial systems for food and beverage, pharmaceutical, and semi-conductor applications. |