ATLANTA, GA, Jan. 21, 2015 -- Today, Lumense™, a developer of real-time sensors that measure trace chemicals and biologicals in gases and liquids, announced that it was named a finalist in the Imagine H2O™ (IH2O) Water Infrastructure Challenge. As a finalist, Lumense will participate in IH2O's Accelerator Program, which offers access to its global network of reference customers, water industry partners, investors, and mentors.
"We are honored that our SensorIT™ technology platform and the opportunity for continuous, real-time monitoring of water resources it provides has been recognized by Imagine H2O," said Mike Slawson, CEO of Lumense. "We believe that IH2O's Accelerator Program will bring great benefit to us as we define and introduce, later this year, our first water monitoring product."
The global competition attracted entrants from 20 countries, including the United States. IH2O's judging panel, which includes leading industry experts from venture capital firms, water utilities and engineering businesses, based its selection of 12 finalists on their market viability, value proposition and go-to-market strategy (see "Imagine H2O selects 12 finalists for water technology Accelerator Program").
"We're optimistic about the number of entrepreneurs who seek to address the challenges associated with our crumbling water infrastructure," said IH2O COO Scott Bryan. "This year's dramatic growth in applications reflects a growing interest in water innovation and our program's effectiveness in connecting entrepreneurs to market opportunities."
Competition winners and finalists will be honored at Water Gala'15 on Wednesday, March 18, 2015, sponsored by Levi Strauss & Co., in San Francisco, Calif.
See also:
"New program launched to advance innovative water infrastructure solutions"
"Partnership program to bring water innovation to millions of U.S. homes, businesses"
About Imagine H2O
Imagine H2O inspires and empowers people to solve water challenges and turn them into opportunities. In addition to financial support for the best ideas, the Imagine H2O Accelerator helps participating entrepreneurs turn their plans into transformational, real-world solutions. For more information, visit www.imagineh2o.org.
About Lumense
Lumense offers real-time, in situ, chemical and biological sensors for use in a broad range of applications, including those in the water, food and beverage and agriculture sectors. Products under development include a sensor for detecting trace levels of impurities in gases used by the food and beverage industry and a sensor for monitoring water quality. For more information, visit www.lumense.com.
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