Beijing, China, May 8, 2003 -- LightStream Technologies, Inc. and Jon Yi & Company, LTD, jointly announced that Jon Yi & Company has been appointed the Exclusive Technology Provider of the LightStream LS Series of advanced pulsed UV water disinfection machines in The People's Republic of China, Hong Kong, SAR, Taiwan and Macau, SAR.
The five-year agreement balances market exclusivity for Jon Yi & Company with targeted sales of the product line for LightStream. The first LightStream LSi unit will be installed in China in June 2003.
"LightStream is excited to partner with a company with such extensive experience and expertise in the Chinese environment and healthcare market, and we look forward to supporting the very serious efforts in China to implement a higher standard in water disinfection," said R. Josh Lanier, LightStream Vice Chairman and Chief Customer Officer.
The LightStream LS Series machines advance ultraviolet (UV) light technology and set a higher standard for water disinfection by providing the safest and most precise disinfection without the traditional risks and liabilities associated with the use of chemicals, mercury lamps or ozone gas.
"There is an immediate need in China for highly advanced water technologies that can combine safety with high performance and good value," said Jon Yi, President of Jon Yi & Company, "and the new LightStream LS Series clearly meets that need. We are very pleased."
LightStream is the first environmental technology company to fully commercialize pulsed UV technology for the treatment of water and wastewater. The first unit in its LS Series, the LSi, was released by LightStream in October 2002 and includes patented "Constant Optimum Dose" methodology that provides the industry's first and most robust capability to set, achieve and report consistently accurate delivery of disinfection dose.
The new technology has attracted worldwide attention and application and is now available in 20 countries in the Americas, Europe, Middle East, Africa and Asia.
About Jon Yi & Company, LTD
Headquartered in Beijing and with offices in Hong Kong and Taipei, Jon Yi & Company is a highly respected provider of innovative technologies to the Chinese environmental and pharmaceutical markets. As the parent company of Nanchang Hua Yi Lab and Yiva Technology, Jon Yi & Company is a recognized technology innovator highly regarded for developing and introducing the most advanced technologies for the Chinese market.
About LightStream Technologies
Headquartered in Reston, Virginia, USA, LightStream Technologies, Inc. provides advanced technologies for the disinfection of water and wastewater. LightStream's patented technology delivers chemical- and mercury-free disinfection utilizing advanced ultra high intensity pulsed ultraviolet (UV) light and sets a new No Compromise™ standard in water disinfection. For more information please visit www.LightStreamUV.com
