• Competition reveals the technologies and teams blazing the trail toward green recovery
SAN FRANCISCO, CA, Apr. 22, 2009 -- The Artemis Project announced today the winners of its first annual Top 50 Water Companies Competition. A diverse group of companies -- from Australia to England and New Mexico to New Jersey -- won accolades for their groundbreaking approaches to water management, addressing everything from water scarcity to infrastructure decay.
"During this period when the challenges to water supply and water quality are just beginning to affect business, these are companies that are blazing the trail toward green recovery. They are creating what will be one of the great high-growth industries of the 21st Century," commented Laura Shenkar, Principal of The Artemis Project. "The Artemis Project Top 50 companies are just the tip of the iceberg for a major industry that will generate thousands of companies and green jobs."
The Artemis Project's Top 50 Water Companies Competition was created with the goal of identifying the leading advanced water technologies that provide venture grade investment opportunities in the water sector. Competing companies were evaluated by a panel of industry experts on four criteria: technology, intellectual property and know-how, team quality and market potential. The judging matrix includes ipCapital Group's proprietary patent scoring algorithm, ipDimensional Scoring™, which objectively ranks companies within a particular sector based on the relative value of its patents
>> More information about the competition
The top three winners are Arizona-based AbTech Industries Inc., Massachusetts-based Oasys Water Inc., and Vermont-based Seldon Technologies Inc.
"The goal of this competition was to show the U.S venture capital community the diversity and investment potential of an international network of advanced water technology companies," said Laura. "The fact that the top three winners of this competition are U.S. based companies should serve as a wakeup call to the U.S. investment community. Water will be a big industry sooner rather than later; it's flourishing in our own backyard."
Established in 2000, The Artemis Project is a boutique consulting practice that brings unique capabilities to 21st century water management, combining an understanding of the most advanced solutions with an international network of developers, investors and users of advanced water technology.
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