Wall Street Journal picks first winners of Global Technology Innovation Awards

Nov. 18, 2004
Ferrate Treatment Technologies wins Environment Award for wastewater and industrial effluents treatment without toxic byproducts. Other winners from the U.S., Canada, Finland, Israel, Japan, the Netherlands, Portugal, Singapore and the United Kingdom...

NEW YORK--(BUSINESS WIRE)--Nov. 15, 2004-- The Wall Street Journal, one of the world's leading business publications, announced results of its first Global Technology Innovation Awards. The awards recognize technological breakthroughs by individuals, companies and organizations around the world in a wide range of areas, including medicine, software, hardware, the Internet, wireless and broadcasting.

The judges selected Gold, Silver and Bronze winners overall, as well as a winner in each of the 12 industry categories. They also chose 23 runners-up and two honorable mentions. Winners and runners-up come from the U.S., Canada, Finland, Israel, Japan, the Netherlands, Portugal, Singapore and the United Kingdom.

"Through these awards, The Wall Street Journal seeks to recognize innovation--and each of these winners embodies the creative thinking that enabled them to rise the top of their respective industries," said Karen Elliott House, publisher, The Wall Street Journal, and senior vice president, Dow Jones & Company. "We also believe that in today's business environment, it has never been more important to discover and nurture new ideas."

Chosen in the Environment segment were:
* Winner: Ferrate Treatment Technologies LLC (U.S.) -- Wastewater and industrial effluence treatment without toxic byproducts.
* Runner-Up: Electric Power Research Institute (U.S.) -- Process reduces mercury emissions from coal-fired power plants.
* Runner-Up: Regenesis (U.S.) -- Metals Remediation Compund removes toxic metal contaminants from groundwater.
* Runner-Up: Nutech 03 Inc. (U.S.) -- Treatment to remove aquatic nuisance species from ballast water.

In announcing the awards program, the Journal solicited nominations from all over the world through advertisements in the Journal and through the Innovation Awards Web site, www.dowjones.com/innovation, where a full listing of winners and runners-up can be found.

The Journal received 585 applications from more than 24 countries. Applicants completed a rigorous form that requested extensive details relating to their entry and why it constituted a true innovation. Wall Street Journal editors then screened the applications and selected 120 semifinalists. Journal editors looked for innovativeness, clarity of explanations and whether the innovation was covered by patents or had achieved some kind of track record.

The winners were selected by an independent panel of judges from such companies and organizations as Siemens AG, the Cleveland Clinic, Agilent Technologies Inc. and the Swiss Federal Institute of Technology.


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