HydroFlo announces trade name of water safety testing system of new subsidiary
HydroFlo Inc.'s newly acquired subsidiary, Safety Scan Technology Inc., has assigned the name AquacorderTM to the system that will be available to clients who need to test waters for presence of bacterial, biological or chemicals contamination. The exclusive distribution rights for the patented technology used to conduct the testing were recently acquired in a licensing agreement from the Los Alamos National Laboratory...
RALEIGH, NC, Dec. 24, 2004 (MARKET WIRE) -- HydroFlo Inc.'s newly acquired subsidiary, Safety Scan Technology Inc., has assigned the name AquacorderTM to the system that will be available to clients who need to test waters for presence of bacterial, biological or chemicals contamination. The exclusive distribution rights for the patented technology used to conduct the testing were recently acquired in a licensing agreement from the Los Alamos National Laboratory.
The electronic system is capable of remotely detecting and inspecting contents located inside sealed containers as well as in a line or on a continuous flow basis. The system allows for the rapid identification of materials using ultrasonic interferometry and resonance. The contents of a container can be identified within 30 seconds. The system is capable of identifying a broad spectrum of substances at distances of up to 15 feet without being placed in contact with the liquid being tested.
According to CEO Dennis L. Mast, HydroFlo will provide working capital and corporate oversight for the operations of Safety Scan Technology. Management of the subsidiary company and marketing of the technology will be conducted by a newly formed team of professionals.
The Aquacorder will be made available in several different models. One model may be used as a threshold monitor to signal a compromise in the supply or processed water line. When an alert is made, the supply can be diverted to a holding area while further testing occurs, thus eliminating the potential for contaminating the entire water supply. Another unit or method would then verify the alert.
Another model for bacteria monitoring will be mobile or portable with no lengthy sample preparation and culture growing period required. The testing is a real-time evaluation of bacterial counts in water.
"During the past several years, the people of America have been concerned about the possibility of contaminates being added to the public drinking waters as a terrorist action. Reports of illness and deaths from bacterial contaminates have surfaced numerous times from areas all around the world," stated Mast. "I feel honored to have a part in bringing a technology such as this to the people of the world and making the safety of drinking water an issue that does not raise fear any more."
HydroFlo, Inc. (www.hydroflo.us) is a business development company, as defined by the U.S. Investment Act of 1940. Based in Raleigh, N.C., HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies. Its portfolio investment companies include: HydroFlo Water Treatment Inc. (www.hydroflo-inc.com), Metals & Arsenic Removal Technology Inc. (www.martiinc.com) and the newly acquired subsidiary Safety Scan Technology Inc.