| INENTEC LLC HONORED BY SEATTLE BUSINESS MAGAZINE AS 2010 TOP INNOVATOR |
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News Release
Seattle Business Magazine Honors InEnTec with "2010 Top Innovator Award" InEnTec Recognized for its PEM® Gasification Technology that Converts a Variety of Waste Products into Fuels for Transportation and Clean Energy
DESIGNATION COMES JUST WEEKS AFTER MAJOR WALL STREET JOURNAL AWARD
Bend, OR (October 27, 2010) - InEnTec LLC, a leader in converting waste to clean energy and useful products, has been honored by Seattle Business Magazine as a "2010 Top Innovator" award winner. Seattle Business is a monthly magazine that is read by more than 100,000 business executives across the state. The awards were announced at a special reception and awards ceremony on Oct. 21, 2010 at the Hard Rock Café in Seattle. The award was accepted by InEnTec Vice President of Manufacturing, Matthew B. Glass, and Director of Engineering and Technology Development, James A. Batdorf.
The award was given in recognition of InEnTec's proprietary waste gasification system, the Plasma Enhanced Melter® (PEM®). The PEM can transform municipal (household), commercial, medical, and most industrial and hazardous wastes into clean, renewable syngas that can be used as a fuel for electricity; to produce transportation fuels such as ethanol, methanol, synthetic diesel, and hydrogen; or to produce valuable chemical or clean energy products.
The final award winners were selected by a 2010 Top Innovators Advisory Board that included Ed Lazowska (Bill and Melinda Gates Chair, Department of Computer Science and Engineering, University of Washington), Gary Tomlinson, (Executive Director, Seed IP), Len Jessup (Director, Center for Entrepreneurial Studies, Washington State University), Susan Sigl (CEO, Washington Technology Industry Association), Cathi Hatch (President & CEO, Zino Society), Connie Bourassa-Shaw (Director, Center for Innovation and Entrepreneurship, Michael G. Foster Business School, University of Washington) and Chris Rivera (President, Washington Biotechnology & Biomedical Association).
"We are honored to receive continual recognition from the business press for InEnTec's technological innovation," said Karl A. Schoene, President and CEO of InEnTec LLC. "This award from Seattle Business Magazine, along with The Wall Street Journal '2010 Technology Innovation Award' we received in September, validates the work of an outstanding team of InEnTec scientists and engineers that have brought our Plasma Enhanced Melter (PEM®) technology from concept to commercialization."
Founded in 1995, InEnTec is a world leader in waste to energy plasma gasification systems. The company's PEM technology was invented by scientists and engineers from the Massachusetts Institute of Technology and Battelle Pacific Northwest National Laboratory, and brought to commercial fruition by InEnTec LLC. This team developed a unique way to combine a DC plasma arc with an AC glass melter to provide an efficient, cost effective and environmentally-sound process for converting waste materials into exceptionally clean synthesis gas (syngas). The technology is protected by 47 patents issued and pending.
PEM systems have been installed most recently at two facilities: the InEnTec Chemical PEM facility at Dow Corning in Midland, MI and a pilot project in the Pacific Northwest owned by S4 Energy Solutions (a 50/50 joint venture between InEnTec and Waste Management Inc.).
About InEnTec LLC Based in Bend, Oregon, InEnTec LLC was formed by scientists and engineers from MIT and Battelle. Through its proprietary gasification system, the Plasma Enhanced Melter®, InEnTec can transform municipal (household), commercial, medical, and most industrial and hazardous wastes into clean renewable syngas that can be used to produce products, such as electric energy, ethanol, methanol and hydrogen, with minimal environmental impact. InEnTec's systems meet all environmental standards and come closer to 100% recycling of waste than any other such commercially available technology. For more information please visit www.inentec.com as well as the websites for our joint ventures at www.s4energysolutions.com and www.inentecchemical.com.
About InEnTec Chemical LLC InEnTec Chemical LLC builds, owns and operates onsite chemical recycling facilities that use PEM systems. Headquartered in Fleming Island, Florida, the company is deploying state-of-the-art technology to meet the environmental demands of the modern chemical industry. InEnTec Chemical recycles highly hazardous waste streams into useful chemicals and clean syngas, saving chemical companies money while eliminating the risks of waste transportation and disposal. InEnTec Chemical's PEM systems outperform regulatory and environmental standards for environmental safety and come closer to 100% recycling than any other commercially available technology. Extensive testing at pilot scale and commercial facilities has proven the technology to be reliable and highly effective in managing a wide variety of hazardous waste materials. Testing performed using certified laboratories with rigorous standards required by both the U.S. and international government agencies have met or outperformed all environmental requirements.
About S4 Energy Solutions S4 Energy Solutions is a joint venture between Waste Management, Inc. and InEnTec LLC to develop, operate and market plasma gasification facilities using Plasma Enhanced Melter (PEM®) technology. Initially, S4's projects will process commercial, medical and industrial waste streams to produce a range of renewable fuels and industrial products. Future commercialization plans also include the processing of municipal solid waste.
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