|
DRAPER,
Utah and SALT LAKE CITY, June 2 /PRNewswire/ -- Sequoia
Pacific Research Company(TM) (Sequoia Pacific) today
announced it has received an Edison Award from the
Utah Engineering Experiment Station at the University
of Utah.
Designed to recognize those companies and their technologies
most likely to succeed and/or receive venture capital
funding, the Edison Award winners are announced by
the UEES at its annual Edison Conference held at the
U of U. In addition to Draper, Utah-based Sequoia
Pacific, four other companies received Edison Awards
at the Edison Conference held on Thursday, May 20,
namely:
* DAZ Productions (Draper, Utah);
* MedQuest Products (Salt Lake City);
* Star Bridge Systems (Midvale, Utah); and
* ZGear (Salt Lake City).
"This
award clearly recognizes the successes we've already
had at Sequoia Pacific in generating substantial revenue
since the SoilSET(TM) product launch last year,"
said Terry Holmes, chief executive officer of Sequoia
Pacific. "It also helps show the interest in
the far-reaching beneficial potential of SoilSET on
the environment through its nanotechnology processes.
We are very honored to have received this recognition."
Twelve independent judges served on this year's Edison
Conference panel to select the Edison Award winners.
The judges represented leading venture capital, finance,
and business incubation firms, as well as education
and government including Acadia Capital Advisors,
Battelle, Department of Community and Economic Development,
Excel Management, SCORE, State of Utah, Thorpe Capital
Group, Utah Entrepreneurial Center (UTec), Utah's
Science Advisor, Visionary Products, vSpring Capital,
Wayne Brown Institute, and Wasatch Venture Fund.
"Judges were given the instructions to pick out
those technologies that had the most economic potential
and/or were most likely to succeed," said Terrence
Chatwin, Ph.D., director of the UEES. "(The idea
was) if they had ten thousand bucks, where would they
put their money? Obviously, some (products) would
be early on; some would be a little later down the
road. If they saw something that they thought would
be a disruptive technology that could have major development
some time in the future, they should vote for that
with the idea that their $10,000 (investment) would
grow quite substantially."
According to Holmes, SoilSET is unique because of
molecular level reactions instigated by the SoilSET
solution that bind elements that naturally exist in
soil.
"The process allows this organically based soil
binder to stabilize and bind damaged or loosened soil,
fire ash, sand or other elements, increase soil moisture
retention, reduce water and wind erosion, and aid
rapid seed germination and growth," he explained.
"Soil erosion and airborne dust particles from
man-made or natural causes-including fire damage-can
result in numerous environmental issues, including
air quality concerns, water contamination and erosion
problems. SoilSET products are receiving growing recognition
in a variety of fields for their ability to prevent
and minimize environmental damage. SoilSET is also
distinct because the solution can be aerially applied
in areas that are either not accessible by land-based
equipment or where the coverage area is too large
to practicably use hydraulic application."
About Sequoia Pacific Research Company, L.L.C.
Sequoia Pacific Research Company is a nano-technology
holding company engaged in marketing, consulting,
research and licensing of nano-technology products
with high commercial potential to mature global markets.
The company is headquartered in Draper, Utah. For
more information, visit www.sequoiaprc.com or call
888-465-8801.
About the Utah Engineering Experiment Station
The Utah legislature founded the Utah Engineering
Experiment Station (UEES) in 1909 to link industry
with the University of Utah's resources and to perform
engineering related services that are in the interest
of the state and the people of Utah. During the past
90 years, the UEES has carried out many investigations
in the public good. The UEES serves as a technology
bridge between the University and the public. Basic
support for the Experiment Station comes from the
state and the remainder comes from fees generated
from research, coordination, and project management;
materials and product testing; workshop, seminar,
and conference fees; and technical publications.
For more information on the UEES, visit its Web site
at www.utah.edu/uees or call 801-581-6348.
Sequoia Pacific Research Company and SoilSET are both
trademarks of Sequoia Pacific Research Company.
For further information, please contact Katie Hoshino,
+1-801-523-3730, khoshino@politis.com, or David Politis,
+1-801-523-3730, or cell, +1-801-556-8184, dpolitis@politis.com,
both of Politis Communications for Sequoia Pacific
Research Company; or Terrence Chatwin of Utah Engineering
Experiment Station, +1-801-581-6348, terrence.chatwin@utah.edu.
Source: Sequoia Pacific Research Company
CONTACT: Katie Hoshino, +1-801-523-3730, khoshino@politis.com,
or David
Politis, +1-801-523-3730, or cell, +1-801-556-8184,
dpolitis@politis.com, both
of Politis Communications for Sequoia Pacific Research
Company; or Terrence
Chatwin of Utah Engineering Experiment Station, +1-801-581-6348,
terrence.chatwin@utah.edu
Web site: http://www.utah.edu/uees
Web site: http://www.sequoiaprc.com/
|