aronis Completes First Commercial Sterilization of Cyanobacteria
7/16/19, 5:00 AM
Company Successfully Remediates Hibiscus Lake in Clearwater, Florida
PHOENIX, AZ / ACCESSWIRE / July 16, 2019 / Taronis Technologies, Inc., (“Taronis Technologies” or “the Company”) (NASDAQ: TRNX), a leading clean technology company in the renewable resources and environmental conservation industry, today announced that is has successfully completed a commercial pilot for its water decontamination technology for the remediation of cyanobacteria. The pilot project was the treatment of a cyanobacteria blue green algae bloom at Hibiscus Lake in Clearwater, Florida. The contract was vetted and approved by the city of Clearwater, and was completed last week. The Company plans to conduct further testing and monitoring for several weeks, but the initial findings indicate that cyanobacteria levels post-treatment have been dramatically reduced, and the algae bloom was successfully remediated.
“This was a positive milestone for our emerging water technology applications,” commented Scott Mahoney, CEO of Taronis. “We gathered a great deal of critical data related to the efficacy of our solution, as well as the economic viability of a commercially scalable version of our current mobile water decontamination plasma arc demonstration unit.”
“With this successful pilot, we plan to now shift our focus to seek out a potential commercial partner with whom we would look to introduce this solution at a larger scale. We have identified several promising potential partners with a strong strategic fit with our vision for a combined solution. Our goal is to identify a joint venture or licensing arrangement as soon as practically possible for our cyanobacteria solution,” concluded Scott Mahoney.
