Centriforce Reports Successful Conference in Istanbul
Wednesday March 25, 2009, 6:00 am EDT
MIAMI--(BUSINESS WIRE)--Centriforce Technology Corp. (Pink Sheets:CNFO - News) management personnel met with world leaders addressing the world water shortage last week in Istanbul. The company found a high degree of interest in its new desalination technology and has entered into negotiations for initial installations with several major water producers.
“We met with major companies interested in partnering with CNFO to bring more efficient desalination technology to the market quickly,” noted Matthew Schulman, President. “By partnering with a current water producer, we can deliver our desalination process quickly by connecting to existing water infrastructure,” he concluded.
Water companies have profited as world demand has driven water prices higher with industry leaders such as Veolia Environmental [NYSE: VE] and Suez [NYSE: SZE] taking the lead along with equipment makers such as Danaher [NYSE: DHR].
Centriforce Technology expects to deliver a lower-cost, efficient desalination technology to help fill the growing demand for fresh water. Its competitive advantage will be the ability to deliver fresh water at a lower cost than its competitors.
