Thursday, August 09, 2012 10:54:11 AM
Commercialized Version of STWA's New Crude Oil Pipeline Efficiency Technology Now Being Built in the USA
SANTA BARBARA, CA, Aug 09, 2012 (MARKETWIRE via COMTEX) -- STWA, Inc. (OTCBB: ZERO) ("STWA" or the "Company"), a developer of applied solutions for oil and fuel delivery systems in the multi-billion dollar oil pipeline and diesel engine markets, announced today that it has proceeded to commercial manufacturing of its second-generation Applied Oil Technology(TM) (AOT(TM)).
The commercialized design is the result of months of rigorous engineering, physics support from STWA co-development partner Temple University, and manufacturing support from the Company's supply chain members. The commercial design had strong input from industry contacts and experts and should prove to be a version that can meet industry standards following concept viability and certification testing.
The commercial design, known as AOT(TM) 2.0, is based on numerous field trials and improvements of its predecessor, 1.2v. The new design improves upon the 1.2v in many ways, all driven by industry, manufacturing and physics guidance received by the Company from its co-development partners and industry relationships. The AOT(TM) 2.0 has a continuous duty flow rate of over 5,000 gallons per minute, ASME certification, Class I Div II components, and the ability to be installed in parallel to handle any commercial scale pipeline flow rate. The AOT(TM) 2.0 improvements yield a device that is over 23x more valuable per unit than the 1.2v design.
Among the many improvements above and beyond its predecessor, are a simplified manufacturing process, off the shelf parts hardware assembly, and proprietary trade-secret materials and manufacturing processes to complete the design. The AOT(TM) 2.0 is extremely robust in nature, with a duty rating of 1200psi, expandable to over 1500psi, and easily configurable to accommodate even the most challenging installation locations. With a total footprint of only 5 feet on each side, and an overall height of only 24 feet per pressure vessel, the unit is easily plumbed into service with a pipeliner's standard crew and equipment. The design is also easily serviceable in the field, with replaceable internal parts, serviced on a routine scheduled maintenance plan.
The AOT(TM) 2.0 is built in the USA, and can be exported to customers around the world.
"This final, compulsory stage in our commercialization process is truly our most significant milestone yet. Following this step, we will be able to reveal financial metrics from which STWA establishes its evolving valuation points," said STWA CEO, Mr. Cecil Bond Kyte. "On behalf of all of us at STWA, we want to extend a thank you to our shareholders; you made this possible."
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