teno4212
03-14-2006, 12:01 AM
Up over 100% yesterday with nice volume.. any thoughts? Sounds like some pretty neat High-Tech mad money to me! But I'm still new.
NanoLogix Announces Completion of Welch`s Hydrogen Bioreactor Facility and Commencement of Hydrogen Production
March 13, 2006 10:47:02 (ET)
SHARON, Pa., Mar 13, 2006 (BUSINESS WIRE) -- NanoLogix, Inc. (Pink Sheets:NNLX) announced today that the Company has completed the construction of its first commercial hydrogen bioreactor facility at a Welch's Food plant in North East, Pennsylvania. The company also announced that the facility will begin hydrogen generation from Welch's waste organic matter on or about the first of April 2006.
The technology behind the hydrogen bioreactor, developed and patented by NanoLogix in coordination with the Gannon University Department of Environmental Science & Engineering, allows for the limitless production of hydrogen from organic containing waste waters and any waste organic materials, such as sewer water, ground up garbage, etc.
David F. Rivers, a director of NanoLogix, CEO of Patriot Lift Company (http://www.patriotlift.com) spent more than 30 years with Pfizer's (PFE, Trade) Schick & Wilkinson Sword business unit and General Motors' (GM, Trade) Fisher Body Division in Senior Research, Development and Engineering operations, commented that, "This level of activity allows NanoLogix to demonstrate capabilities of its prolific intellectual property portfolio."
David C. McClelland, President of NanoLogix, commented, "We are delighted that construction of the facility has been completed and that hydrogen generation from Welch's waste streams is beginning. Beyond our own satisfaction of creating nano-products with great utility in real-world applications, comes the satisfaction of developing technology that greatly impacts the global community to everyone's benefit. Our ability to produce hydrogen in this manner represents a crowning achievement in the worldwide search for alternative fuel sources and a lessened global dependency on fossil fuels."
About NanoLogix, Inc.
NanoLogix is a nano-biotechnology company whose extensive portfolio of patents have application and marketability in the following areas: nanoscale microfluidics for the rapid identification of disease causing pathogens utilizing BioMEMS; production of high value hydrogen from agricultural feedstock, industrial waste water and municipal waste streams; nontoxic induction of apoptosis (a method for inducing a genetically based induction of "cell suicide") in cancer cells utilizing hydrophobic hydrocarbons; and the bio-remediation of air, water and soils of harmful contaminants.
About Welch's
Welch's is the world's leading marketer of Concord and Niagara grape-based products, including grape juice and jelly. The company produces a variety of other fruit-based products, including 100% juices, juice cocktails, and drinks in the following forms: single serve, bottled, refrigerated, and frozen and shelf-stable concentrates. In addition, Welch's produces a number of fruit spread products under both the Welch's and BAMA brand names. Welch's Web site can be found at http://www.welchs.com.
NanoLogix Announces Completion of Welch`s Hydrogen Bioreactor Facility and Commencement of Hydrogen Production
March 13, 2006 10:47:02 (ET)
SHARON, Pa., Mar 13, 2006 (BUSINESS WIRE) -- NanoLogix, Inc. (Pink Sheets:NNLX) announced today that the Company has completed the construction of its first commercial hydrogen bioreactor facility at a Welch's Food plant in North East, Pennsylvania. The company also announced that the facility will begin hydrogen generation from Welch's waste organic matter on or about the first of April 2006.
The technology behind the hydrogen bioreactor, developed and patented by NanoLogix in coordination with the Gannon University Department of Environmental Science & Engineering, allows for the limitless production of hydrogen from organic containing waste waters and any waste organic materials, such as sewer water, ground up garbage, etc.
David F. Rivers, a director of NanoLogix, CEO of Patriot Lift Company (http://www.patriotlift.com) spent more than 30 years with Pfizer's (PFE, Trade) Schick & Wilkinson Sword business unit and General Motors' (GM, Trade) Fisher Body Division in Senior Research, Development and Engineering operations, commented that, "This level of activity allows NanoLogix to demonstrate capabilities of its prolific intellectual property portfolio."
David C. McClelland, President of NanoLogix, commented, "We are delighted that construction of the facility has been completed and that hydrogen generation from Welch's waste streams is beginning. Beyond our own satisfaction of creating nano-products with great utility in real-world applications, comes the satisfaction of developing technology that greatly impacts the global community to everyone's benefit. Our ability to produce hydrogen in this manner represents a crowning achievement in the worldwide search for alternative fuel sources and a lessened global dependency on fossil fuels."
About NanoLogix, Inc.
NanoLogix is a nano-biotechnology company whose extensive portfolio of patents have application and marketability in the following areas: nanoscale microfluidics for the rapid identification of disease causing pathogens utilizing BioMEMS; production of high value hydrogen from agricultural feedstock, industrial waste water and municipal waste streams; nontoxic induction of apoptosis (a method for inducing a genetically based induction of "cell suicide") in cancer cells utilizing hydrophobic hydrocarbons; and the bio-remediation of air, water and soils of harmful contaminants.
About Welch's
Welch's is the world's leading marketer of Concord and Niagara grape-based products, including grape juice and jelly. The company produces a variety of other fruit-based products, including 100% juices, juice cocktails, and drinks in the following forms: single serve, bottled, refrigerated, and frozen and shelf-stable concentrates. In addition, Welch's produces a number of fruit spread products under both the Welch's and BAMA brand names. Welch's Web site can be found at http://www.welchs.com.