Monday, 29 September 2014
–Industry Expert Validates Unprecedented Effectiveness in Removing Contaminants from Water
SANTA ANA, CA – September 29th, 2014 – BioLargo, Inc. (OTCQB: BLGO) announced that scientists at the University of Alberta Department of Agricultural, Food and Nutritional Science tested and validated its Advanced Oxidation System (AOS) Filter for use in food and agriculture. This work follows on the heels of validation work by the University of Alberta’s Department of Engineering for its use in eliminating soluble organic contaminants like those found in oilsands tailings ponds.
The tests validated unprecedented effectiveness in destroying highly concentrated contaminants in sample water, including Listeria and Salmonella. Although the testing is applicable in many areas, food safety was a primary concern of this most recent work. Professor Lynn McMullenevaluated the results and commented, “The AOS Filter technology could be highly efficient in solving food safety problems and may be applied to improve food quality with the potential to improve storage life. The potential applications of the BioLargo AOS filter in the food industry could be endless – from primary commodities to finished food products.”
She further explained, “At the foundation of the AOS Filter is its efficiency in generating a highly oxidative state. The data supports its potential to accomplish high-level disinfection that can be useful in multiple markets including food processing and agriculture production. Extremely high levels of performance [disinfection] were achieved during testing and we are excited to expand the work with BioLargo to other applications targeting food safety concerns.”
The company intends to expand its focus to include commercial opportunities for its AOS Filter within the agriculture and food processing industry. Its commercial success will depend upon commercial scale testing, finalizing design and engineering, refining target markets and proving efficacy, as well as general business sales, distribution and/or licensing resources, and appropriate regulatory approvals where needed.
Dennis Calvert, President of BioLargo, stated: “This validation further demonstrates the effectiveness of our AOS Filter technology and it points to the growing excitement for our significant commercial opportunity across multiple industries. We have already demonstrated the AOS Filter’s ability to dismantle organic molecules commonly trapped in water, in ‘seconds vs. hours’ and at extremely low power levels. It is believed to offer a low cost solution when compared to all other technologies. Now, by expanding the work to include high-level disinfection within the food and agriculture industry, we can confidently point to the expanded scope of our future commercial markets. We believe the AOS Filter will dramatically impact every segment of the $350 billion water industry. We believe that many market opportunities will include strategic alliances and joint venture partners to exploit such a large opportunity as ours. We look forward to sharing additional scientific results as the various researcher teams publish them. We are very excited about this milestone, the expanding work within the Department of Agricultural, Food and Nutritional Science at the University of Alberta, and the massive commercial future for our AOS Filter.”
Tuesday, 23 September 2014
SANTA ANA, CA – BioLargo, Inc. (OTCQB: BLGO) announced today its Odor-No-More subsidiary was awarded a contract for 885 cases (total order approximately $50,000) of its Specimen Transport Solidifier Pouches from the U.S. Defense Logistics Agency (DLA – www.dla.mil), through its distributor Downeast Logistics. The Specimen Transport Solidifiers are small absorbent pouches containing BioLargo’s patent- protected technology and sold under the “NBS” brand. They are used by the military as a safety measure in the event of a spill during the transport of blood, urine and other hazardous medical liquids. The company is producing the products for the order, and plans to fulfill the order in early October. This is the largest of many small orders from the DLA.
Additionally, the company has received initial orders for its Suction Canister Solidifiers for troop deployment kits (Assemblages) as well as new orders and reorders from multiple MMFs (Military Medical Facilities), including but not limited to the Langley and Fort Knox hospitals.
Odor-No-More has also received a series of small opening orders for “private label” products in which each customer plans to sell products containing BioLargo’s patented technology under their own brand. The products are being resold into the Janitorial, Hospitality and Pet Products industries in the U.S. as well as other countries. More Private Label projects are in the works.
Dennis Calvert, President & CEO of BioLargo commented, “These are just a few examples of how our odor-control technology is finding its way to market. Our investment of time and money in advancing our technology, and refining our products, has enabled us to create top-performing and award-winning products. We are encouraged and each of these small steps helps to expand our business and opens new opportunities for sales and new products.”
Thursday, 4 September 2014
BioLargo, Inc. was recently featured in MicroCap Review’s Summer/Fall 2014 print and online issues. BioLargo is featured on page 30 in an article titled, “Is BioLargo’s ‘AOS Filter’ the World’s Most Valuable Technology?” where the author discusses the company’s Advanced Oxidation System (AOS) Filter solution and its multiple applications in the $360 billion water industry. The full article and publication can be found at www.MicroCapReview.com.
Is BioLargo’s “AOS Filter” The World’s Most Valuable Technology?
Water is now being called ‘the new gold’ because usable water is growing scarce and is arguably our planet’s most valuable resource. We use it to produce oil and gas. We power our cities and run our factories with it. We grow crops and feed livestock with it. Like the air we breathe, water is essential for life. Relative to the seemingly endless supply of water, ‘usable water’ is becoming more difficult to find while demand continues to increase.
Two thirds of the surface of our planet is covered with water, but 97% is saltwater and not usable for consumption, agriculture or most other industrial purposes. There are countless desalinization plants around the globe, but there is no technology that converts salt water to fresh water cost-effectively and in the vast amounts needed. Of all the water on the planet, less than 1% is fresh water. That freshwater is found in rivers, lakes and groundwater, but flooding, natural disasters, and industrialization are rapidly polluting much of that and reducing it even further.
One of many sources of water pollution comes from the recovery and refining processes to produce the oil and gas we need for our homes, our cars and our factories. It is estimated that oil production will have to double in the next 20 years just to keep up with the increased demand. That may seem like a challenging but achievable objective, but with the advent of non-conventional, but essential supply sources like oil sands and shale gas, meeting that goal could require 4 gallons of water to produce one gallon of oil from oil sands or fracking, and another 4 gallons of water to refine one gallon of gas. In light of the heavy water requirements, the heavy water pollution, and the growing opposition to water pollution, the goal to expand energy production suddenly becomes daunting.
There are two formidable obstacles related to the water that is absolutely essential to the oil industry. First, there is a shortage in many regions that is already acting as a restraint on production. Second, the enormous amounts of wastewater produced from the recovery process is increasing the threat of toxic contamination of rivers, lakes and groundwater, and is becoming an economic and political barrier to further oil and gas production until more usable water can be found and until the toxic wastewater can be decontaminated quickly, cost-effectively, and safely returned to the earth.
The massive amounts of wastewater from oil recovery, fracking and refining are problematic, but are only the tip of the iceberg. According to EPA estimates, oil & gas and mining use about 1% of the useable water supply while agriculture uses about 37%. The wastewater from oil & gas and mining is highly toxic, but the wastewater from agriculture also contains large amounts of toxic chemicals and nutrients that are polluting much of the remaining usable water. Furthermore, the United Nations estimates that up to 90% of toxic wastewater in developing countries is sent untreated into rivers and open water bodies.
Agriculture and oil and gas are not the only source of contaminants threatening our water supply. Mining, industrial manufacturing, chemicals, and pharmaceuticals greatly add to the problem. Evidence of the enormous scope of contaminated water is supported by the fact that there are close to a hundred different wastewater treatment technologies.
If any of the traditional solutions were truly cost-effective at a scale capable of tackling these high volume needs, then there would be no problem. We would have ample clean and safe water for all our needs, but the simple truth is that not one of these traditional technologies works well enough to solve the entire problem. They are often too costly and they typically do not process adequate volumes in a short time frame. With the high cost and lengthy time of current water treatment technologies, supply shortages and price increases for clean water seem inevitable.
The Global Water Intelligence reports that water is estimated to be a $360 billion-dollar industry and that fact helps explains why there are so many competing technologies. Just one tiny little sliver of $360 billion is a lot of money. Clearly, a technology that could cost-effectively decontaminate water from agriculture, oil and gas, industrial, and mining operations would be extremely valuable.
Biolargo’s Patented AOS Filter was recently validated in proof of concept testing at the University of Alberta. It was shown effective at dismantling recalcitrant contaminants (the most difficult and hard to manage) in seconds versus hours, and, further, it accomplished the task at 1/20th the power consumption of the nearest competitor, pointing to its future as a disruptive contender in just about every water industry segment.
Iodine is the broadest and most potent disinfectant known. BioLargo’s AOS Filter combines iodine with well-understood technologies like carbon filter media, ceramics or membrane technologies to extract contaminates from a water-flow. The BioLargo AOS Filter converts a traditional filter mechanism into a reactor by adding electricity and oxidizing chemistry across the surface area of the filter media. The device delivers powerful oxidization to dismantle contaminants as they flow through the filter, all the while consuming an incredibly low level of energy. The device features high rates of oxidation, low power, high speed and a continuous flow. The dismantled contaminants are small enough in size that most of them pass through the filter without clogging. AOS therefore greatly extends the filter life.
The net result is expected to yield unparalleled cost effectiveness.
BioLargo’s AOS Filter is Well Positioned
University of Alberta has begun a pilot study to design and build a commercial version of BioLargo’s AOS Filter to prove scalability as well as optimize its functionality for use in the oil sands and across a host of other water treatment segments.
BioLargo recently announced it achieved another important milestone in the pilot testing of the device successfully replicating earlier proof of claim results and it confirmed the role of advanced oxidation within the AOS Filter reactor. This recent pilot work included bench-scale testing of contaminated water taken from actual field operations and it has proven the AOS Filter’s effectiveness at dismantling and removing targeted naphthenic acids, which are considered high-value and hard to contain contaminants of keen interest to the oil sands industry for more than 15 years.
Professor Lynn McMullen at the Department of Agricultural, Food and Nutritional Science at the University of Alberta, recently agreed to expand the AOS Filter pilot testing into areas of interest in food processing and agricultural production, including livestock related areas. The initial targets include clean in place (CIP), carcass and food washing and animal drinking water applications.
BioLargo is a founding member of a research chair sponsored by NSERC, Natural Sciences and Engineering Research Council of Canada, which organized in 2011 to solve the wastewater tailings ponds problem. Other founding members joining BioLargo include Suncor Energy, Syncrude Canada, Shell Canada, and Canadian Natural Resources, EPCOR, Environment Canada and Alberta Innovates.
BioLargo’s CEO, Dennis Calvert commented, “Our business is very exciting and certainly dynamic. Our patented technology is right on the leading edge and our AOS Filter has recently opened up a huge commercial opportunity for BioLargo. Our company’s culture is entrepreneurial at heart and we thrive on the challenge and adventure to create, validate and commercialize our break-through technologies. Our Chief Science Officer, Kenneth Reay Code continues to set the technical performance bar to the highest standards and his discipline has proven invaluable as we introduce new technology to industry and gain acceptance. Our team is comprised of an impressive list of associates that are both leaders and patent holders from the top ranks of industry. Our future is quite bright.”
BioLargo’s mission is to make life better. It has the technology, the team, and the driving purpose to succeed. BioLargo is a platform technology company that expects to generate the bulk of is revenues through licensing its AOS Filter and other platform technologies it developed that have important application in water, healthcare, energy, and consumer products segments.
Monday, 18 August 2014
As announced on August 18, 2014, BioLargo, Inc. (OTCQB: BLGO) entered into a manufacturing and distribution license agreement for its Isan® system with Clarion Water, a new operating division of InsulTech Manufacturing, LLC (www.insultech.com), the latter of which has over 20 years of commercial success around the globe representing hundreds of millions in sales of technical products to Fortune 100 companies.
Owned in equal parts by BioLargo, Inc. and Peter Holdings, Ltd., the Isan system leverages the power of iodine to provide the world’s most effective disinfection dosing systems. It has been referred to as one of the most important technical advancements in food safety in the past 20 years. It won a ‘top 50 water company award’ by the Artemis Project in 2010 and a DuPont Innovation Award for its excellence in science and innovation in 2004.
Dennis Calvert, BioLargo's president, stated: "This represents a promising opportunity for BioLargo to bring one of our platform technologies to market. As we work on initiatives to commercialize several iodine-based technologies, it was important to us to find a partner with the manufacturing and distribution experience, capabilities and capital resources to fully realize the potential of the Isan system. The global applications for the Isan system are vast as industries all over the world seek a sustainable and cost-effective solution to disinfect water and control disease.”
Iodine is a powerful, broad-spectrum biocide that is a logical replacement for chlorine in applications involving irrigation supply and post-harvest sanitation. Through its automated and precise dosing system, the Isan system can help increase the quality and shelf life of fruits, vegetables, and other produce, is effective against a host of bacteria and fungi, and helps producers conform to increasingly stringent food safety regulations such as the Hazard Analysis and Critical Control Points (HACCP), which addresses food safety through the analysis and control of raw material hazards.
“The Isan system has been validated through early stage commercialization and comprehensive testing conducted in Australia and New Zealand. Clarion intends to leverage this early work and focus initial commercialization efforts on the vast opportunities for the technology in improving plant quality and shelf life as well as explore additional opportunities for use in select industrial applications. We are excited to bring this technology into the market place through this licensing partnership,” concluded Calvert.
Tom Bercaw, President and Founder of Clarion Water commented, “We are excited about the significant opportunities for the Isan technology around the world. We conducted extensive market research to validate the high global demand for water disinfection systems with the performance and features of the Isan system. The system features a green, environmentally friendly design focused on solving many of the critical issues faced by agriculture, industry, municipalities and others with regard to safe, effective and responsible water treatment. In addition, the Isan system has been proven to enhance food safety and HACCP compliance, which has been an ever increasing concern in the US and abroad. We believe the Isan system is a good fit for our talents, experience and market presence.”
Terms of Agreement
Per the terms of the agreement, Clarion receives the exclusive global manufacturing and distribution rights to the Isan system and use of all historical data to support its commercial focus. Clarion will pay BioLargo a patent maintenance fee of $25,000 per year paid quarterly in arrears, and royalties on revenue equal to 10% paid quarterly in arrears. There are no minimum royalty payments for the first two years, but at year three (beginning July 1, 2016) the minimum royalties are $50,000 per quarter, at year four $75,000 per quarter, and at year five and onward $100,000 per quarter. The intellectual property subject to the license agreement includes all intellectual property related to the Isan System, including all patents, trademarks, proprietary knowledge, and other similar know-how or rights relating to or arising out of the Isan System or the patents related to the Isan System. The agreement contains other terms and conditions typically found in intellectual property license agreements.
BioLargo and Peter Holdings received a royalty advance of $100,000 upon execution of a letter of intent in February of 2014, which will now be applied to royalties received during the first two years of the agreement. BioLargo retains certain marketing rights to help develop clients for Clarion.