Press Release: February 26, 2015
BioLargo’s AOS Filter Receives Financial Support from the Government of Canada and Alberta Innovates
SANTA
ANA, CA – BioLargo,
Inc. (OTCQB: BLGO) announced today that its Canadian subsidiary BioLargo Water,
Inc. has received financial contributions from two additional government agencies
to support the work around its AOS Filter. The National Research Council ofCanada Industrial Research Assistance Program (NRC-IRAP) has provided BioLargo
with financial support through its “Youth Employment Program” (YEP), to further
its fundamental mission to “stimulate wealth creation through innovation,” and dedicated
to support the work of Simmon Hofstetter, PhD, exclusively for BioLargo Water,
Inc. and its AOS Filter technology.
“NRC-IRAP’s support ensures our company continued scientific expertise to
help us in our journey to develop and commercialize the AOS Filter Technology”,
commented Dennis Calvert, President & CEO of BioLargo. “NRC-IRAP’s YEP is specifically
designed to support highly trained post-secondary graduates like Dr. Hofstetter
in his work with BioLargo Water.”
Simmon Hofstetter holds a PhD in Food Science &
Technology from the University of Alberta, with a background rooted in
microbiology, and experience with industrial
research and development in the food safety industry, as well as in novel
technologies geared towards eliminating microbial pathogens. Dr. Hofstetter has
also worked as a Post-Doctoral Fellow at the University of Alberta to
assist with biodegradation and reclamation research pertaining to the Athabasca
Oil Sands. Overall, Dr. Hofstetter brings a suite of expertise in microbiology
and toxic compounds relevant to precious water resources. Dr. Hofstetter is
working to enhance and expand current applications of the AOS Filter
technology.
In addition to the support from NRC-IRAP, Alberta Innovates-Technology Futures (AITF) contributed $62,500 under its program to
help support the work of Petr Miller, PhD. AITF
Industry Associates Program grants are awarded to help accelerate business
ideas with research expertise, transform Alberta industry through practical
application of research, and to support highly trained personnel in research
and industry settings. The grant value is for one year’s support with the
intent to extend for an additional $62,000 for year two. This funding will enable
BioLargo Water to support Dr. Miller’s ongoing work to scale up and refine the
BioLargo AOS system.
BioLargo Water- Research Center |
“We are thankful to have Drs. Hofstetter and Miller on our BioLargo team and are excited to have the support of such renowned organizations as the NRC-IRAP
and Alberta Innovates”, stated Mr. Calvert.