Westminster, CA – October 6, 2022 – BioLargo, Inc. (OTCQB:BLGO), a developer of sustainable cleantech technologies and full-service environmental engineering company, announced that it signed a channel partnership agreement with Product Recovery Management, Inc. to sell and distribute BioLargo’s water treatment systems and act as a contract manufacturer.
Product Recovery Management (PRM) (https://www.prmfiltration.com/),
based out of Butner, NC, is a UL-certified equipment integrator specializing in
remediation services with over 40 years of history serving customers. PRM
designs and manufactures treatment systems that address a wide variety of contamination
challenges in the remediation and landfill industries, including PFAS
contamination. Their Butner operations include a 250,000 square foot
manufacturing facility with large-scale fabrication capabilities.
The channel partner agreement grants PRM a license to sell
and distribute BioLargo’s innovative water and wastewater treatment
technologies, including but not limited to the Aqueous Electrostatic
Concentrator (AEC), BioLargo’s effective, affordable, low-waste solution for
removing per- and polyfluoroalkyl substances (PFAS) from water. PRM will also be
authorized to sell BioLargo’s Advanced Oxidation System (AOS) technology, the
energy-efficient and affordable solution for simultaneous water disinfection
and micropollutant treatment.
PRM will also be a contract manufacturer for BioLargo’s
water treatment technologies, including the AEC, the AOS, as well as other
treatment systems designed by BioLargo (e.g., reverse osmosis systems).
“PRM has substantial expertise and infrastructure to support
the roll-out and manufacturing of our cleantech systems. This relationship will
allow us to more readily meet the growing demand for our systems and expand our
reach into the market. We have already begun scoping our first project together,”
says Randall Moore, President of BioLargo Engineering, Science & Technologies
(BioLargo’s engineering subsidiary – www.BioLargoEngineering.com).
“BioLargo’s AEC and AOS technologies are unique and valuable
tools for targeted removal of tough-to-treat water contaminants including PFAS
and micropollutants, both of which currently lack effective and affordable
options in the marketplace. We recognized in BioLargo a commitment to serve
customers with technical excellence and reliable results. We look forward to
working with the BioLargo team,” said Robert Phillips, Jr., President of
Product Recovery Management.
About PRM:
Headquartered in Butner, NC. PRM was founded in 1990 by Mel
and Brian Phillips. Originating as Phillips Electric Company in 1976, PRM is
now a premier environmental remediation and landfill gas company with systems
operating across the globe. PRM is an Original Equipment Manufacturer (OEM) of pollution
control and other equipment, mainly focused on the Remediation and Landfill
Industries. Their experiences and talents are well diversified.
About BioLargo, Inc.
BioLargo, Inc. (OTCQB:BLGO) invents, develops, and
commercializes innovative technologies in the cleantech space, including for PFAS
contamination, advanced water and wastewater treatment, industrial odor and VOC
control, air quality control, and infection control. With over 13 years of
extensive R&D, BioLargo holds a wide array of issued patents, maintains a
robust pipeline of products, and provides full-service environmental
engineering. Our approach is to invent or acquire novel technologies and develop
them to maturity through our operating subsidiaries. We have developed a number
of key channel partnerships to support the reach of our products and services
and maximize their commercial potential. With a keen emphasis on collaborations
with academic, municipal, and commercial organizations and associations,
BioLargo has proven itself with over 90 awarded grants and numerous pilot
projects. We monetize through direct sales, recurring service contracts,
licensing agreements, strategic joint venture formation and/or the sale of the
IP. See our website at www.BioLargo.com.
Contact Information
Dennis P. Calvert
President and CEO, BioLargo, Inc.
888-400-2863
Safe Harbor Act
This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements include without limitation those about
BioLargo’s (the “Company”) expectations regarding anticipated revenue and plans
for future operations, and may be identified by words such as “we believe”.
These statements involve risks and uncertainties, and actual results may differ
materially from any future results expressed or implied by the forward-looking
statements. Risks and uncertainties include without limitation: the effect of
the COVID-19 pandemic on the Company’s business, results of operations,
financial condition, and stock price; the effect of global and regional
economic conditions on the Company’s business, including effects on purchasing
decisions by consumers and businesses; the ability of the Company to compete in
markets that are highly competitive and subject to rapid technological change;
the ability of the Company to manage frequent introductions and transitions of
products and services, including delivering to the marketplace, and stimulating
customer demand for, new products, services, and technological innovations on a
timely basis; the dependency of the Company on the performance of distributors
of the Company’s products. More information on these risks and other potential
factors that could affect the Company’s business and financial results is
included in the Company’s filings with the SEC, including in the “Risk Factors”
and “Management’s Discussion and Analysis of Financial Condition and Results of
Operations” sections of the Company’s most recently filed periodic reports on
Form 10-K and Form 10-Q and subsequent filings. The Company assumes no
obligation to update any forward-looking statements or information, which speak
as of their respective dates.
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