Phoenix, November 5, 2018 (GLOBE
NEWSWIRE) – Dennis
Calvert, CEO of BioLargo, Inc. (OTCQB:BLGO), recently
spoke with Stock
Day Podcast’s Everett Jolly to update listeners on the company’s recent
milestones.
Jolly
started out the interview highlighting that BioLargo’s odor and VOC control
products are set to do over $1 million in revenue in 2018.
“We
launched the product about two years ago into the municipal waste handling
industry”, Calvert explains to Uptick. “It took us about a year to get our
foothold in the market and over the past six months, we signed national
purchasing agreements with four of the top municipal waste handling companies
in the country and have enjoyed 100% regional adoption with those accounts in Southern
California, so the market is finally catching on that ours is a great product
backed by great service. We are also servicing early adopters in the waste
water treatment industry and new industries are just getting started as well. We
have also transitioned from being a tech shop to a solutions provider, adding engineering,
system design, installation, maintenance and service. We have only scratched
the surface of the global opportunity for CupriDyne Clean.”
Jolly
then shifted the interview to talk about Clyra Medical Technologies, Inc., the
BioLargo subsidiary that uses innovative patent protected chemistry in advanced
wound care. Calvert discussed the progress of its advanced wound care products
under its subsidiary Clyra Medical Technologies, and its recent 510 (k)
application with the FDA.
In a follow-up to the interview, Calvert expanded on their recent trip to
Washington, DC to meet with the FDA about the company’s pending application, “In
our meeting with FDA representatives last week, we were able to clarify the data
requirements and the appropriate pathway to success for our application. The
first series of questions asked of our team relates to labeling, shelf-life, and
composition, and we think that request and the answers are straight forward.
The more important request they made was that we conduct a short-term live
animal study which requires a small period of work and money to accomplish. We believe the time frame to meet these requests is manageable within
the next few months, and that the outcome will
ultimately result in FDA clearance of the product.”
Jolly
also asked Dennis about BioLargo Water’s AOS (Advanced Oxidation System), which
is a technological breakthrough in water and wastewater treatment and has the
potential to provide effective and cost-efficient elimination of pathogens and
hard-to-treat organics from wastewater. Calvert said the product is nearing
commercialization and is even currently part of several pre-commercial pilot
projects in real world industrial settings. He also went on to explain the
exciting independent 3rd-party validation of the high-value use of
the AOS for managing micropollutants and other hard-to-treat contaminants for
the wastewater industry.
“We
have major projects that all focus on taking the system into the field to work
with real clients to prove out its real economic value,” Calvert explained.
“It’s the final piece of making that technology ready for market. We think it’s
pretty exciting.”
To
hear the entire interview with Dennis Calvert, click the Stock Day podcast link
(https://upticknewswire.com/featured-interview-ceo-dennis-calvert-of-biolargo-inc-otcqb-blgo-10/).
About BioLargo, Inc.
BioLargo,
Inc. is an innovative technology developer and environmental engineering
company driven by a mission to "make life better" by delivering
robust, sustainable solutions for a broad range of industries and applications,
with a focus on clean water, clean air, and advanced wound care. We develop and
commercialize disruptive technologies by providing the capital, support, and
expertise to expedite them from "cradle" to "maturity"
(www.biolargo.com). Our engineering division features experienced professional
engineers dedicated to integrity, reliability, and environmental stewardship
(www.biolargoengineering.com). Our industrial odor control division,
Odor-No-More (www.odornomore.com) features CupriDyne Clean Industrial Odor
Eliminator (www.cupridyne.com), which eliminates the odor-causing compounds and
VOCs rather than masking them, and is now winning over leading companies in the
solid waste handling and wastewater industries and other industries that
contend with malodors and VOCs. Our subsidiary BioLargo Water
(www.biolargowater.ca) develops the Advanced Oxidation System "AOS,"
a disruptive industrial water treatment technology designed to eliminate
waterborne pathogens and recalcitrant contaminants with better
energy-efficiency and lower operational costs than incumbent technologies. Our
subsidiary Clyra Medical (www.clyramedical.com) features effective and gentle
solutions for chronic infected wounds to promote infection control and
regenerative tissue therapy.
Contact Information:
Dennis
Calvert President and CEO BioLargo, Inc. 949-643-9540 x2
Safe Harbor Act
This
press release includes “forward-looking statements” within the meaning of the
safe harbor provisions of the United States Private Securities Litigation
Reform Act of 1995. Actual results may differ from expectations, estimates and
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expressions are intended to identify such forward-looking statements. These
forward-looking statements involve significant risks and uncertainties that
could cause the actual results to differ materially from the expected results.
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SOURCE:
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