A UNIVERSITY company has
won backing to develop a device
it believes will revolutionise
water treatment.
Newcastle University's Clarizon
has developed an electrochemical
ozone generator, which
uses ozone to purify water.
Ozone is one of the most powerful
chemicals available for disinfection,
sterilisation processes,
but presently takes only
about a one per cent share of a
$30bn worldwide water-purification
market dominated by chlorine.
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Clarizon, led by chemistry
professors at the university, has
secured an investment of
£100,000 from the North-East Equity
Matching Fund (NEEMF),
managed by Entrust, and a sixfigure
sum from private investor
Robin Rae, MD of Edinburghbased
investment company,
Jaroscope.
Created through the Department
of Trade and Industry's
Small Business Service, NEEMF
is a £2.5m co-investment fund designed
to increase private investment
activity in the North-East.
Clive Dyson, managing director
of Clarizon, said: "Together
with our partners at the Universities
of Newcastle and Hong
Kong we have spent the past
three years developing and proving
the technology.
"Initially, we are targeting the
white goods and drinks industries
in areas such as laundry disinfection
and beer-line cleaning.
"The rest of this funding will
enable us to take our first products
to market during 2009 and to
progress the development of
larger ozone generators."
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