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PRZOOM - /newswire/ -
Winston-Salem, NC, United States, 2011/03/29 - SmallCapReview, A leading site for news and information on small caps, penny stocks and microcaps is adding Abtech Holdings (ABHD) to its list of stocks "On the Radar" - SmallCapReview.com.
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Abtech Industries (ABHD) is a subsidiary of AbTech Holdings Inc. and an environmental technologies firm dedicated to providing innovative solutions to communities, industry and governments addressing issues of water pollutants and contamination.
Its products are based on polymer technologies capable of removing hydrocarbons, sediment and other foreign elements from still (ponds, lakes and marinas) or flowing water (curbside drains, pipe outflows, rivers and oceans). In addition, Smart Sponge Plus reduces coliform bacteria found in stormwater, industrial wastewater, and municipal wastewater. EPA Registration # 862561.
The company currently holds seventeen patents. AbTech's Smart Sponge technology is installed in more than 15,000 locations in 36 states across America and in 8 countries worldwide.
The Environmental Protection Agency lists AbTech's UltraUrban Filter series with Smart Sponge technology as a Best Management Practice (BMP) under the federal guidelines that local governments must follow.
AbTech offers a proprietary polymer technology unique in its ability to effectively remove, absorb and retain hydrocarbons from flowing or pooled water. AbTech has created a truly distinctive line of products developed specifically to overcome the various difficulties common to either traditional sorbent materials or their expensive mechanical alternatives. AbTech's filtration systems are adaptable, install quickly, and provide immediate BMP solutions with maximum flexibility for industrial, municipal and marina applications.
ABHD Investor Highlights
AbTech's Smart Sponge technology is installed in more than 15,000 locations in 36 states across America and in 8 countries worldwide.
Announced expanded testing of it's Smart Sponge technology in order to help address nuclear facility wastewater cleanup including hydrocarbon removal in process water, hydrocarbon removal in decommissioning wastewater and PCB filtration at nuclear facilities.
AbTech's efforts in this area have been underway since May of 2010 as a development program to create solutions for nuclear power facilities as part of a facility treatment train. Given the results of positive bench scale testing, AbTech is now expanding to field testing as a part of a treatment process within a nuclear facility.
Announced that its innovative Smart Sponge Plus technology has been approved by the U.S. Environmental Protection Agency (EPA) for the reduction of harmful coliform bacteria in stormwater runoff, responsible for 20,000 beach closures per year.
Smart Sponge Technology has shown to be effective at the removal of specific polymers and hydrocarbons in general throughout ongoing nuclear wastewater tests. All radioactive compounds associated with the polymers or hydrocarbons present in the wastewater were also shown to be removed as well.
Announced that Bjornulf White, former portfolio manager at Lockheed Martin Corporation, has been named AbTech Industries' Vice President of Strategy and Business Development. He will manage AbTech's government relations and spearhead business and R&D opportunities focused on the federal government.
Announced the appointment of Jonathan Thatcher, former Director and President of Exeter Life Sciences, Inc., as the new Chief Operating Officer of AbTech Industries. As C.O.O., Thatcher will be responsible for AbTech's day-to-day operations, financial planning and management. Additionally, he will support strategic planning and participate in acquisition and growth opportunities to support AbTech's overall business objectives.
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