Sydney, Feb 1, 2008 (ABN Newswire) - Hydrotech International Limited (ASX: HTI) - During the period from October to the end of December, the Company has continued its strategies in Europe and Asia. The Christmas holiday period saw the building sector in the UK close until the 7th of January. During this time, Hydrotech prepared several tenders which are now with customers for their approval and further discussion if necessary.
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The R & D facility in Norway is now completely up and running. The engineers have been busy establishing several test experiments, which have been prepared as a result of enquiries from potential customers. In addition to the ongoing development of the MPS system (Multi Pulse Sequencing), we have been finalising the WET system (Water Extraction & Transfer). This system is under development as a solution to arid land that has a deep water table that can be accessed by WET. Furthermore the system allows 'brown field sites" to be developed as the WET system can move water from saturated land to allow developers to construct buildings and towns where that were not feasible before.
Patents are being prepared prior to launch of the system. We envisage that possibly as many as ten Patents will be applied for to protect this advanced technology. Once the Patent applications are submitted, Hydrotech R & D will publish detailed technical information to allow potential customers including developers, mining companies, water companies and government departments the opportunity to evaluate the system as a one stop solution to a problem that until now was almost impossible to solve. Further applications and control equipment is under development and more will be announced in the coming months.
Hydrotech Europe plc (HEP) has appointed a new Managing Director, Ms Bogusia Matushak-Varley. Bogusia has spent the last 20 years a management consultant and as an OFSTED inspector. She brings a very strong commercial skill base to HEP and to date we have seen a marked increase in time management and productivity. Bogusia is currently studying for her Phd in Management Consulting which will be completed next year.
Contact
TEL: +61 8 6212 0171
info@hydro-usl.com
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