STW Holdings and Tat-Tech Execute a Development Joint Venture to Deploy Sea Water Processing and Power Generation Technology The Joint Venture will Deploy Equipment for Recycling Seawater and Brackish Water while Producing Electricity from the Process.
MIDLAND, Texas, Sept. 18, 2013 /PRNewswire/ -- STW Resources Holding Corp. (OTC QB: STWS) announced today a mutual strategic relationship with Tat-Tech, Inc. to remediate oil sands waste, brackish ground water and seawater via the construction and operation of proprietary systems developed by Tat-Tech.
Tat-Tech's High Frequency Electro Induction System utilizes elemental frequencies that result in the production of electricity for on-site consumption, with the excess generation converted into AC power and transmitted via power line infrastructure to end consumers. Simultaneously, the System processes saline laden waters to recover fresh water that meets potable standards. Each containerized cell has the capability to process approximately 1,000,000 gallons of influent, with an average 80% recovery of fresh water and generation of (1) MW of electricity or approximately 24,000 kWh per day.
STW Chief Executive Officer, Stanley Weiner, said, "I have observed the efficacy of this technology when Tat-Tech processed some seawater in its lab system. We had the effluent tested at a certified third-party laboratory and the resulting analyses confirmed that the process works. We are now building a larger demonstration unit to perform pilot tests for customers. With the ability to process salt water into potable water and the extra benefit of producing electricity, this technology will have worldwide implications."
"STW is implementing a marketing plan to commercialize this technology," said Lee Maddox, STW Chief Operating Officer, "We are also in discussions with potential industry partners to co-develop the technology for various applications internationally."
STW Resources Holdings Corp. consults and provides customized water analysis, reclamation and remediation services to a variety of complex industrial and municipal applications throughout several geographic locations. As an independent solutions provider, STW utilizes proven technologies from various well-known manufacturers. These technologies are available as fixed or mobile units with varying capabilities. STW's process ensures that the most effective and efficient technologies are implemented. Current potential project locations include the Eagle Ford Shale (TX), west Texas Delaware and Permian Basins (TX), and New Mexico. STW is also involved in the oilfield construction business providing road, pit, location, and water pond construction. It also offers evaporation covers for the elimination of evaporation on frac ponds used through out the oilfield. It is a conservational and economic method of preserving one of our natural resources and can be floated on to existing ponds or installed during construction. It also eliminates algae growth, doubles as a bird net, and reduces erosion of pond infrastructure. High quality liners with fusion-welded seams, quality control testing including air tests of seams and destruction testing are also offered.
About Tat-Tech, Inc.
Tat-Tech, Inc. technologies are based on HiFEIS (High Frequency ElectroInduction System), a proprietary technology. HiFEIS can be used for a number of applications: recovery of minerals, remediation of mine tailings, water purification, cleaning sewage water, desalination of sea water, generating electricity from sea water, economical production of hydrogen, removal of hydrocarbons from oil fields, beaches and the ocean floor, all with no pollution or carbon footprint or the use of chemicals.
This news release contains forward-looking statements about our business, or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
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SOURCE STW Resources Holding Corp.