Advance Nanotech, Inc. (OTCBB: AVNA) today announced that the Company's majority
owned subsidiary, Owlstone
Nanotech, Inc., has received a development contract from Crowcon. Crowcon
Detection Instruments Ltd, based in the United Kingdom, specializes in developing,
manufacturing and marketing innovative, reliable and cost-effective flammable
and toxic gas detection equipment. Crowcon, founded in 1970, is a leader in
the fields of safety and environmental monitoring.
The contract will take Owlstone's Lonestar detection platform and integrate
it into Crowcon's PGSi Programmable Sampling System, a highly versatile system
that can monitor up to 32 sample lines sequentially. The PGSi is used in applications
for which a wide area detection is required, such as building protection and
brewery monitoring. The integration of Lonestar adds a broad band detection
capability that will allow the combined unit to be sold into a wider range of
industrial applications.
"We are pleased to announce this development contract with Crowcon, who
has been a long time partner and believer in our technology," commented
Bret Bader, CEO of Advance Nanotech. "This latest contract provides further
commercial validation of the broad applicability of the Owlstone technology,
as both a stand alone solution as well as an enhancement to existing systems.
With superior detection being the driver, we are able to open up new markets
for Advance Nanotech and its partners, as demonstrated by this contract with
Crowcon."
Stefan Kukula, Technology Director at Crowcon, said, "We have successfully
sold our PGSi in a number of industries. The addition of Lonestar to this platform
will open up the application space for our sales team to pursue." Dr Kukula
went on to comment, "We have been evaluating Owlstone's FAIMS technology
and Lonestar platform and think it represents a significant improvement in detection
capability compared with conventional sensors."
Posted April 21st, 2009
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