Taronis Technologies, Inc.
Under the Symbol:
Taronis Water Decontamination Technology Accepted by Florida Department of Environmental Protection
Monday, April 15, 2019 8:00 AM
Highly Competitive Innovative Technology List for Environmental Solutions
TAMPA, FL / ACCESSWIRE / April 15, 2019 / Taronis Technologies, Inc. ("Taronis' or "the Company') (NASDAQ: TRNX), a leading clean technology company in the renewable resources and environmental conservation industry, today announced that the Company has been accepted for inclusion in the Florida Department of Environmental Protection's ("FDEP") Library of Accepted Technologies. Specifically, Taronis submitted its application for inclusion through the Florida Department of Environmental Protection's Division of Environmental Assessment and Restoration's Division of Water Resource Management. A link to the library and the Taronis inclusion in the library can be found at the following website link: https://fldeploc.dep.state.fl.us/tech_portal/accept_list.asp?prog_choice=Water.
"We are very proud to be accepted to the FDEP's Library of Accepted Technologies," commented Scott Mahoney, Chief Executive Officer of Taronis. "We were very encouraged by the successful laboratory results from our initial cyanobacteria remediation study in cooperation with Dr. Kranz of Florida State University in January. We now have further validation that our successful test results have enabled Taronis to be accepted and included Library of Accepted Technologies in the state of Florida."
Mr. Mahoney continued, "Our patented plasma arc technology is proven to kill cyanobacteria, reduce and even eliminate the toxins released by the bacteria, and reduce the associated nutrient levels that trigger toxic blue-green algae blooms. Inclusion on the FDEP library is not a direct endorsement by the state, but it is a critical prerequisite for our Company to be able to immediately begin marketing our solutions to impacted municipalities in Florida."
"The next step in this process will be to release a comprehensive white paper and test results from contaminated water we recently treated on behalf of the city of St. Petersburg. We intend to use these compelling results, and our inclusion within the Library of Accepted Technologies, to launch a marketing campaign for our solutions across the state of Florida in the near term. This is a massive opportunity, and we need to do everything possible to capitalize on our unique ability to solve one of Florida's most pressing environmental issues," concluded Mr. Mahoney.
About Taronis Technologies, Inc.
Taronis Technologies, Inc. (TRNX) owns a patented plasma arc technology that enables two primary end use applications for fuel generation and water decontamination.
The Company's fuel technology enables a wide use of hydrocarbon feedstocks to be readily converted to fossil fuel substitutes. The Company is developing a wide range of end market uses for these fuels, including replacement products for propane, compressed natural gas and liquid natural gas. The Company currently markets a proprietary metal cutting fuel that is highly competitive with acetylene. The Company distributes its proprietary metal cutting fuel through Independent Distributors in the U.S and through its wholly owned distributors: ESSI, Green Arc Supply, Paris Oxygen, Latex Welding Supplies, Tyler Welders Supply, United Welding Supplies, Trico Welding Supply and Complete Welding of San Diego. The Company operates 17 locations across California, Texas, Louisiana, and Florida.
The Company's technology can also be implemented for the decontamination of waste water, including sterilizing water, eradicating all pathogens. The technology is being tested to determine if it can completely eliminate pharmaceutical contaminants such as antibiotics, hormones and other soluble drugs suspended in contaminated water. Lastly, the technology process is capable of reducing or eliminating other contaminants, such as harmful metals, as well as nitrogen, phosphorus, and potassium levels that trigger toxic algae blooms. The technology has prospective commercial applications in the agricultural, pharmaceutical, and municipal waste markets. For more information on Taronis, please visit the Company's website at http://www.TaronisTech.com.
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
SOURCE: Taronis Technologies, Inc.