|By Business Wire||
|January 20, 2014 07:30 AM EST||
NanoStruck Technologies Inc. (the “Company”) (CSE:NSK) (OTCQX:NSKTF) (Frankfurt:8NSK) announces the appointment of Emmanuel Moya as Vice President, Technology on a consulting basis.
Emmanuel “Noel” Moya is a licensed Professional Mechanical Engineer with 39 years experience in engineering and project management involving pumping, filtration, wastewater treatment, Aerobic/Anaerobic digestion, landfill and composting, materials recovery and recycling, power co-generation, sustainable energy projects and hydrogeology. He has extensive electro-mechanical engineering experience from Canada, USA, South-East Asia, Middle East, Europe and Latin America.
Mr. Moya is one of the recipients of the Governor State of California’s Environmental Award on Emerging Green Technologies in 2003, Sacramento, California. He also received the 2011 Engineering and Inventions Award by the Mayor of Secaucus, New Jersey, for his work with fuel booster devices. He recently completed his Master of Science in Systems Engineering at California Coast University and is currently pursuing a Doctorate in Environmental Science at the University of California, Davis.
Mr. Moya previously obtained his certifications in the field of Electro-Mechanical Biological Treatment of Organic Waste from Munich University and Municipal Waste Conversion Technology from University of Gottingen, Germany. He also has Associates’ degree in Electrical Engineering and an Executive MBA degree. He is also registered Technical Consultant with the United Nations Development Program and has voluntarily served mostly developing countries.
Bundeep Singh Rangar, CEO and Chairman of the Board said: “As an early architect of the company’s technology, we are delighted to have Noel Moya revive his stewardship of the company’s technology development.”
Mr. Moya is credited with several technical papers including eight international utility patents and seven provisional patents involving Water/Wastewater filtration and treatments, solids/liquids separation, removal of particulates in hot cooking oil, fuel boosters using hydrogen and Nitrogen-on-demand, acceleration of Anaerobic/Aerobic Digestion, Organic Composting, Extraction of Ethanol from Liquid waste, Sweet potato to Ethanol technology, Power Co-generation from Organic waste, Leachate remediation in Landfills using Ultrasound Technologies, non-chemical treatment of process water using Electro-Magnetic Frequencies, Process Instrumentations, research works on power generation using Vertical-Axis Turbines, Solar and Flywheel Storage Technology.
Mr. Moya’s work with NanoStruck is in accordance with a consulting agreement signed with the Company.
About the Company
NanoStruck Technologies Inc. is a Canadian Company with a suite of technologies that remove molecular sized particles using patented absorptive organic polymers. These versatile biomaterials are derived from crustacean shells or plant fibers, depending on requirements of their usage. Acting as molecular sponges, the nanometer-sized polymers are custom programmed to absorb specific particles for remediation or retrieval purposes. These could be to clean out acids, hydrocarbons, pathogens, oils and toxins in water via its NanoPure solutions. Or to recover precious metal particles in mine tailings, such as gold, silver, platinum, palladium and rhodium using the Company’s NanoMet solutions.
By using patented modifications to conventional technologies and adding polymer-based nano-filtration, the Company’s offers environmentally safe NanoPure solutions for water purification. The Company uses Environmental Protection Agency (EPA) and World Health Organization (WHO) guidelines as a benchmark for water quality and safety to conform to acceptable agricultural or drinking water standards in jurisdictions where the technology is used.
Additionally, the Company’s technology can be used to recover precious and base metals from mine tailings, which are the residual material from earlier mining activities. By retrieving valuable metals from old tailing dumps, the Company’s NanoMet solutions boosts the value of existing mining assets and reduces the need for new, costly and potentially environmentally harmful exploration and mining.
The company’s NanoPure technology was first deployed to treat wastewater from a landfill site in January 2012 in Mexico. It has since been successfully treating and producing clean water there that’s certified by Conagua, the federal water commission of Mexico.
The Company’s current business model is based on either selling water remediation plants or leasing out units and charging customers on a price per liter basis with a negotiated minimum payment per annum. For processing mine tailings, the value of precious metal recovered is shared with tailing site owners on a pre-agreed basis.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAS REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
FORWARD LOOKING INFORMATION
This press release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Statements relating to "reserves" or "resources" are deemed to be forward-looking statements because they involve the implied assessment, based on certain estimates and assumptions that the resources and reserves described can be profitably produced in the future.
Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s Management’s Discussion and Analysis for the nine months ended June 30, 2013 and filed on August 29, 2013 and for the year ended September 30, 2012 and filed on January 23, 2013 under the Company’s profile on www.sedar.com.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.
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