Welcome!

News Feed Item

Isowater and AECL Sign Deuterium Oxide (Heavy Water) Marketing and Collaboration Agreement

OTTAWA, ONTARIO -- (Marketwired) -- 02/28/14 -- Editors Note: There is a photo associated with this press release.

Isowater Corporation (Isowater) and Atomic Energy of Canada Limited (AECL) are pleased to announce the signing of an agreement to advance deuterium oxide (heavy water) technology and sales. The two firms have been collaborating since 2009 demonstrating deuterium oxide technology and selling deuterium oxide to the growing number of users in the high tech, life science and environmental sectors. This agreement marks a major milestone in their efforts.

The agreement enables Isowater to market and sell existing deuterium oxide inventories to certain non- nuclear markets, while advancing new technologies designed to recycle and upgrade deuterium oxide. This upgrading of deuterium oxide will be accomplished using a refinery system developed in collaboration with AECL. In the longer term, Isowater will be developing new primary heavy water production systems to ensure availability of high quality virgin deuterium oxide as world supplies continue to dwindle.

Andrew Stuart, President & CEO of Isowater Corporation, states, "This agreement marks an additional milestone towards Isowater Corporation's goal of being a market driven leader in the field of deuterium- based products. With the signing of this agreement we have sufficient inventory available to meet the needs of the growing non-nuclear markets for deuterium oxide. We are very excited about our developing ability to stabilize the supply side of this very important material and support the scientific research that depends on it. In time, we can scale our production to meet the needs of heavy water moderated reactors."

"The arrangements between Isowater and AECL are an example of how AECL expertise in combination with private sector innovation can expand jobs and growth in Canada" said Robert Walker, President & CEO of Atomic Energy of Canada Limited. "This collaboration with Isowater bridges technology, which was developed for nuclear markets, into life science and high tech markets. AECL's Nuclear Laboratories is Canada's premier nuclear science and technology organization. This agreement is an example of how our knowledge and technology can serve the nation as an enabler of business innovation."

About Isowater

Isowater Corporation is a Canadian company that provides a reliable supply of hydrogen isotopes to global markets. Our products are deuterium oxide (heavy water) and deuterium gas systems in the quantity and concentration needed for applications in Life Science and High Tech markets including: Pharmaceutical, Diagnostics, Hydrology, Fiber Optics, Semi Conductors and Analytical Research Applications. Isowater can supply the needs of customers for deuterium oxide today while at the same time develop the supply chain solutions for lowering the customer's deuterium oxide cost through

recycling as well as ensure stable supply as the many high growth users increase their demands from small to very large quantities over time.

About AECL

AECL's Nuclear Laboratories is Canada's premier nuclear science and technology organization. For 60 years, AECL has been a world leader in developing peaceful and innovative applications from nuclear technology through its expertise in physics, metallurgy, chemistry, biology and engineering. Over 3,000 highly skilled employees deliver a range of nuclear services - ranging from research and development, design and engineering to specialized technology, waste management and decommissioning.

Today, AECL continues its commitment to ensure that Canadians and the world receive energy, health, environmental and economic benefits from nuclear science and technology with confidence that nuclear safety and security are assured.

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20140227-ISOimageLG.jpg.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
Data-as-a-Service is the complete package for the transformation of raw data into meaningful data assets and the delivery of those data assets. In her session at 18th Cloud Expo, Lakshmi Randall, an industry expert, analyst and strategist, will address: What is DaaS (Data-as-a-Service)? Challenges addressed by DaaS Vendors that are enabling DaaS Architecture options for DaaS
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
CIOs and those charged with running IT Operations are challenged to deliver secure, audited, and reliable compute environments for the applications and data for the business. Behind the scenes these tasks are often accomplished by following onerous time-consuming processes and often the management of these environments and processes will be outsourced to multiple IT service providers. In addition, the division of work is often siloed into traditional "towers" that are not well integrated for cro...
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
The Quantified Economy represents the total global addressable market (TAM) for IoT that, according to a recent IDC report, will grow to an unprecedented $1.3 trillion by 2019. With this the third wave of the Internet-global proliferation of connected devices, appliances and sensors is poised to take off in 2016. In his session at @ThingsExpo, David McLauchlan, CEO and co-founder of Buddy Platform, will discuss how the ability to access and analyze the massive volume of streaming data from mil...