Mar 4 2011
Latitude Solutions, Inc. ("LSI" or the "Company"), trading symbol LATI.PK announced today that it has signed a licensing agreement whereby Latitude Solutions companies will market and arrange for the manufacturing and deployment of Separatech's proprietary oil/grease/water separation technology.
This technology can be used stand alone for certain applications and can also be integrated with Latitude's proprietary Electro Precipitation™ technology to provide complete water remediation for the Oil/Gas, Mining and Maritime applications.
Harvey Kaye, CEO/President of Latitude stated, "The combination of this synergistic technology integrated with our breakthrough EP technology provides solutions to the Maritime Industry, specifically ballast and bilge water. The development and applications of our technologies for marine uses will be implemented through LSI's wholly-owned subsidiary Trinity Solutions, Inc. which has recently formed a new operating subsidiary called "Trinity Marine Solutions".
Trinity's CEO Commodore Dante Laurino stated, "The Coast Guard and the EPA are formulating new regulations for bilge and ballast water with strict enforcement and compliance required. Latitude's technologies provide solutions that can treat water down to parts per billion and in certain cases parts per trillion." We look forward to providing these important solutions to various maritime and military interests.
Separatech's CEO Neil Sutcliffe stated, "Latitude's infrastructure and our combined technology teams provide the means for various industries to deal with their ever increasing environmental issues. Our patented Separatech technology can remove the emulsified oil in oil/gas, water mixtures to a degree never achieved before and with extremely cost effective results. The Latitude teams provide the market reach to fully deploy our oil separation (OS) technology into multiple industries".