From the Wires
NanoH2O Wins Prestigious Patrick Soon-Shiong Innovation Award
The Company is honored by the Los Angeles Business Journal for outstanding innovation in desalination technology
By: PR Newswire
Nov. 26, 2012 08:21 PM
EL SEGUNDO, Calif., Nov. 26, 2012 /PRNewswire/ -- NanoH2O, Inc., manufacturer of the most efficient and cost effective reverse osmosis (RO) membranes for desalination, today announced that it has been awarded the prestigious Patrick Soon-Shiong Innovation Award by the Los Angeles Business Journal. The company was selected from among twelve other finalists for playing an important role in enhancing the economic competitiveness of the Los Angeles region.
"This special award program was created with the vision to honor and acknowledge the people and organizations that continue to stretch the boundaries," said Matthew Toledo, Publisher and CEO of Los Angeles Business Journal. "[The award is named after] Dr. Patrick Soon-Shiong, a local example of a passionate entrepreneur who is emblematic of how the innovative spirit drives economic value. Congratulations to this year's thirteen finalists – each of whom continues to inspire us and provide invaluable contributions to keeping Los Angeles at the forefront of innovation."
"It is an honor to be included in this year's group of leading Los Angeles-based innovators who continue to push the envelope. NanoH2O is certainly an L.A. story with its roots from University of California, Los Angeles, research and the team filled with many talented scientists and engineers from the local community," said Jeff Green, CEO of NanoH2O. "Our nanocomposite membrane technology is the first significant change to reverse osmosis membrane chemistry in over twenty years. Over the last eighteen months, we have demonstrated the ability to significantly lower energy consumption, increase water production and reduce plant footprint in more than fifty desalination plants across six continents. By making desalination more efficient, we are delivering on our company's mission to combat global water scarcity."
About NanoH2O, Inc.
SOURCE NanoH2O, Inc.
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