Press Release: RPR Tech wins green technology award
Norwegian company wins prestigious award with green technology RPR Technologies wins Best Cleantech Company prize in European Venture Awards
Porsgrunn, Norway, 13 January 2009Removing paint from ships and oil platforms is hazardous to the environment and to operators. A new Norwegian technology virtually “peels” off paint instead of using sandblasting or high-pressure water blasting. This is accomplished in a fraction of the time and is so environmentally friendly that the company RPR Technologies was awarded as the Best Cleantech Company in the Eurecan European Venture Awards.
Eurecan Best Cleantech Company award
The Eurecan European Venture Award is a multi-stage contest aimed to identify, promote and reward the most innovative early stage companies in Europe. The selection jury was comprised of experts from industry and venture capital and has evaluated the companies on the basis of 7 criteria (business potential, team experience, technology merit, competitive position, investment interest, growth potential and the entrepreneur). In this year’s competition 725 companies registered to compete. 261 companies were selected for the semi-finals and 21 were selected for the finals which were held on December 17 & 18, 2008 in Barcelona. RPR Technologies of Porsgrunn, Norway was awarded first prize in the Cleantech sector.
“Being selected as the top cleantech early-stage company in Europe is a huge honor for RPR. In these times of global financial crisis, it is important that the good young companies get help and assistance in order to grow,“ says Rick Salmon, CEO at RPR Technologies A/S. “Not only is our product good for the environment, but it also allows our users to be more competitive financially. We believe that the market for ship and offshore repairs will actually increase in light of the current economic conditions and this technology can help protect industry jobs in countries where labor costs are high.”
President of the Caja Navarra Bank presents award to Rick Salmon
About RPR
RPR Technologies manufactures an industrial machine that removes paint and other coatings from steel surfaces using the process of induction heat. This is a unique, cleantech technology that has been patented in 54 countries and competes with the traditional methods of paint removal such as sandblasting and ultra high pressure (UHP) water blasting. The competitive advantages are that the RPR process is CLEANER than blasting (no hazardous airborne or water waste), SAFER for operators (silent, minimal safety equipment required) and FASTER - especially when removing thick difficult coatings (from 5 to 20 times faster). This can result in considerable cost savings for customers. There are four initial target markets: marine, offshore oil platforms, land based oil & gas pipelines, and storage tanks (chemical, oil & water). RPR is based in Porsgrunn, Norway.On 29 September 2008 RPR was also the winner of Best Presentation Award at the EVC Cleantech Venture Forum in Linz, Austria.
About the European Venture Awards
For more information about the European Venture Awards, see the following url:
www.e-unlimited.com/events/p200260/overview.asp Contact Person
Tanja BaltusEurope Unlimited
Place Flagey 7, B1050 Brussels, Belgia
Tel: +32 264 33682
Email:
tanja@e-unlimited.com Web:
www.e-unlimited.com Contact Person RPR Technologies A/S
Rick SalmonRPR Technologies A-S
Rolighetsvegen 7C, NO-3933 Porsgrunn
Mob: +47 9139 0604
Tel: +47 3560 3538
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RPR Technologies AS
Company Headquarters
Rolighetsvegen 7A, NO-3933 Porsgrunn, NorwayTel: +47 35 60 35 38
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