WILTON, Conn., June 19 /PRNewswire-FirstCall/ -- Startech Environmental
Corporation (OTC Bulletin Board: STHK), a fully reporting company,
announced today that the Company received the Frost & Sullivan "2007
Excellence in Emerging Technologies Award for Technology Innovation" at the
Frost & Sullivan Annual Award ceremonies in California on June 13. Other
2007 special category recipients at the ceremonies included Bosch Security
Systems Inc., Philips Research NA and Honeywell Process Solutions.
Award Description
Frost & Sullivan's Technology Innovation Award is bestowed upon a
company that has carried out new research, which has resulted in
innovations that have or are expected to bring significant contributions to
the industry in terms of adoption, change, and competitive posture. This
award recognizes the quality and depth of a company's research and
development program as well as the vision and risk-taking that enabled it
to undertake such an endeavor.
The Awards recognize companies in a variety of regional and global
markets for demonstrating outstanding achievement and superior performance
in areas such as leadership, technological innovation, customer service,
and strategic product development. Industry analysts compare market
participants and measure performance through in-depth interviews, analysis,
and extensive secondary research in order to identify best practices in the
industry.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been
partnering with clients to support the development of innovative strategies
for more than 40 years. The company's industry expertise integrates growth
consulting, growth partnership services, and corporate management training
to identify and develop opportunities. Frost & Sullivan serves an extensive
clientele that includes Global 1000 companies, emerging companies, and the
investment community by providing comprehensive industry coverage that
reflects a unique global perspective and combines ongoing analysis of
markets, technologies, econometrics, and demographics. For more
information, visit http://www.frost.com.
Research Methodology
To choose the award recipient, Frost & Sullivan's analyst team tracks
innovation in key hi-tech markets. The selection process includes primary
participant interviews and extensive primary and secondary research via the
bottom-up approach. The analyst team shortlists candidates on the basis of
a set of qualitative and quantitative measurements. The analysts also
consider the pace of research and technology innovation, and the
significance or potential relevance of the innovation to the overall
industry. The ultimate award recipient is chosen after a thorough
evaluation of this research.
About Startech -- The Environment and Energy Company
Startech Environmental is an environment and energy industry company
engaged in the production and sale of its innovative, proprietary plasma
processing equipment known as the Plasma Converter System(TM).
The Plasma Converter System safely and economically destroys wastes, no
matter how hazardous or lethal, and turns most into useful and valuable
products. In doing so, the System protects the environment and helps to
improve the public health and safety. The System achieves closed-loop
elemental recycling to safely and irreversibly destroy Municipal Solid
Waste, organics and inorganics, solids, liquids and gases, hazardous and
non- hazardous waste, industrial by-products and also items such as
"e-waste," medical waste, chemical industry waste and other specialty
wastes, while converting many of them into useful commodity products that
can include metals and a synthesis-gas called Plasma Converted Gas
(PCG)(TM).
Among the many commercial uses for PCG, is its use to produce "green
electrical power," Gas-To-Liquid (GTL) fuels such as ethanol, synthetic
diesel fuel and other higher alcohol "alternative" fuels. Hydrogen, for use
and sale, can also be separated and recovered from the PCG synthesis gas
mixture.
The Startech Plasma Converter is essentially a manufacturing system
producing commodity products from feedstocks that were previously regarded
as wastes.
Startech regards all wastes, hazardous and non-hazardous, as valuable
renewable resources.
For further information, please visit http://www.startech.net or
contact Steve Landa at (888) 807-9443, (203) 762-2499 EXT 7 or
sales@startech.net.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements, including
statements regarding the Company's plans and expectations regarding the
development and commercialization of its Plasma Converter(TM) technology.
All forward-looking statements are subject to risk and uncertainties that
could cause actual results to differ materially from those projected.
Factors that could cause such a difference include, without limitation,
failure of the customer to obtain appropriate financing for the project,
general risks associated with product development, manufacturing, rapid
technological change and competition as well as other risks set forth in
the Company's filings with the Securities and Exchange Commission. The
forward-looking statements contained herein speak only as of the date of
this press release. The Company expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to any such
statement to reflect any change in the Company's expectations or any change
in events, conditions or circumstances on which any such statement is
based.
SOURCE Startech Environmental Corporation
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Related links:
http://www.startech.net
http://www.frost.com
http://www.prnewswire.com/comp/113537.html/
CONTACT:
Steve Landa, +1-888-807-9443, +1-203-762-2499
EXT 7, or sales@startech.net
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