VENICE, Calif., December 27, 2011 -
For the second time in the span of about 30 days, clean-tech
startup Nitro-Turbodyne of Venice, California has placed at
the top of an international competition by being chosen to proceed
to Round 2 of the Nova Scotia Cleantech Open.
"We're extremely pleased," stated Ed De
Reyes, Nitro-Turbodyne's Chief Technology Officer and Acting
CEO, "we believe that this announcement by Innovacorp demonstrates what we've known all
along - that our technology has substantial merit. We're elated
that other people see the potential of our invention as well," De
The Nova Scotia Cleantech Open picked 10 companies to continue
on to the 2nd round, where pitches and business plans will be
presented to a panel that will judge the winner of close to $300,000.00 (CN).
According to the organizers of the Nova
Scotia Cleantech Open, they were inundated with applications
and closed entries on December 1,
2011. On December 15, 2011,
Innovacorp announced the Round 2 winners.
"We were notified very early in the morning - before the start
of work - on Thursday (December 15).
We spent the entire day congratulating each other," De Reyes
Previously, Nitro-Turbodyne placed as the first runner-up in the
National Cleantech Open - Global Ideas
Competition, on November 13,
2011. Out of countless entries from around the world,
Nitro-Turbodyne finished second to Resolute Marine Energy -- of all
the entries from the United States
and around the globe.
"We have a lot of work to do to prepare for Round 2, but the
Nova Scotia Cleantech Open is worth it," stated De Reyes.
Nitro-Turbodyne first exhibited the Flash-Expansion
Micro-Turbine (FEMT) at the Global
Clean Energy Congress in Calgary,
AB, Canada in November
where De Reyes also gave several presentations, including one that
can be seen on Ustream.
"We're looking forward to our trip to Halifax in February, and to showing the
Nova Scotia Cleantech Open what a great technology we have to
offer," continued De Reyes.
"We're going to be very busy, getting ready for our Nova Scotia presentation, then for our
exhibit at the Global Petroleum Show in Calgary in June, 2011," he said.
Nitro-Turbodyne in the creator of Cold-Turbine(TM) Technology -
a cool, clean, quiet, maintenance-free and inexpensive alternative
to the internal combustion engine.
initial product line is a low-power (<100 watt) electric
generation set for instrumentation and telemetry applications such
as remote oil fields and remote seismic/geophysical
Their unique product, the Remote Instrumentation Power Generation Unit
(RIPGU) is maintenance-free and can run uninterrupted for
months - without the need for lubrication, coolant or other
"We've demonstrated that all you have to do is to hook the RIPGU
to a tank of clean, renewable and inexpensive Liquid Nitrogen, and
you'll operate for months without any need for human intervention,"
De Reyes said.
"The RIPGU is designed to work in any environment -- including
extremely harsh environments --especially where storage batteries
can freeze, or where solar cells, wind turbines, gasoline/diesel
motors and fuel cells are easily pilfered. Our RIPGU doesn't need
sun or wind or volatile fuels to operate in remote, harsh
environments," he stated.
More information on Nitro-Turbodyne and its Cold-Turbine™
Technology can be found at http://www.nitroturbodyne.com