Since the Voraxial® 8000 can process and separate much greater volumes of oil and water than any known mechanical separator of its size or energy consumption, Team Voraxial entered the competition fully anticipating that they had a potential winner. The Submersible Voraxial® 8000 performed flawlessly during the competition. However, as occasionally happens during initial test conditions, an auxiliary pump used to transfer the output of the Voraxial® to a holding tank was compromised and unable to deliver more than a small percentage of the Voraxial's total output. The holding tank is where the measurement of the captured oil for the test was conducted. This resulted in test results that did not measure the actual Voraxial performance. Even though Team Voraxial did not ultimately win the X Prize, they came away with an even stronger conviction that the Voraxial represents the highest performance oil/water separation technology available for oil spill cleanup applications. The visibility afforded by the X PRIZE to demonstrate the Voraxial® 8000 has already resulted in increased inquiries and project reviews from both oil spill response companies and the oil exploration and production industry.
EVTN is the developer and manufacturer of the Voraxial® Separator, a high volume, compact separation device that separates contaminants from water. The compactness, light weight and low energy requirements of the Voraxial® enables it to be installed on new vessels or retrofitted on existing vessels for oil spill response. Additionally, similar to other auxiliary equipment on vessels such as firefighting hoses, the Voraxial's® small footprint allows it to be secured on vessels, such as tug boats and supply vessels, without interfering with the main function of the vessel.
Multiple Voraxial® 8000 models, each capable of processing 7,000,000 gallons of oily water per day, can easily be retrofitted on an average size supply vessel and quickly convert them into a high volume oil spill recovery vessel. EVTN is in discussions to pursue this oil spill solution to protect a large region from multiple simultaneous Deepwater Horizon disasters.
EVTN is experiencing record sales this year while focusing system development and sales efforts towards oil/water/solid separation applications for offshore and onshore production facilities in the oil exploration and production industry. These results follow EVTN management's decision to concentrate resources and R&D funds on the oil exploration and production market. The company's unique technology allows it to effectively separate contaminants from a large volume of liquids with low energy, space and weight requirements. These attributes along with its ease of operation and separation efficiency make the technology desirable for use in multiple industries and led the Company to reach the finals of the X CHALLENGE.
"We thank the X PRIZE Foundation for undertaking this great competition. The increased market awareness EVTN realized through participation in this competition has already resulted in inquiries from oil spill response companies with good skimmers and poor separation equipment. Just as important, sales inquiries for the Voraxial 8000 Separator from oil exploration and production companies have also increased," said John A. Di Bella, COO of EVTN. "We believe the Voraxial 8000 will be our best selling model. It fills a big void in the market."
ABOUT ENVIRO VORAXIAL TECHNOLOGY
Enviro Voraxial Technology, Inc. (OTCBB “EVTN”) is a Fort Lauderdale, Florida based CleanTech company that developed and manufactures the Voraxial Separator, a highly efficient technology for high volume, bulk separation of fluids such as oil and water.
The Voraxial Separator, a unique, patented in-line turbo-separator that provides a cost effective method to efficiently separate large volumes of solids and liquids with different specific gravities and without the need of a pressure drop. The Voraxial provides highly efficient bulk separation while requiring less space, energy and weight than conventional separators processing the same volume. The Voraxial is capable of simultaneously separating up to three components, such as oil, water and sand. The Voraxial can be used as a stand-alone separator or incorporated with other equipment to provide a complete turnkey solution that allows customers to treat a variety of fluid streams while reducing treatment cost and increasing separation efficiency.
The separation market encompasses a series of multibillion dollar segments, spread globally across many industries and applications. EVTN continues to pursue the oil & gas industry but is also processing proposals from other industries such as mining, food processing, manufacturing and oil spill industries. EVTN owns significant IP surrounding the Voraxial and has new innovations under development. Please see www.evtn.com for additional information.
