AbTech Industries Selected by The Artemis Project(TM) as a 2011 Top 50 Water Company
Leading Industry Experts Unveil 2011
SCOTTSDALE, AZ -- (Marketwire) -- 05/25/11 -- AbTech Holdings, Inc. (OTCBB: ABHD) today announced that it has been chosen by The Artemis Project? as a Top 50 Water Companies Competition winner.
'The Artemis Top 50 is the water industry's benchmark for recognizing innovation that will matter. It identifies the entrepreneurs that are applying technology to meet the world's water challenges,' noted Laura Shenkar, principal at The Artemis Project. 'Water tech is quickly becoming an engine for economic development and job growth. With these awards, we strive to identify the companies offering the most promising technologies coming onto the market.'
The Artemis Project Top 50 serves as a primary resource on the most promising emerging water technology solutions for investors, water equipment and chemical companies, and prospective customers.
The 2011 competition brought together leading experts in the water industry to evaluate the nominated solution, its value in application, and the companies' core team. The judges for 2011 include: Bill Wescott, Veolia Water; Steven Kloos, GE Water & Process Technologies; Peter Williams, IBM Green Innovations; Chris Morrison, Nalco; Peleg Chevion, Syngenta; Paul Gagliardo, American Water; Andrew Salveson, Carollo Engineers; Jean Debroux, Kennedy Jenks; Paul O'Callaghan, O2 Environmental; John Simpson, GSA and Rengarajan Ramesh, Wasserstein & Co.
The Artemis Project solicited input from the U.S. Environmental Protection Agency in developing environmental, sustainability and quality assurance/quality control application questions for this year's contest, although this does not imply an endorsement of any technology.
Culled from over 200 applications -- a 30 percent increase from 2010 -- the companies named to the 2011 list are applying innovative technologies to provide more sustainable water management. They are helping to manage infrastructure, recover valuable resources from waste, and preserve natural ecosystems. They work in fields such as energy-efficient wastewater treatment, smart grid water management, biosolids conversion to energy, pollutant biodegradation, and reverse osmosis desalination.
AbTech Founder and CEO Glenn R. Rink states, 'We are very grateful for the recognition and appreciation of our efforts. This is a peer group we are very proud to be part of. Our business is an example of how commitment to an ideal that allows innovation to prosper can spur numerous benefits while creating a healthier, safer planet for us all.'
Please visit http://artemistop50.com for a list of the 2011 Top 50 Water Companies Competition winners.
About The Artemis Project:
The Artemis Project? is a boutique consulting practice dedicated to helping companies thrive in a world of increasing water scarcity. We operate at the intersection of corporate strategy, advanced technology, investment and policy. We work with global corporations to achieve a sustainable competitive advantage through operational excellence in water management and assist advanced water technology companies in maximizing the value they bring to their customers.
For more information visit: www.theartemisproject.com.
About AbTech Holdings (OTCBB: ABHD) and AbTech Industries
AbTech Industries, Inc. (a subsidiary of AbTech Holdings, Inc.) is an environmental technologies firm dedicated to providing innovative solutions to communities, industry and governments addressing issues of water pollutants and contamination. Its products are based on polymer technologies capable of removing hydrocarbons, sediment and other foreign elements from still water (ponds, lakes and marinas) or flowing water (curbside drains, pipe outflows, rivers and oceans). Smart Sponge Plus contains an antimicrobial agent that is effective in reducing coliform bacteria found in stormwater, industrial wastewater and municipal wastewater. AbTech's Smart Sponge technology is installed in more than 15,000 locations across America and in 8 countries worldwide. For more information please visit: www.abtechindustries.com.
Notice Regarding Forward-Looking Statements
This news release contains 'forward-looking statements' as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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AbTech Industries, Inc.
4110 N. Scottsdale Rd Suite 235
Scottsdale AZ 85251
The Artemis Project
Sterling Communications for The Artemis Project
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