Spheric Technologies Enters International Marketing Agreement |
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Spheric Technologies, Inc.
4708 E. Van Buren St.
Phoenix, AZ, 85008
USA
Press release date: September 24, 2010
Phoenix, AZ, - Spheric Technologies, Inc., a Phoenix, Arizona, high temperature Industrial microwave technology innovator, has inked an international cooperative marketing agreement with Victec Europe Limited. Both companies develop microwave technology, equipment and applications, and each has exclusive territorial rights for the sale of microwave furnaces built by Synotherm Corporation Ltd. - Spheric markets the furnaces in North America, Central America and South America, while Victec markets throughout Europe. Spheric Technologies and Victec agreed to share microwave technology, applications and customer information from within their territories "for the benefit of mutual growth and development of the overall microwave industry".
"Ultimately," said Spheric Technologies Chairman Joseph Hines, "we may establish a joint venture or other entity with shared ownership by Spheric and Victec. Our companies are determined to fully exploit the largely virgin industrial markets for high-temperature, computerized microwave furnaces across all of Europe and the Western Hemisphere. As news spreads of the ability of our systems to cut processing time by up to 90% and energy use by 80%, while producing stronger, finer-grained parts with less deformation or cracking, our companies are receiving more inquiries from around the world. With our new marketing agreement in place, we are better able to capitalize on all such business opportunities."
Spheric Technologies recently announced it has developed a time- and cost- saving production process for a key cathode material utilized in lithium ion batteries -- lithium ferro phosphate (LFP). The company filed patent applications covering microwave techniques, material and technology for the synthesis of lithium ion battery materials.
Spheric announced in August that the Western Hemisphere's first high-temperature (1500°C) AMPS continuous production microwave furnace is operating at New York's NanoMaterials Innovation Center (NMIC), a wholly owned subsidiary of Alfred Technology Resources, Inc. (ATRI), near the campus of Alfred University.
About Spheric Technologies, Inc.
Spheric Technologies develops, licenses, acquires and commercializes critical technologies to support the production of advanced industrial materials and products. The Phoenix, Arizona, company markets high-temperature microwave sintering systems for powder metals and advanced ceramics, and is developing microwave treatment systems for the mining and wastewater industries. The company has also developed patented technologies for the production of high-purity, small particle metal oxides. For more information, call 602-218-9292 or download a catalog at www.SphericTech.com.
Contacts: Corporate: Joseph Hines, Chairman & CEO, Spheric Technologies, (602) 218-9292 Media: Bill Sklar, Sklar & Associates, (520) 299-2830
Corporate logo can be downloaded here (www.ereleases.com/pic/SphericLogo.jpg)
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