Enstreet News Bureau2/8/2010
Emission & Power Solutions (EPI; Carlsbad, CA), a clean tech company that licenses, acquires, develops, deploys, and transfers technologies dedicated to improving fuel economy while also reducing environmentally harmful exhaust emissions, has licensed the patent-pending Vapor Emissions System developed by Dr. Marcus Ashford at the University of Alabama (UA). The Company is beginning a research and development collaboration with the UA in order to commercialize the product. The Vapor Emissions System will be commercialized as an effective emissions-reduction device for all liquid-fueled passenger vehicles, including automobiles and light-duty trucks. The market includes automakers and fuel system manufacturers. The Vapor Emission has the following advantages: • Simple, cost-effective device for emissions reduction • Transparent to the consumer – same performance, same fuel system, requirements • Easy retrofit for existing fleets • Reduces startup emissions by 80% • Reduces total vehicle emissions by 50% to 75% Erik Ulsteen, CEO & Chairman of EPS stated, “We are very excited to execute this deal with the UA and look forward to the commercialization of the Vapor Emissions System. Vapor emissions serve as a major contributor to the creation of smog. Smog is a significant problem globally and has been known to cause respiratory illness and other severe health problems. We believe the Vapor Emission System will greatly reduce harmful emission bi-products.” Dr. Rick Swatloski from the Office for Technology Transfer at the University of Alabama commented, “Dr. Marcus Ashford and The University of Alabama’s Office for Technology Transfer are pleased to partner with EPS to commercialize an on board vapor recovery system for internal combustion engines developed at the University. EPS has a proven track record of securing investment for business and product development. We are excited about working with EPS to further develop this technology and transition it into a commercial product for the public’s benefit.” Source: Emission & Power Solutions
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