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Water News; American Micro Detection Systems, Inc. Receives Funding from Badger Meter, Inc.
Category: Investment, Water, Renewable Energy
Visit this company: www.amdsinc.com
Stockton, Ca. - July 19, 2010 (Investorideas.com water stocks newswire) - American Micro Detection Systems, Inc. (AMDS), a privately held technology company with 30 years experience developing and manufacturing innovative, real-time instruments which enable a cleaner and safer environment, announced today it received first round funding from Badger Meter, Inc. ("Badger Meter") (NYSE: BMI).
The Badger Meter funding is a significant milestone enabling AMDS to finalize its development of the REX Generation 1 product and begin manufacturing in the Milwaukee area. AMDS also plans to move its marketing and sales operation to the Milwaukee area in the near future, as Milwaukee is a major hub city for water technologies and has been recognized by the United Nations for its clean water technology development.
The REX sensor has the ability to detect concentrations of dissolved metals in liquid flow systems down to the part-per billion (ppb) level in real-time. The self-calibrating instrument combines the use of a proprietary patented Nano Cellular Carbon (NCC) structure to selectively capture metal ions (providing greater than 1000-fold concentration) and a novel x-ray fluorescence geometry (XRF) for detection. AMDS is already working on a second product that will be able to detect hazardous chemicals, also to the ppb level, such as organic hydrocarbons leaking into the Gulf from the BP oil spill. AMDS believes that these premier technologies are the lowest cost solution for real-time/remote hands off monitoring of drinking water, waste water discharge, ultra pure water for electronics, pharmaceutical, chemical, steel manufacturing, pulp and paper, mining and food industries.
According to Richard A. Meeusen, chairman, president and chief executive officer of Badger Meter "Badger Meter chose to make an investment in AMDS because we believe they have the expertise to develop products that will have a positive impact on the environment. Badger Meter's products help conserve water through accurate metering while AMDS's products monitor the quality of water."
About AMDS, Inc.
For further information, please see http://www.amdsinc.com
About Badger Meter, Inc.
Badger Meter, Inc. is a leading manufacturer and marketer of products and a provider of services using flow measurement and control technologies serving markets worldwide. Their products are sold to water utilities, original equipment manufacturers and various industrial customers primarily in water, wastewater and process; energy and petroleum; food and beverage; pharmaceutical; chemical; and concrete markets.
For further information contact:
American Micro Detection Systems, Inc. Bob Keville, CEO (ph 209 985 1705) Email: CEO@AMDSINC.COM
SOURCE American Micro Detection Systems, Inc.
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