Looks like Frank Acland was right on target with the Cherokee information from a couple of weeks ago. Excellent work digging through the clutter.
On Fri, Jan 24, 2014 at 12:25 PM, <[email protected]> wrote: > From ecatworld.com --- > > PRESS RELEASE: Industrial Heat Has Acquired Andrea Rossi’s E-Cat Technology > > This just out! > > Industrial Heat Has Acquired Andrea Rossi’s E-Cat Technology > > RESEARCH TRIANGLE, N.C., Jan. 24, 2014 /PRNewswire-USNewswire/ — > Industrial Heat, LLC announced today that it has acquired the rights to > Andrea Rossi’s Italian low energy nuclear reaction (LENR) technology, the > Energy Catalyzer (E-Cat). A primary goal of the company is to make the > technology widely available, because of its potential impact on air > pollution and carbon dioxide emissions from burning fossil fuels and > biomass. > > “The world needs a new, clean and efficient energy source. Such a > technology would raise the standard of living in developing countries and > reduce the environmental impact of producing energy,” said JT Vaughn > speaking on behalf of Industrial Heat (IH). > > Mr. Vaughn confirmed IH acquired the intellectual property and licensing > rights to Rossi’s LENR device after an independent committee of European > scientists conducted two multi-day tests at Rossi’s facilities in Italy. > > The published report by the European committee concluded, “Even by the > most conservative assumptions as to the errors in the measurements, the > result is still one order of magnitude greater than conventional energy > sources” [referring to energy output per unit of mass]. The report is > available online at http://arxiv.org/abs/1305.3913. In addition, > performance validation tests were conducted in the presence of IH > personnel and certified by an independent expert. > > Since acquiring Rossi’s technology, IH has engaged in a broad-based effort > to protect it by preparing numerous patent applications related to the > core technology as well as associated designs and uses. > > Tom Darden, who co-founded Cherokee Investment Partners, a series of > private equity funds specializing in cleaning up pollution, is a founding > investor in Industrial Heat. He is one of a small group of like-minded > investors who are supporting this technology because it could > significantly address a number of social and environmental challenges. > They have committed to make it broadly available because of its potential > for impact. IH is considering partnerships with industry participants, > universities and NGO’s to ensure the technology is developed in a > thoughtful and responsible manner. > > JT Vaughn manages Industrial Heat. He is the founder of Cherokee McDonough > Challenge, an accelerator for environmental startups, and a leader in the > startup community in the Research Triangle. > > Companies or organizations interested in partnering with Industrial Heat > should reach out to JT Vaughn at [email protected]. > > CONTACT: JT Vaughn, [email protected], 919-649-5299 > > SOURCE Industrial Heat, LLC > > > http://www.e-catworld.com/2014/01/press-release-industrial-heat-has-acquired-andrea-rossis-e-cat-technology/ > > > >
