Corporate
Profile
Based
in Lake Forest, California, BioShaft Water Technology
Inc. (BSHF.OB) sells domestic
wastewater treatment plants to the United States, the
Middle East, Eastern Europe and Asia. BioShaft is engaged
in a specific branch of wastewater treatment known as
Domestic Waste or Sewage Treatment. BioShaft has a patented
wastewater treatment technology that promotes eco-efficiency,
clean production and pollution prevention. The BioShaft
works by emulating and accelerating a natural process
found in rivers.
BioShaft is an innovative wastewater treatment technology
based on Bio-Filtration utilizing sludge carriers. These
plants are made using the Hans BioShaft Turbine that
is at the heart of the wastewater technology. It was
developed in the Netherlands in 1994 and was improved
upon by Dr. Hans Badreddine and implemented as Hans
BioShaft®. It is patented in the United Kingdom
and the patent is pending in the United States. To date,
more than 30 BioShaft Plants have been sold between
Europe and the Middle East. In the future, the Company
plans to expand into the Treatment of Industrial Waste.
“In
the U.S., water shortages resulting in high costs have
contributed to a booming wastewater industry. According
to the World Water Council reports, residential water
consumption will increase by 100% and industrial utilization
by at least 33% by 2025.”
The
United States Market Segment has a million miles of
sewage collection pipes designed to carry some 50 trillion
gallons of raw sewage daily to some 20,000 treatment
plants. Many parts of this system are falling apart.
This poses a major health risk to communities throughout
the U.S. 3.5 million people get sick every
year from swimming in water contaminated by sewage
overflows. According to the Association of
Metropolitan Sewage Agencies, the Congressional Budget
Office, the Government Accounting Office and the EPA,
there is a national funding gap estimated to be as high
as $1 trillion for water infrastructure. Federal officials
predict by 2025 the U.S. will suffer from water pollution
as high as was recorded in 1968 if substantial
investment in sewage infrastructure is not made.
The high costs for fresh water and tough discharge
standards are forcing industries to seek cost effective
methods to treat wastewater and reuse it. Some areas
use treated wastewater for ground water replenishment.
Orange County Water District and the Orange County Sanitation
District in California have jointly sponsored the ground
water replenishment system to treat wastewater in this
way.
BioShaft provides environmentally sustainable
development benefits and advantages over traditional
domestic wastewater treatment technologies and some
of the most significant are:
• The patented process of the Bioshaft accelerates
the treatment process by up to 2 times of competing
technologies without using chemicals. Oxygen
is the primary catalyst.
• Rapid Manufacturing: manufacturing
takes a fraction of the time of competing technologies.
• Reduced Maintenance: maintenance
costs are drastically reduced due to electromechanical
parts.
• Less Land Required: BioShaft
accelerates the treatment process and is not as large
as an Active Sludge Plant.
• Lower Initial Investment: BioShaft
costs less to manufacture.
• Reduced Energy Costs: significantly reduced
due to minimal amount of electromagnetic parts.
• Minimal Sludge: Traditional
Wastewater treatment produces a byproduct called "Sludge".
First this Sludge has to be treated and then it must
be hauled off disposed of. A BioShaft plant produces
up to 95% less sludge.
• Minimal Odor: the amount of
odor produced by the system is negligible and if necessary
the system can be run relatively close to housing areas.
In 2010, the worlds GDP will be $74 trillion, out of
this, the water market will be $740 billion. This growing
trend is likely to increase even after 2010. The next
15 years will be a period with accelerated development
in the world. The biggest problem in this period will
be pollution to the environment. Domestic wastewater
treatment cannot meet the needs in developing cities.
This will have a negative impact on both
the environment and the world economy. BioShaft
provides an environmentally sustainable solution.
For further information, please contact:
Investor Relations at (949) 681-8112
ir@bioshaft.com
