AirQual Corporation Acquires Antimicrobial Powders Technology from DuPont Chemical Solutions Enterprise
AirQual’s ACT® to Meet the Surging Mainstream Demand for Advanced Antimicrobial Protection from Mold, Mildew, Bacterial and Fungal Infestation.
Wilmington, DE and Canton, MA (PRWEB) October 22, 2004 -- AirQual Corporation
and DuPont Chemical Solutions Enterprise (DCSE) today announced that AirQual has
acquired silver-based antimicrobial powder technology from DCSE. Financial terms
of the acquisition were not disclosed.
The acquisition includes
silver-based antimicrobial powder technology, patent rights and products, as
well as the transfer of all EPA registrations, formerly marketed under the
DuPont MicroFree® Brand.
AirQual will be marketing the technology under
the ACT® brand to a broad range of manufacturers of paints & coatings,
building materials and other products to provide unprecedented, state-of-the-art
antimicrobial protection; protecting those materials from the degradation caused
by molds, mildew and other bacterial infestation.
“At a time when 26
states and the federal government are debating pending legislation to protect
homeowners and employees from the very serious health risks associated with
molds, we are very excited to be bringing to market a family of products
designed to protect property from deterioration from molds, mildew and
bacteria,” said Tom Magauran, President and CEO of AirQual. “Our goal is to
bring ACT® protection in a broad range of cost-effective, mainstream products,
with an initial emphasis on building materials, so that people and businesses
everywhere can realize the benefit of building materials for their homes,
schools and workplaces being protected from these destructive
infestations.”
DCSE developed the technology to allow incorporation of
the coated particles into polymers that could also offer antimicrobial
properties.
“Although DCSE offers antimicrobial products and
disinfectant ingredients for cleaning and disinfecting public spaces, this
particular product did not go hand-in-hand with that suite of products as part
of our strategic business growth objectives,” said Tom Samples – DCSE’s Clean
and Disinfect marketing manager. “We are pleased that AirQual’s focus will seek
to maximize the value of this technology in their chosen
markets.”
AirQual’s ACT® is EPA registered for use in a broad range of
applications including paints, coatings, caulks, sealants, adhesives, wallboard,
carpets, curtains, plastics, wood coatings, and textiles.
AirQual
Corporation, founded in 2000, is dedicated to the global delivery of
technologies that cost-effectively contribute to the improvement of Indoor
Environmental Quality (IEQ). These technologies today include proven, highly
cost competitive inorganic antimicrobials incorporated in a broad range of
products, from paints and coatings to structural materials to textiles,
protecting these products from the harmful effects of mold, mildew and a very
broad range of bacterial and fungal challenges. More information may be obtained
at www.airqual.net.
DuPont is a science company. Founded
in 1802, DuPont puts science to work by solving problems and creating solutions
that make people's lives better, safer and easier. Operating in more than 70
countries, the company offers a wide range of products and services to markets
including agriculture, nutrition, electronics, communications, safety and
protection, home and construction, transportation and apparel.
For
Further Contact:
Don MacDonald
AirQual Corporation
35 Industrial
Drive
Canton, MA 02021
Phone: 781-302-3356
Tita Cherrier
DuPont
Chemical Solutions Enterprise
302-892-8870
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Source : http://www.prweb.com/releases/2004/10/prweb170161.htm