PAX Water Technologies Selected as a GoingGreen 100 Top Private Company
PAX Water Technologies (PWT), makers of innovative water mixers, announced that it has been chosen by AlwaysOn as one of the GoingGreen 100 Top Private Companies for 2007. The first-annual elite GoingGreen 100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the GoingGreen 100 list, companies had to be peer-nominated, with AlwaysOn receiving more than 500 nominations from venture investors, investment bankers and other industry experts.
PWT and the GoingGreen 100 Top Private Companies for 2007 are being honored at AlwaysOn GoingGreen held at the University of California in Davis from September 10-12. GoingGreen is a two-and-a-half-day executive gathering that highlights the significant impact clean technologies have on new economic grown and in sustainable use of natural resources. The idea behind the GoingGreen 100 top private companies list is to identify the most promising entrepreneurial opportunities and investments in the clean technology industry.
PWT’s first product is a highly effective mixer for use in municipal water storage tanks, which can effectively blend up to 5 million gallons using a fraction of the energy of conventional technologies. Combining the patented fluid flow methodologies of PWT’s parent company, PAX Scientific, with state-of-the-art engineering and manufacturing, the PAX mixer effectively reduces the amount of chlorine-based disinfectants needed to protect public health from waterborne disease and other microbial contaminants while improving the quality and consistency of water delivered to consumers. PWT is currently developing other energy-efficient applications in the water and wastewater industries.