H20 Technologies Signs Pre-IPO Agreement with Venture Capital Partnership Marshall Browning
H20 Technologies, a pioneer in advanced water desalination processes announced today that it has signed Pre-IPO agreements with Marshall Browning, the Japanese venture capital firm.
Online, November 10, 2009 (Newswire.com) - H20 Technologies, a pioneer in advanced water desalination processes announced today that it has signed Pre-IPO agreements with Marshall Browning, a boutique Japanese venture capital firm.
H20 Technologies has been working closely with Marshall Browning since 2007 and over that period, Marshall Browning has already invested over 14.5 million Euros in the company.
The Pre-IPO will be conducted shortly and will raise approximately 56 Million Euros via the sale of H20 Technologies common stock, with a view to a public listing mid 2010.
H20 Technologies are working towards commercializing carbon nanotube membranes for use in water desalination and will use the proceeds of this funding round to further expand their Research and Development facilities in Taipei, Taiwan as well as building a pilot production facility in preparation for product commercialization.
About H20 Technologies:
H20 Technologies is commercializing carbon nanotube membranes for use in water desalination. Our technology offers up to 10 times the flow rates of the best existing desalination technology and has the innovation to reduce energy costs by up to 75 percent therefore making our process probably the most cost efficient in the current marketplace.
For further information about H20 Technologies please contact us:
Email: info@h20technologies.com
Tel & Fax: +886 2 6602 1452
http://www.h20technologies.com
About Marshall Browning:
Marshall Browning is a venture capital and management consulting firm. We invest in and provide management consulting services to early stage emerging growth companies. We aim to form a close partnership with a company, developing relationships with management, investors and shareholders. We inform the investment community about a company, provide management consulting to grow the business, and often take an equity stake in the companies we assist.
http://www.marshallbrowning.com