Planet's Inspar Robotic Technologies Inc. Granted an Additional Patent for SIPP(TM) Robotic Pipe Lining Technology
18 June 2010 - 12:00AM
Marketwired
Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY),
developer, manufacturer and marketer of PetroLuxus™ and other
"Green" technologies for the remediation and recovery of the
Planet's resources, is pleased to announce that its wholly-owned
subsidiary, Inspar Robotic Technologies, Inc. (INSPAR) has been
granted a new patent by the United States Patent and Trademark
office. The new patent is for "Apparatus and Method for Lining
Large Diameter Pipes with an Environmentally Compatible Impervious
Membrane." Inspar Robotic Technologies' intellectual portfolio now
consists of 8 US and Foreign patents with multiple new inventions
in various stages of the patent process for the global pipeline
remediation marketplace.
To view an animation and video of technology in action visit:
http://www.youtube.com/watch?v=U5q8VkVRPow
INSPAR's new patent is aimed at large diameter pipes. A large
market segment for this technology is large diameter potable water
transmission lines. The aging and deteriorating water transmission
infrastructure in the U.S. is a growing concern to municipalities
across the nation. These aging water transmission lines are subject
to bursting, collapsing and further deterioration which interrupts
service to citizens and is very costly to repair. The traditional
method of "Remove and Replace" is too costly for already stretched
municipal budgets. Repair methods currently employed to fix large
diameter pipes are labor intensive, costly and subject personnel to
hazardous environments.
A 2007 EPA Conference of Mayors report estimated the cost for
repairs and upgrades of municipal water transmission lines at $15
billion. The growing concern to address the aging U.S.
infrastructure issue recently resulted in the U.S. Commerce
Department funding an $8 million project to develop a robotic
platform that will repair and retrofit deteriorating water mains
nationwide.
The INSPAR advantage is that its SIPP™ technology is already
developed, has real world field history and is commercially viable.
INSPAR's robotic Sprayed In Place Pipe technologies are operated
remotely - not requiring personnel to enter hazardous environments.
It structurally restores and repairs pipes ranging from 1 inch to
over 174 inches in diameter. The proprietary liner formulations
utilized are benign to the environment, unlike other liners that
leach into the transported effluent and contain VOC's, CFC's and
Endocrine Disruptors. The robotic delivery system can evenly line
the interior of in-situ pipe and ensure exact membrane thicknesses
ranging from .05 - 4.25 inches in one robotic pass. The liners have
an ultra fast set time of 4-6 seconds resulting in expedited job
completion and limited downtime. The SIPP™ technology can be used
on pipes of any composition including, but not limited to;
concrete, steel and plastic. The end product of the SIPP™
technology is the restoration of asset integrity, meeting or
exceeding environmental compliance and extending the design life of
the restored pipe by 75 -100 years.
INSPAR's innovative technologies serve diverse industries such
as nuclear, coal-fired and gas-fired power plants, chemical and
petroleum processing facilities, mining sites, fossil fuel
transmission lines and facilities, public entities working on
local, state, federal and international levels. Clients include
General Motors, Pfizer, Conoco Phillips, Xcel Energy, Kiewit,
Progress Energy, Entergy, Virginia Department of Transportation,
American Electric Power, PPG, CITGO, etc. For a complete overview
and history of Inspar visit
http://www.planetresource.net/pdf/inspar_abstract.pdf or
http://www.inspar.com For animation visit
http://www.youtube.com/watch?v=U5q8VkVRPow
About Planet Resource Recovery, Inc.
Houston, Texas-based Planet Resource Recovery, Inc. is the
developer, manufacturer, and marketer of unique, environmentally
friendly proprietary chemical compounds and processes that will
usher in a new paradigm shift in industry. The company is primarily
focused on three distinct sectors: 1) Oil & Gas Industry with
PetroLuxus™, 2) Remediation of mining toxic byproducts, and 3)
mining of base and precious metals. The company has developed
multi-dimensional compounds and their related processes,
technologies and methodologies to provide these sectors enhanced
benefits and revenue opportunities. For more information visit:
www.planetresource.com or www.petroluxus.com.
Safe Harbor Statement
Certain statements in this release are "forward-looking"
statements as defined in the Private Securities Litigation Reform
Act of 1995. Such statements are subject to numerous risks and
uncertainties. Actual results may vary significantly from the
results expressed or implied in such statements. Factors that could
cause actual results to materially differ from forward-looking
statements include, but are not limited to, the Company's ability
to meet the terms and conditions required to obtain its project
financing, risks and delays associated with product development,
risk of market acceptance of new products, risk of technology or
product obsolescence, competitive risks, reliance on development
partners and the need for additional capital. Planet takes no
obligation to update or correct forward-looking statements, and
also takes no obligation to update or correct information prepared
by third parties that are not paid for by Planet.
Media Contact: Rod Mitchell 281-350-5506 Email Contact A.S.
Austin Company 858-537-7439 Email Contact
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