Austin, TX – September 20, 2011 – Omni Water Solutions was named one of the rising venture Energy & Clean Technology companies at the 9th Annual Rice Alliance for Technology & Entrepreneurship Energy & Clean Technology Venture Forum in Houston last week. Energy & Clean Technology companies showcased their new ventures for an audience of more than 500 attendees, including investors, venture capitalists, industry representatives, business leaders, advisors/mentors, service providers, and entrepreneurs.
Omni Water Solutions provides mobile water purification systems with patent-pending treatment technologies, system design and control software to treat high volumes of water from contaminated sources at significantly lower energy and maintenance costs than other approaches. The company is currently focusing its efforts on providing solutions for the oil and natural gas market, which currently uses millions of gallons of fresh water per well in a recovery process called hydro-fracturing.
“Omni offers the most cost effective, high performance mobile water treatment system available for challenging high-volume applications. The recognition received during the Rice Venture Forum is further validation that our solutions can greatly change the landscape of water reclamation”, said Warren Sumner, President, Omni Water Solutions.
The one-day event culminated in an announcement of the six Rising Venture Energy & Clean Technology Companies chosen from 40 presenters and judged by the Rice Alliance Energy & Clean Technology Advisory Board, based on the companies’ business plan or elevator pitch presentations. The elevator pitch simulates meeting an investor on an elevator and having only 90 seconds to convince them to consider investing in your company.
In addition, five other new energy and clean technology companies were pre-selected to present their 10-minute business plan presentation at the forum, and as one of the chosen five, they were also named a Most Promising Energy & Clean Technology Company.
Rice Alliance managing director Brad Burke, announced the winners of the Most Promising Energy & Clean Technology Company awards at the event. “Every year the quality of companies improves. Many of the companies at this year’s event have developed prototypes, obtained proven results and are on their second round of funding. This makes them more appealing to investors, who have also expressed appreciation for the quality of the companies.”
The Forum was supported by Andrews Kurth, Chevron Technology Ventures, Energy Ventures, Shell, , Winstead, Altira, Leyendecker & Associates, PKF Texas and Canada Consulate General with supporting organizations Greater Houston Partnership, and Opportunity Houston, Israeli Consulate and media sponsors Houston Business Journal and the BusinessMakers Radio Show and EnergyMakers Radio Show.