CALGARY, AB, November 20, 2013 /24-7PressRelease/ -- Livestock Water Recycling, Inc. (LWR), an agricultural company that recycles clean water and concentrates valuable fertilizer nutrients from livestock manure is a named winner of the prestigious Deloitte Technology Green 15TM Award for developing technology solutions and intellectual property that promotes efficient use of the earth's resources. The Deloitte Technology Green 15 Award recognizes winners that create technology solutions that reduce environmental impacts while improving operational performance and productivity.
"Deloitte's Technology Green 15 companies make a positive impact on the environment with innovations that help reduce global warming, and save energy to preserve the environment," said Richard Lee, Deloitte's National Managing Partner, Technology, Media & Telecommunications. "They deserve to be recognized for their leadership in creating major breakthroughs in the field of clean technology."
LWR's CEO Ross Thurston, credits LWR's extensive water treatment experience and its patented manure treatment technology with the company's ability to achieve early success in this segment. Thurston said, "Our technology has generated so much interest and enthusiasm because it is an environmental solution that also creates a return for our customers. Our approach concentrates valuable nutrients from manure that can be reused or sold. Recycling nutrients and clean water back to the crops that feed the animals that produce the manure completes the environmental circle. Farmers are the original environmentalists so it's easy for them to see that this technology is a cost-effective solution that will save them time and money."
Technology Green 15 companies own proprietary technology or intellectual property that contributes to a significant portion of operating revenue. To qualify for the Technology Green 15 Award, companies must be headquartered in Canada or be Canadian controlled with a management team and R&D activities in the country. Winning companies invest at least 5% of gross revenue in R&D and maintain minimum revenue of $50,000 in its most recent year of operations.
About the Deloitte Technology Green 15TM - The Technology Green 15TM recognizes Canada's leading GreenTech companies. GreenTech, the industry term for "green technologies", is taking on greater importance in the world in general and the world of business in particular. It includes any technology that promotes a more efficient use and re-use of the earth's resources in industrial production and consumption. GreenTech products and services are designed to reduce or eliminate environmental impacts and improve operational performance, productivity, or efficiency while reducing costs, inputs, energy consumption, waste, or pollution. Although many companies within GreenTech industry sectors are very different, they share a common trait: all use new, innovative technology to create products and services that compete with existing products and services on price and performance while reducing impact on the environment.
About the Deloitte Technology Fast 50TM - The Deloitte Technology Fast 50TM program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50TM Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50TM candidate,) Leadership Awards (companies that demonstrate technological leadership and innovation within the industry) and the Deloitte Technology Green 15TM Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Bennett Jones and OMERS Ventures. For further information, visit http://www.fast50.ca.
About Livestock Water Recycling, Inc. - LWR provides dairy, hog, and anaerobic digester operations with its innovative manure treatment technology. The technology recycles clean water and fertilizer nutrients from livestock manure for reuse at the farm. The potable water can be used for cleaning, watering of livestock or irrigation. The nutrients can be spread onto crop land for fertilizer or sold to generate a new revenue stream. LWR's goal is to save farmers time and money by providing them with a cost-effective solution to manage manure in a sustainable manner. LWR has systems operating throughout Canada and the US. LWR has been awarded a Canadian patent and is patent-pending in seven other countries. For further information, visit: http://www.livestockwaterrecycling.com.
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