Taronis Technologies, Inc. Announces a New Pilot Test Phase Contract for Multiple Parent-Company Locations with Top US Retailer
June 24, 2019 at 05:34 pm EDT
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Taronis Technologies, Inc. announced a new pilot test phase contract for multiple parent-company locations with a top US retailer. The client has requested that its identity remain confidential during this test phase. The initial pilot phase installation is expected to be completed at multiple parent-company owned locations during the third quarter. The test phase is intended to generate sufficient data for the prospective client to evaluate moving forward with a scalable contract within the remainder of 2019. The Water PilotA(R) System is designed to immediately reduce water consumption and provide installed customers with live remote consumption monitoring for long term leak protection and water asset management. Water Pilot has the potential to benefit a wide range of businesses or property with a water meter, including hotels and hospitality, elder and nursing care facilities, restaurants, retail, apartment complexes and other scaled commercial and residential properties.
Taronis Technologies Inc., formerly MagneGas Applied Technology Solutions, Inc., is an alternative energy company. The Company creates and produces hydrogen-based alternative fuel through the gasification of carbon-rich liquids, including certain liquids and liquid wastes. The Company also markets, for sale or licensure, its plasma arc technology for the processing of liquid waste (the Plasma Arc Flow System). Its products include the fuel called MagneGas2 for the metal working industry, the equipment primarily known in the firefighting industry, known as MagneTote, and the machines that produce MagneGas2, known as Plasma Arc Flow refineries. In addition, the Company sells metal cutting fuels and ancillary products through its subsidiary, Equipment Sales and Service, Inc. a Florida corporation. It focuses on market segments, such as industrial gas sales, equipment sales for liquid waste processing and use of MagneGas2 for the co-combustion of hydro-carbon fuels to reduce emissions.
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