MyCelx™ Technologies received OTC 2011 Spotlight on New Technology Award

Award recognizes MyCelx Clean Water Technology for Produced Water Treatment

OTC 2011

ATLANTA--()--MyCelx Technologies Corporation, the ISO-9001 company certified for oil removal to less than 5 ppm by Lloyd's Register, will receive Spotlight on New Technology Award at this year’s Offshore Technology Conference (OTC) for their Clean Water Technology for Produced Water Treatment. The awards recognize innovative new products that provide significant impact for offshore exploration and production, and will be presented at 4 p.m. Monday, May 2 at OTC, being held May 2-5, 2011 at Reliant Park in Houston.

“Our technology for produced water treatment offers deepwater offshore drilling platforms failsafe overboard produced water discharge, and we are very pleased that this innovative technology has been recognized as a Spotlight winner at OTC this year,” said Mark Mixon, Senior Vice President, Global Business Development at MyCelx.

As an OTC Spotlight winner, MyCelx Clean Water Technology for Produced Water Treatment had to meet the judging criteria of: new, innovative, proven, broad interest and significant impact. MyCelx Produced Water system is the best alternative, in terms of robust performance, system size, cost, safety and maintenance, to traditional carbon bed filtration and acid injection which are currently deployed for removal of emulsified oils and water soluble organics (WSO) in deep water offshore platforms to meet overboard discharge requirements.

“With the stringent water discharge requirements and the potential cost savings from recycle and reuse of produced water, oil and gas producers all over the world are aggressively implementing MyCelx Clean Water Technology in their produced water management and handling scheme,” said Mixon of MyCelx. “Based on our technology’s performance, we are experiencing significant global market growth in the oil and gas industry.”

MyCelx Clean Water Systems for Produced Water Treatment are currently used by onshore oil and gas operators Anadarko, EnCana, Williams, Hess and CNRL. MyCelx Clean Water Technology is currently being evaluated in Gulf of Mexico deepwater platforms with good initial results, and their Produced Water Treatment system was recently selected for Chevron’s Jack/St. Malo project.

Hari Parthasarathy, Manager of Applications Engineering for MyCelx, will present the latest field results from onshore and offshore produced water installations of MyCelx Clean Water Technology at OTC technical paper proceedings at the Thursday morning session, May 5 (Paper No.1014) and at a press conference on Wednesday at 9:00 a.m. MyCelx Produced Water unit will also be exhibited at Booth 6536 throughout the conference. For more information, please visit www.mycelx.com.

About MyCelx

MyCelx is the only environmentally sound, patented technology certified for oil removal performance by Lloyd's Register, UK. Our complete set of turnkey solutions tackle the toughest oil removal challenges in Oil/Gas and Petrochemical, Marine, Manufacturing, Power and Facilities. Fifteen patents, Fortune 100 clients, and hundreds of installations worldwide attest to the fact that MyCelx is a top performer in turnkey clean water hydrocarbon removal.

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Contacts

MyCelx Technologies Corporation
Jenny Hager, 404-534-3118
jhager@mycelx.com
or
Write2Market | Public Relations
Holly Frew, 404-419-6677 x 113
holly@write2market.com

Release Summary

MyCelx Technologies' Clean Water Technology for Produced Water Treatment named a Spotlight on New Technology Award winner at the 2011 Offshore Technology Conference May 1-5 in Houston.

Contacts

MyCelx Technologies Corporation
Jenny Hager, 404-534-3118
jhager@mycelx.com
or
Write2Market | Public Relations
Holly Frew, 404-419-6677 x 113
holly@write2market.com