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AirQual Corporation acquires Antimicrobial Powders Technology
from DuPont Chemical Solutions Enterprise
AirQual's ACT® to Meet
the Surging Mainstream Demand for Advanced Antimicrobial Protection
from Mold, Mildew, Bacterial and Fungal Infestation.
Wilmington, DE and Canton, MA. October 19, 2004: AirQual
Corporation and DuPont Chemical Solutions Enterprise (DCSE) today
announced that AirQual has acquired silver-based antimicrobial
powder technology from DCSE. Financial terms of the acquisition
were not disclosed.
The acquisition includes silver-based antimicrobial powder technology,
patent rights and products, as well as the transfer of all EPA
registrations, formerly marketed under the DuPont MicroFree® Brand.
AirQual will be marketing the technology under the ACT® brand to a
broad range of manufacturers of paints & coatings, building materials
and other products to provide unprecedented, state-of-the-art
antimicrobial protection; protecting those materials from the
degradation caused by molds, mildew and other bacterial infestation.
"At a time when 26 states and the federal government are debating
pending legislation to protect homeowners and employees from the
very serious health risks associated with molds, we are very excited
to be bringing to market a family of products designed to protect
property from deterioration from molds, mildew and bacteria," said
Tom Magauran, President and CEO of AirQual. "Our goal is to bring
ACT® protection in a broad range of cost-effective, mainstream products,
with an initial emphasis on building materials, so that people and
businesses everywhere can realize the benefit of building materials for
their homes, schools and workplaces being protected from these
destructive infestations."
DCSE developed the technology to allow incorporation of the coated
particles into polymers that could also offer antimicrobial properties.
"Although DCSE offers antimicrobial products and disinfectant
ingredients for cleaning and disinfecting public spaces, this
particular product did not go hand-in-hand with that suite of
products as part of our strategic business growth objectives,"
said Tom Samples - DCSE's Clean and Disinfect marketing manager.
"We are pleased that AirQual's focus will seek to maximize the
value of this technology in their chosen markets."
AirQual's ACT® is EPA registered for use in a broad range of
applications including paints, coatings, caulks, sealants, adhesives,
wallboard, carpets, curtains, plastics, wood coatings, and textiles.
AirQual Corporation, founded in 2000, is dedicated to the global
delivery of technologies that cost-effectively contribute to the
improvement of Indoor Environmental Quality (IEQ). These technologies
today include proven, highly cost competitive inorganic antimicrobials
incorporated in a broad range of products, from paints and coatings
to structural materials to textiles, protecting these products from
the harmful effects of mold, mildew and a very broad range of bacterial
and fungal challenges. More information may be obtained at www.airqual.net.
DuPont is a science company. Founded in 1802, DuPont puts science to
work by solving problems and creating solutions that make people's lives
better, safer and easier. Operating in more than 70 countries, the
company offers a wide range of products and services to markets
including agriculture, nutrition, electronics, communications, safety
and protection, home and construction, transportation and apparel.
For Further Contact:
Jack Probolus
AirQual Corporation
35 Industrial Drive
Canton, MA 02021
Phone: 781-302-3356
Tita Cherrier
DuPont Chemical Solutions Enterprise
302-892-8870
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