Opportunity to Further Educate the Industry on its Proprietary AST-Organosolv Process Technology and Contract R&D Services
MILTON, GA , April 16, 2018 (GLOBE NEWSWIRE) -- Meridian Waste Solutions, Inc. (NASDAQ: MRDN) (the “Company” and recently proposed announced name change to “Attis Industries, Inc.” or “Attis”), an integrated technology and innovations company, today announced that its subsidiary, Attis Innovations, will be attending and presenting at this year’s International Biomass Conference & Expo in Atlanta, GA on April 16-18. Attis Innovations will be conducting two different presentations, both of which will focus on its exclusively licensed AST-Organsolv Process Technology from American Science and Technology Corporation (“AST”).
The 11th Annual International Biomass Conference & Expo is one of the premier networking and educational conferences for the global biomass industry. The event attracts current and future producers of bioenergy, biobased products and biomass stakeholders interested in extracting new value from their biobased materials. The biomass market has seen tremendous growth over the last five years, and Attis Innovations feels strongly that its proprietary processing technology can bring new sources of revenue to a market needing further innovations to expand beyond its current state.
Attis Innovations will be presenting in two different tracks to further educate the biomass industry about its patented and patent pending process technologies as well as the contract R&D services available through its pilot-scale facility in Wausau, WI. Dr. Ali Manesh, an inventor of the AST-Organosolv process and founder of AST, will be moderating two separate sessions and Dr. Raghu Gurram and Jordan Thut will be presenting. Dr. Manesh has more than 30 years of experience in research, development, deployment, and manufacturing of various process technologies including alternative energy technologies. Dr. Manesh has authored eight US patents and is the foremost expert in the industry for Organosolv processing technology for biomass.
During its presentations, Attis Innovations will focus on the technical aspects of the AST-Organosolv process, the various high value, unique products produced and overall flexibility compared to traditional biomass processing technologies. Attis Innovations will also concentrate on promoting its ability to provide contract R&D services through its pilot-scale processing facility and laboratory in Wausau, WI. Attis Innovations’ facility in Wausau, WI has been in operation since 2003 and specializes in working with various types of lignocellulosic biomass for classification and conversion into its higher value constituents. The Wausau facility has worked with numerous universities, Fortune 500 companies, research institutes, and entrepreneurs to assess the strengths and weaknesses of new bio and chemical processes while lowering the financial risk related to pre-commercialization investments.
“We are very excited and honored to have the opportunity to participate in one of the biomass industries pillar events,” said Meridian Waste Solution/Attis Industries Chief Executive Officer, Jeff Cosman. “Participation in these events is a key component to further educating the industry on our innovative technology and contract R&D services capabilities. We believe strongly that our Organosolv process technology can drastically alter the biomass processing industry by opening up new opportunities for lower value sources of biomass to generate previously unthought of revenue.”
Mr. Cosman added, “The staff at our Wausau pilot and laboratory facility is second to none for Organosolv processing technology and laboratory services, and we are eager to showcase that talent through this highly regarded and attended conference.”
About Meridian Waste Solutions, Inc. / Attis Industries
Meridian Waste Solutions, Inc. (MRDN) is a company defined by our commitment to servicing our customers with unwavering respect, fairness and care. We are focused on finding and implementing solutions for the resource needs and challenges of our customers with a fundamental objective to seek rewarding solutions through technology and innovation. Our healthcare business centers on creating community-based synergies through collaborations and software solutions. Our innovation business (www.attisinnovations.com) strives to create value from recovered resources. For more information, visit www.mwsinc.com.
Forward-Looking Statements
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