SOURCE: Frost & Sullivan

September 19, 2011 00:26 ET

Algaetech Receives 2011 Frost & Sullivan Asia Pacific Green Excellence Award for Service Innovation in Algae Technology

KUALA LUMPUR, MALAYSIA--(Marketwire - Sep 19, 2011) - Algaetech International Sdn. Bhd. today announced it has received the 2011 Frost & Sullivan Asia Pacific Green Excellence Award for Service Innovation in Algae Technology. The award was conferred at the inaugural 2011 Frost & Sullivan Asia Pacific Green Excellence Awards banquet held on the 25 August at the Amara Sanctuary Resort Sentosa, Singapore.

According to Frost & Sullivan, Algaetech International Sdn. Bhd. is a turnkey company in algae technology and is ever ready to offer key green solutions to help solve environmental issues while providing a return in investment in the form of high value products, such as biofuels, health foods and other valuable by-products.

By utilizing CO2 emissions as a resource to grow the algae, Algaetech helps power plants and manufacturing facilities reduce their impact on the environment while simultaneously generating revenue from their waste streams.

"Algaetech's trademarked Algae Integrated Management System (AIMsys), equipped with its unique monitoring and computerized automation control system and customized report and analysis of the process, will ensure the efficiency and productivity of the process throughout its operations," said Radhika Puri, Frost & Sullivan Technical Insights Research Associate.

She continued, "Algaetech's involvement in various projects all over Asia, such as in Indonesia, Pakistan and South Korea, further affirms that Algaetech's expertise in microalgae research and development, consultancy, and start-to-finish service in algae technology will help open a window of opportunities for a greener and more environmentally conscious industrial market in the Asia Pacific region."

Algaeetch is also currently working closely with the Aerospace Malaysia Innovation Centre (AMIC) and EADS to promote the cultivation of algae and production of aviation fuel in Malaysia. Algaetech is also embarking into a new venture, Pahang Biodiesel, on the development of what will be the world's largest algae project on a 5,000 acres site in Rompin, Pahang.

The 2011 Frost & Sullivan Asia Pacific Green Excellence Awards are presented to companies in the Building and Environment, Energy, Logistics, Healthcare and Chemicals industry sectors that have demonstrated significant progress in enhancing the long-term sustainability and managing the environmental impact of its operations, which results in measurable improvement in the company's overall environmental performance within its industry sector.

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About Algaetech International Sdn. Bhd.

Algaetech International Sdn. Bhd. is a Malaysian-based holding company that was founded in 2004 by current CEO, Syed Isa Syed Alwi. The company specializes in microalgae research and development as well as consultancy services, with presence in both the Malaysian and Indonesian markets. Algaetech's consulting services is based on its trademarked Algae Integrated Management System (AIMsys), which provides real-time monitoring of the algae cultivation facility. It also monitors the efficiency and productivity of the algae system through a combination of technological and biological aspects. AIMsys also includes a monitoring and computerized automation control system of the process's conditions and provides customized reporting and analysis. The company also continues its research into algae cultivation, with various industrial partnerships and research collaborations around the world.

The adaptability of Algaetech's services and offerings has attracted companies from various countries all over Asia, such as Korea, Thailand, Indonesia and Pakistan, who are interested in incorporating algae systems into their industrial activities. Algaetech aims to be a turnkey company in the field of algae technology and intends to provide their clients with the choice of a range of possible solutions to help them achieve a greener future.

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