SOURCE: Prism Analytical Technologies, Inc.

Prism Analytical Technologies, Inc.

October 14, 2010 11:52 ET

Prism Analytical Technologies, Inc. Completes Series A Financing

Capital Investment Will Finance Expansion of Sales, Marketing, Customer Service and Product Development

MT. PLEASANT, MI--(Marketwire - October 14, 2010) -  Prism Analytical Technologies, Inc., a leading U.S. air testing laboratory devoted to chemical identification and analysis of air contaminants, today announced that it has closed on a Series A round of financing. The investment was led by members from the Chicago exchange community with significant support from members of the Mt. Pleasant business community, including President and CEO of Central Michigan University Research Corporation Erin Strang. The company plans to use the capital for the rapid expansion of sales, marketing, customer support, and product development for its consumer-based indoor air quality testing product Home Air Check™.

Terms of the financing were not disclosed.

"Achieving this funding allows us the tremendous opportunity to bring our advanced yet affordable air testing technology to the home market," said Lester Keepper, Prism co-founder and CEO. "Our goal is to provide an economical way for every homeowner, tenant, and home buyer to assess the level of harmful chemicals in their home air and to know the source of that contamination. We assume that our homes are safe places to breathe, but that isn't always the case, particularly for children, pregnant women, or individuals with respiratory diseases, like asthma."

Home Air Check is a comprehensive air quality test anyone can utilize to determine the levels of unhealthy airborne chemicals (Volatile Organic Compounds or VOCs) in the home air. It also detects the presence of "hidden mold" that could be growing behind walls or in carpeting. Home Air Check test results indicate whether chemical and mold levels in the home air are within a safe range and show the potential sources of air contaminants so that an action plan to improve air quality can be implemented.

Keepper added, "This capital investment will allow Prism to more easily and effectively educate the consumer market on the importance of improving the overall 'health' of the home air, and the ease in which they can effect change in their own home environment."

About Prism Analytical Technologies, Inc.
Prism Analytical Technologies, Inc. ( is a recognized leader in the development and deployment of ambient air testing methodologies for Fortune 100 and 500 companies and environmental consultants across North America, South America, and Europe. Since 1992, Prism's science-based technologies and team of advanced-degreed Analytical Chemists have helped clients solve indoor air quality and environmental challenges. Prism's latest innovation, Home Air Check™ is a revolutionary indoor air quality assessment that is used specifically to test for airborne chemicals and actively growing mold in residential properties. From the chemical fingerprint of the home, Prism can then predict the sources of VOC contamination, giving home buyers and homeowners actionable information to use in locating and removing the offending sources, and thereby improving the overall home air quality.

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