Sionix Corp (SINX)

Description:

Sionix Corp was initially incorporated in Utah in 1996 and reincorporated in Nevada in 2003. The Company designs and develops turnkey stand-alone water treatment systems intended for municipalities (both potable and wastewater), industry (both make-up water and wastewater), mining, energy production, emergency response, military and small residential communities. Its business is to develop advanced water treatment technology for public and private potable drinking water systems and wastewater treatment systems, as well as industrial systems, in order to address these issues. The Company has initially targeted (1) small to medium public and private water districts that provide communities with drinking water or sewage treatment service and (2) water reclamation systems of commercial-industrial clients that create and dispose of contaminated wastewater. Dissolved air flotation, or DAF, has been used in water and wastewater treatment for more than eighty years, primarily in Europe. The dissolved air flotation system it developed, which employs patented technology, removes more than 99.95+ percent of the organic particles in water, and provides a barrier against microbial contaminants such as cryptosporidium and giardia lamblia. Each ELIXIR Water Treatment System is a self-contained water treatment system or pre-treatment process using ordinary air, with minimal chemical flocculent aids. The Company holds 8 U.S. patents on technology related to or incorporated into the ELIXIR system and related components, however, as of the date of this filing, only 2 are actively used in the ELIXIR system. Its products must compete with water filtration and purification equipment produced by companies that are more established than it is and has significantly greater resources than it has, such as General Electric Co., Siemens Water Technologies and Cuno Incorporated. The Company also competes with large architectural/engineering firms that design and build water treatment plants and wastewater facilities and with producers of new technologies for water filtration.