Published on October 22, 2009 at 8:35 AM
Spring Creek Capital Corporation (OTCBB: SCRK), a Nevada corporation, announced today that one of its portfolio companies, BioCube, Inc., has completed the initial phase of the development of an environmentally safe decontamination system, utilizing an aerosol-based delivery method of aqueous solution. The key result of this phase is availability of the prototype unit that will undergo significant testing by BioCube and independent laboratories.
BioCube anticipates having several of these prototype units available for tests and demonstrations within the next 45-90 days.
BioCube, Inc. a Nevada corporation, is collaborating with its Russian research partners to complete the development of the system, followed by commercial development and distribution of the system. The decontamination system already has demonstrated effective destruction of microbial and fungal cells, spores, and viruses.
BioCube will focus on the following target markets:
-- Healthcare (hospitals and nursing homes) -- Travel (airplanes, cruise ships, mobile homes) -- Mold remediation -- Schools -- Animal farming -- Agriculture
BioCube believes that its decontamination technology holds significant promise as a long-term solution to a global problem, offering an effective method for rapid, inexpensive and environmentally safe remediation of facilities that may have been contaminated by pathogens.
SOURCE: Spring Creek Capital Corporation