US breakthrough for Xeros Technology
WATERLESS washing machine specialist Xeros Technology Group, which floated on the Alternative Investment Market (AIM) in March, said this morning it has made a breakthrough in the US.
Rotherham-based Xeros, a spin-out from Leeds University, which has come up with a way of cleaning clothes by using 70% less water and 50% less energy, announced the first incentive payment by a utility company in the US to an operator of a commercial laundry facility.
Liberty Utilities, an independent water, natural gas and electric company providing local utility management, service and support to small and mid-sized communities across the United States with more than 350,000 customers, has paid an incentive of $28,000 to Sterling Linen Services, one of the largest commercial hospitality laundries in New England, under its Natural Gas Energy Efficiency programme.
Sterling installed the Xeros Commercial Laundry System in its headquarters and is the first business to benefit from the incentives available to operators of Xeros bead technology from Liberty.
Bill Westwater, CEO of Xeros, said: “This first incentive payment received by one of our customers further underlines the attraction of Xeros’s polymer bead technology to the commercial laundry sector by ensuring our customers not only make significant financial savings but also reduce energy and water use, all whilst providing superior cleaning results. We look forward to working with utility companies on future incentives for their customers using Xeros technology.
“Liberty is pointing the way but since our IPO, we are also now in active discussions with a number of other US utility companies about assessing Xeros machines for energy incentive programme eligibility and I look forward to updating shareholders on progress with these discussions in due course.”
Xeros was launched in 2006 to develop and commercialise years of research into textile dyeing and the use of polymer beads for cleaning.
The system involves releases polymer beads into the drum which absorb dirt.
