PerformanceEdge Acquires Aerisa

PerformanceEdge Acquires Aerisa

PerformanceEdge Acquires Aerisa

SCOTTSDALE, Arizona -- September 14, 2009 – PerformanceEdge Partners, a leader in providing business development services for emerging construction, green energy and technology businesses today announced that it had acquired all of the assets of Aerisa Inc., a clean air utility serving the residential, commercial and industrial industries. The acquisition marks the second for PerformanceEdge in the last twelve months as part of its strategy to develop a new wave of breakthrough small businesses around new cornerstone technologies that transform industries. “We’re thrilled to add the Aerisa technology and customers to our portfolio,” said Phil Myers and Ken Herfurth, General Partners of PerformanceEdge. “With the rising tide of issues such as H1N1, clean air has become a high-priority area for investment and R&D focus. We look forward to working with the Aerisa team to refine the patented technologies we own and develop new innovations that make clean air a simple, value-added utility to any green program.” No terms of the agreement were disclosed. Aerisa will begin operations immediately under the PerformanceEdge umbrella of companies.

The Science of Clean Air

Aerisa has patented ionization technology which normalizes ‘bad’ air for numerous applications. Aerisa’s cold plasma solution reduces contaminates and pathogens including viruses, bacteria, molds, particulates, and volatile organic compounds (VOCs.) VOCs reduced include methane, formaldehyde, toluene and a long list of others. Additionally, Aerisa solutions realize energy cost reductions in air heating and cooling. Customers report improved working conditions, higher energy levels and the elimination of symptoms from bad air. The solution produces less than .05 parts per million of ozone emissions. The company currently holds 13 patents for applications of Aerisa’s technology ranging from automotive to aircraft solutions.

Applications and Uses

Wastewater Treatment Plants: Aerisa is installed in three wastewater treatment plants as a cost effective, energy saving, environmentally sensitive alternative to chemical scrubbers. At a treatment facility in Arizona, as compared to traditional odor control methods, Aerisa’s odor control solutions eliminated all odor issues and customer complaints while reducing 45% of capital installation costs, 66% of maintenance costs, 53% of 5 year TCO, and 86% of energy costs for odor control. Home Air Purification: Working inside traditional HVAC systems installed in homes, Aerisa residential implementations show (insert data here). Residential customers report reduced onset of allergic episodes, less dust and particulates in the air, and reduced energy costs. Airport Terminals: Aerisa is installed in the LAX International Terminal to eliminate jet fuel smells inside the terminal along with providing cleaner air in the breathing space. The company reports a significant reduction in customer complaints. Casinos: The smoke in casinos has been proven to reduce overall customer time and satisfaction levels. Aerisa is installed in three facilities where it has reduced or eliminated the smell and residue of smoke. The acquisition of the company by PerformanceEdge will provide additional capital to fuel growth in these application areas as well as fund new areas of innovation for the business.

About Aerisa

Aerisa is ‘green-tech’ solution enabling residential, commercial and industrial deployment of ‘clean air’ infrastructures. The company was founded in 2006, launched to market in 2007, and is the owner of 13 patents on the process of using ionization technologies to improve air quality. Its customer base includes pilot implementations in 2 wastewater treatment plants; one fully installed wastewater installation; one complete installation at Los Angeles International Airport (LAX); 186 homes and 11 commercial office buildings. For more: www.aerisa.com

About PerformanceEdge

PerformanceEdge Partners is a business development firm run whose founders have established a successful 25+ year track records in leading small and medium-sized businesses (SMB) to successful outcomes. The company currently owns or serves 8 businesses in the construction, green energy and technology industries, providing the investment capital and management services that enable SMB owners to uncover faster paths to profitability, exploit strategic growth options, optimize sales velocity and ensuring long-term sustainability. For more: www.performanceedgepartners.com

Date: 
Mon, 09/14/2009 - 17:43

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