finalists

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16 AUGUST 2014 AUSTRALIA’S BEST EMERGING TECH COMPANIES ANNOUNCED Key Highlights:  14 of Australia’s best emerging technology companies have been named as Finalists for the 2014 Australian Technologies Competition (ATC14)  These finalists will battle it out at a dragons-den style live judging seminar on 16 September  The Australian Winner will be announced at a gala dinner 16 September, Maritime Museum: Tickets at www.austechcomp.com The world’s first life-saving shower, smaller batteries with up to 50% more storage; and carbon nanotubes 200 times stronger than steel are among the inventions named onto the prestigious Australian Technologies Competition (ATC) Finalist shortlist for 2014. The ATC has today announced its Finalists across six industry categories, following the extensive mentoring and Business Plan judging by the competitions eminent panel of experts. These top innovators will now battle-it-out in front of a live audience in the final round of the annual competition. The gala Showcase & Awards Dinner, to be held at the National Maritime Museum on 16 September will determine who will be Australia’s best technology company for 2014. An initiative of the Australian Federal government, and now in its fourth year, the ATC has a track record of finding, mentoring and promoting some of Australia’s best technology companies. The competition seeks to identify future success stories and help them drive their innovation onto the world stage. Competition Organiser John O’Brien says he is on a mission to turn great technologies into great businesses, 'We aim to find the best companies, provide them with the best mentoring possible and connect them with global partners. We want to help create multi-billion dollar global success stories.' Could this be the story for this year’s finalists? The Finalists are developing a range of revolutionary innovations that address the big growth opportunities and challenges of the future. Solutions for food, water and energy security and the creation of new knowledge and skills intensive industries that will forge Australia’s position in global high-tech markets. For the first time, the ATC is introducing a people’s choice award, and you can vote for your favourite company at https://play2lead.co/atc14. The Showcase and Awards dinner will celebrate the success of Australia’s top 36 Semi Finalists and is an opportunity to rub shoulders with these leading companies, hear from Matt Barrie, the CEO of Freelancer; meet the country’s leading commercialisation experts and learn from international speakers on what Asian markets are seeking. Event information available at www.austechcomp.com . The Principal Sponsor of the Competition is Autodesk, a leading software company that strives to help people imagine, design and create a better world. In addition to offering highly subsidised access to its design software through the Autodesk Clean Tech Partner Program, the company mentors Competition Finalists on how they can use technology to optimise product. Media contacts: John O'Brien on 0419 826 372 [email protected] Stef Winwood [email protected] THE 2014 ATC FINALISTS (Alphabetical per award) AWARD FINALISTS AWARD FINALISTS Built Environment Award CINTEP Eden Energy GreenSync Energy Technologies Award Carnegie Wave (ASX: Nano-Nouvelle RayGen Resources Manufacturing Technologies Award GreenSync Safelash Rheology Solutions Food Technologies Award BioGill Microbiogen Rheology Solutions Mining Technologies Award Minnovare RayGen Resources Regen Power Water Technologies Award Calix BioGill Baleen Filters FINALIST DESCRIPTIONS (Alphabetical by State) Finalist State Description BioGill NSW BioGills’ Nano-Ceramic Membranes™ combine science and technology to create the most useful and cost effective wastewater treatment systems. BioGills are the perfect habitat for nature’s best recyclers, bacteria and fungi; to grow, multiply and consume nutrients from wastewater faster and more effectively. BioGill - focusing the force of nature. Calix NSW Calix's mission is to simplify how things are made. Refined minerals help make almost everything, and yet they are expensive and energy intensive to use. Calix has developed an elegant technology that creates mineral "popcorn" - fluffy tiny mineral particles that combine more readily into products and innovative new materials – while capturing CO2. Its first product-to-market is a magnesium-based fluid, a superior additive for the treatment of waste water, that delivers price and energy savings of at least 25 % against current methods. Microbiogen NSW Sydney-based Microbiogen has developed technology that can simultaneously convert waste plant biomass into fuel ethanol, high protein feed for our farm animals and fish, as well as a product that can serve as an environmentally friendly coal substitute. Microbiogen specialises in the improvement of yeasts for multi-billion dollar industrial applications such as baking and first generation ethanol. It has also used its proprietary high throughput breeding and selection technologies to develop brewer’s yeast strains (called Saccharomyces cerevisiae) able to metabolise carbon compounds present in a wide range of waste plant biomass. Unlike competing technologies, Microbiogen’s approach does not use any genetically engineered organisms. Safelash NSW How does a small Sydney-based company make every container ship and port in the world safer? Targ Safelash™ has the answer. Appalled by the high rate of injuries in container ports and after a death in Sydney in 2010, the team has developed a way of lashing that is safer, quicker, cheaper and easier than the half-century old system in use around the world today. The Targ Safelash™ is a safer, stronger and more reliable way of lashing containers on ships. The solution is much easier, lighter and safer to use and can cut injuries by 30%. They are working with their first customers in Europe and Asia and have big plans to go global very quickly. CINTEP QLD CINTEP’s Recycling Shower system is possibly the world's first life-saving shower system. It reduces water and energy consumption from showering by 70% without reducing flow rate, temperature, or time in the shower. This can translate to a family household saving of $937 every year, along with 73,000 litres of water and 2.6 tons of CO2. Its potential to save lives however, was what caught the attention of the US Army. Now in negotiations with CINTEP, the US Military estimates that this recycling shower could reduce operational fatalities by 20% due to the drastic reduction in supply convoys who primarily move large qualities of water to the front line.Finalist State Description Nano-Nouvelle QLD Nano-Nouvelle is developing the Tin NanodeTM, a high performance battery technology, which increases the energy density by up to 50% so that more energy can be stored in smaller batteries. Stephanie Moroz and her team aim to commercialise their high capacity lithium ion batteries in the next 2-3 years, meeting the ever increasing energy demands of mobile devices. In 2012, 4.5 billion lithium ion battery cells were produced worldwide, which was 32GWh of storage capacity, and value of US $10.5 billion. Nearly all of these were for phones, laptops and tablets but they are being used in more and more devices. The Nanode has the potential to impact our daily lives. Phones could last a lot longer between charges, and in the longer term electric vehicles might have an extra 100km of driving range. Baleen Filters SA The unique patented Baleen Filter provides a sophisticated yet easy to implement solution to effectively separate suspended matter from industrial, mining and municipal wastewaters. The Baleen Filter uses a double-act of high pressure, low volume sprays, enabling smooth continuous operation and overcoming the inadequacies and high costs involved in conventional systems. The modular, scalable Baleen Filter is proven in a very wide range of industries, and has solved many industrial and municipal wastewater treatment problems and requirements, including mining, food and beverage production, livestock processing and municipal waste treatment. GreenSync VIC GreenSync is changing the way that its customers consume energy. They have developed a system that allows utilities and large customers to better forecast and predict their energy loads to maximise the efficiency of when equipment is used. Its systems work 24×7, integrating weather and climatic data, production schedules, along with information from networks and markets around the country to predict forthcoming high load and high cost events. More than just another Big Data framework, GreenSync have developed a unique real-time analysis for detecting and quantifying peaks, and a way to automatically respond to these peaks through reducing energy demand of industrial equipment. RayGen Resources VIC Developing the world’s lowest cost energy. Raygen’s Concentrated Solar Photovoltaics (CSPV) combines the best elements of two leading solar power technologies, without their shortcomings. CSPV power stations use mirrors to concentrate light by 800 times onto a dense array of ultra-efficient photovoltaic cells. World solar capacity is growing exponentially. A mass of 3GW of solar capacity was added in 2013 at a cost of over $100B. It is a huge market and Raygen is developing a genuine breakthrough product. Rheology Solutions VIC Rheology Solutions has developed that help any industry using liquids in processing to accurately measure their properties in real time. This means that industry has better control, can improve quality and avoid wastage. By measuring liquid properties flowing in pipes, the 'OnLine Rheometer’ (OLR) is helping food, personal care and, mineral processing industries to improve their efficiency and productivity. Carnegie Wave Energy (ASX:CWE) WA Carnegie Wave Energy (ASX:CWE) is focused on developing and commercialising its 100% owned CETO wave energy technology which is capable of producing zero-emission power and direct desalinated water. CETO differs from other wave technologies under development globally by being fully submerged and being able to generate power both onshore and offshore. CETO has been proven at pilot scale and is now in its commercial demonstration phase. Eden Energy (ASX:EDE) WA Eden Energy is developing carbon nanotube (CNT) enriched concrete for use in construction and infrastructure. CNT’s are super strength, nano-carbon particles with a flexural strength of 200-300 times that of steel. A small percentage of CNT added to concrete should significantly reduce the quantity of concrete required for structures and reduce or even perhaps eliminate the need for re-enforcing steel, resulting in cheaper, lighter, stronger structures, far more flexible designs and far lower Greenhouse Gas footprints. Eden Energy has commenced trails in the US of its carbon-nanotube enriched concrete. Minnovare WA Minnovare has found the solution to time consuming land surveying methods when aligning a drill rig. The Azimuth Aligner device is easy for drillers to use and reduces the time needed to align a drill rig from more than 1.5 hours to just five minutes. By using the latest in military grade north seeking gyro technology, drill rig operators can use the Azimuth Aligner®’s real time display to accurately align a rig and replace the need for GPS and surveyors. By automating what is traditionally a manual and labour intensive process the Azimuth Aligner® significantly improves ‘bit on bottom’ time, safety, efficiency and overall drilling productivity. Regen Power WA Regen Power has developed a generator that integrates wind, solar, diesel and battery storage. HybridGenTM Power Pack saves 85% fuel over a conventional generator. In addition, the HybridGen system works more efficiently providing improved quality and reliability and reduced maintenance. The system is ideal for remote and regional communities and mining operations.