Background

Early 2006:

Advanced membrane filter technology licensed from Texas A&M to Geopure Water Technologies (former company, GWT). Original intent was to purify brine for drinking water on well sites. Technology fails in the field.

Late 2006:

Robert Hayes joins GWT to lend oilfield operations expertise. He quickly recognizes that process engineering prior to membrane treatment is crucial to success. Realizing the true value of the technology, focus is shifted from drinking water to produced and flowback water recycling and purification.

2007:

GWT collaborates with Complete Filtration Resources (CFR), our system manufacturer, to build a pilot system. Recruits Robert Hayes and Steve Shiner to develop pre-treatment processes.

2007-2009:

Purification technology is adapted to oil and gas applications through the development of pre-treatment processes. The technology is proven to work in the field for various types of contaminated water. Five successful pilot projects conducted.

2009:

A Fort Worth-based investment group forms GeoPure HydroTechnologies, LLC to purchase the assets of GWT and commercialize the technology. Ryan Perras joins as CFO and COO.

Spring 2010:

Filed patents on core pretreatment technologies and established long-term R&D agreement with the Texas University System through TCAT. Engaged in late stage discussions to form a Joint Venture with a major oilfield service company.

Winter 2010:

Conducted a final, successful pilot project for the Department of Energy.

Spring 2011:

Signed long-term R&D Agreement with Advanced Hydro, Inc.

Currently:

Raising capital to design, build and launch a fleet of GeoPure AdvancedHydro Systems ™ by Spring 2011. Planning to conduct one or more pilot projects for commercial customers in late 2011 and early 2012.