Arisdyne and ExxonMobil Research and Engineering Company Sign Agreement to Develop and Commercialize Cavitation Technology for Petroleum Industry

CLINTON, N.J.--(BUSINESS WIRE)--

ExxonMobil Research and Engineering Company (EMRE) has signed a Joint Development Agreement with Arisdyne Systems Inc. (Arisdyne) to jointly develop and commercialize new applications based on Arisdyne's Controlled Flow Cavitation (CFC™) Technology for the production of petroleum-based fuels, lubricants and chemicals. CFC™ can provide high shear forces used for superior mixing and creation of localized thermal energy.

“EMRE and Arisdyne are combining our strengths in petroleum processing technology to produce an industry-leading cavitation process to address today's challenges across our Upstream, Downstream, and Chemicals business lines," said Vijay Swarup, Vice President Research and Development at EMRE. "We are optimistic that this technology will make an important contribution to improve today's global petroleum processing."

Peter Reimers, President and CEO of Arisdyne Systems Inc., agrees. "Arisdyne is well known as a leading provider of cavitation technology. This partnership brings together the cavitation technology strengths of Arisdyne with the process technology expertise of EMRE and makes it available to the petroleum industry."

The new multi-year agreement covers the development and commercialization of applications based on the CFC™ Technology within the global petroleum industry.

About Arisdyne Systems Inc. (Arisdyne)

Arisdyne Systems, Inc. is the leading provider of hydrodynamic cavitation equipment. Arisdyne specializes in designing small footprint devices that utilize its patented controlled flow hydrodynamic cavitation and applies its CFC™ technology to achieve exception sheer forces for superior mixing or particle size reductions in numerous applications including vegetable oil refining, fuel ethanol production and waste water processing. For more information, call 216-458-1991, ext. 427 or visit the company website at www.arisdyne.com.

About ExxonMobil Research and Engineering Company

ExxonMobil Research and Engineering Company (EMRE) is Exxon Mobil Corporation's XOM global fuels and lubricants research and development arm. In association with affiliates in 24 countries around the world, EMRE's scientists, chemists and engineers are pursuing energy innovations to help improve quality of life and drive economic growth and advancement throughout the world. In addition to its research and development efforts, EMRE also licenses technologies that provide significant value while improving safety, reliability and energy efficiency. For more information, visit: www.exxonmobil.com.