ReformTech selected as one of 25 Nordic Cleantech Superstars

Stockholm, Sweden, February 6th, 2012 – ReformTech today annonced to be selected as one of 25 Nordic Cleantech Superstars. ReformTech has been selected for the Nordic Cleantech Open in April 2012.

“We are exremelly proud of being part of Nordic Cleantech Open, and to be one of 25 Nordic Cleantech Superstars. This nomination is yet another proof of the possibilities of our technology and our team! This markes another milestone towards our goal to Reform the World.”, says Daniel Hagström, CEO ReformTech.

Nordic Cleantech Superstars Selected – The 25 most promising Nordic Cleantech Innovations as voted by international industrials, investors and experts

“The amount of innovation and business opportunity that lies in these 25 start-ups is nothing short of stunning. They say some of the world’s most successful companies where built during recessions. I believe they will say the same about many of these in a couple of years”, says Alexander Bigge Lidgren, managing director of the Nordic Cleantech Open.

”We like the quality and the diversified mix this year. A lot of them target big industrial customers with ”must have solutions”, which is exactly what’s needed to succeed”, comments Jörg Sperling, Partner at WHEB Ventures, Munich.

The top 25 truly is a selection of cutting edge environmental technology companies. It is also a quick look on what is new, what is coming and what one can expect to see more of in the future. An interesting trait among a clear majority of the top selected companies is that their solutions typically remove a pain for an existing industry instead of challenging an entire industry.

About Nordic Cleantech Open

The Nordic Cleantech Open is a business competition aiming to identify, upgrade and display the top 25 early stage clean tech companies in the Nordic region each year.

For more information about the competition and the companies visit http://www.nordiccleantechopen.com

For complete pressrelease Press Release top 25_20120130.pdf

For description of the 25 selected companies see http://www.nordiccleantechopen.com/x7scg483/wp-content/uploads/2011/02/Top25_cleantech_web-2.pdf

For more information about ReformTech see http://www.reformtech.se

ReformTech in top 6 Global Companies at CleanTech Open!

Cleantech Open Announces Winners of 2011 National Business Competition and Global Ideas Competition.

The “Academy Awards of Clean Technology” marked the grand finale of the Cleantech Open’s yearlong National Business Competition.

See http://www.pitchengine.com/zingpr/cleantech-open-announces-winners-of-2011-national-business-competition-and-global-ideas-competition and http://www.reformtech.se for more information.

ReformTech to represent Sweden in CleanTech Open

We are proud to anounce that ReformTech have been selected to represent Sweden and the Nordic countries at the worlds largest Cleantech conference in San José in November. See also www.reformtech.se and www.nordiccleantechopen.se for more information.

ReformTech receives 4.8 million SEK grant from FFI

Stockholm, Sweden, July 4th, 2011 – ReformTech Sweden AB today received a grant of 4.8 million SEK grant from FFI to develop environmentally friendly catalytic heaters that provides significantly lower amounts of nitrogen oxides, particulates and carbon monoxide while increasing efficiency and emissions of carbon dioxide.

The grant is for a joint R&D-project to develop an environmental friendly catalytic heater for compartment heating, engine pre-heating and battery pre-heating in trucks and passenger cars. The project is conducted in close cooperation with Scania, Volvo Car Corporation, Saab Automobile and the Royal Institute of Technology.

- It is very gratifying to get the grant from FFI and the close cooperation with Scania, Volvo Car Corporation, Saab Automobile and the Royal Institute of Technology. The grant will help us to further expand and customize our technology platform together with some key Customers. It will also enable us to recruit more personnel and to increase the rate of our expansion. The worldwide market interest for our technology and products is rapidly increasing and the grant help us to actively participate in the on-going industry shift towards more environmental friendly energy- and propulsion systems, says Daniel Hagström, CEO ReformTech.

The heater's catalytic combustion yields significantly lower emissions (nitrogen oxides, particulates and carbon monoxide) while increasing efficiency and emissions of carbon dioxide, and is compatible with CO2-neutral fuels (bio-diesel, ethanol, methanol etc.). The project will develop and test a heater to fulfill customer demands for the vehicle market, and establishes strategically important cooperation to customers, production partners & aftermarket partners.

- The strong cooperation partners in this project secure that the results quickly are transformed into growth & increased revenue for ReformTech and the project takes ReformTech closer to its goal of becoming a new leading Swedish industrial firm in the cleantech sector. ReformTech is a company with ground breaking products and a world leading team, and this grant will enable us to realize our goals, says Daniel Hagström, CEO ReformTech.

About ReformTech Sweden AB
ReformTech was established by a group of world leading experts in the fields of environmental catalysis, fuel reforming and industrial production. ReformTech strives to professionalize the mobile hydrogen reformation market as well as the market for clean catalytic heaters through best practice development and a collaborative business system. ReformTech offers customers a wide range of innovative solutions for both mobile and stationary applications. For more information see www.reformtech.se.

About FFI
FFI is a partnership between the Swedish government and automotive industry for joint funding of research, innovation and development concentrating on Climate & Environment and Safety. Initially set to run from 2009-2012 with no definite ending year. FFI has R&D activities worth approx. €100 million per year, of which half is governmental funding. The background to the investment is that development within road transportation and Swedish automotive industry has big impact for growth.

FFI will contribute to the following main goals: Reducing the environmental impact of transport, Reducing the number killed and injured in traffic and Strengthening international competitiveness.

Government partners in FFI: VINNOVA (the Swedish Governmental Agency for Innovation Systems, the Swedish Road administration (Vägverket) and the Swedish Energy Agency (Energimyndigheten)

Industry partners in FFI: Volvo AB, Volvo Cars AB, Scania CV AB, Saab Automobile AB and FKG (Fordonskomponentgruppen)

In this round FFI funded 56 projects with a total of 196 million SEK. See http://www.vinnova.se/sv/ffi/Nyheter/Nyheter-2011/196-miljoner-till-forskningsprojekt-for-framtidens-bilar/ for VINNOVAS press release of the grant.

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Media Contacts:
Daniel Hagström, CEO, ReformTech Sweden AB
Phone: +46 70 319 75 05

ReformTech gets 2,8 million SEK grant from VINNOVA

Stockholm, Sweden, December 1st, 2010 – ReformTech Sweden AB today announced a grant of 2,8 million SEK from VINNOVA, a part of the Ministry of Enterprise, Energy and Communications of Sweden.

The grant is for a R&D-project to develop a 2-6kW environmental friendly catalytic heater for houses, small work-places, passenger car compartment heating and battery pre-heating. The project is conducted in close cooperation with Saab, KTH, and an industrial partner in China (ACTech/GreenTech) with strong connections to the vehicle industry as well as efforts to enable sustainable city developments.

- It is very gratifying to get the grant from VINNOVA. The grant will help us to further expand and customize our technology platform together with some key Customers. It will also enable us to recruit more personnel and to increase the rate of our international expansion and allow us to have a stronger market presence in China where we expect a rapid sales growth in the coming years. The worldwide market for our products is enormous and the grant help us to actively participate in the on-going industry shift towards more environmental friendly energy- and propulsion systems, says Daniel Hagström, CEO ReformTech.

The heater’s catalytic and flame free combustion yields significantly lower emissions (NOx, CO, & particles), and is compatible with CO2-neutral fuels (ethanol, methanol, etc.). The project will develop a smaller heater, 2-6 kW to fulfill customer demands on ReformTech’s main market niches, and establishes strategically important cooperation to customers, production partners & aftermarket partners.

- The strong cooperation partners in this project secure that the results quickly are transformed into growth & increased revenue for ReformTech and the project takes ReformTech closer to its goal of becoming a new leading Swedish industrial firm in the cleantech sector. Swedish companies are world leaders in the cleantech sector, which is now experiencing accelerated growth internationally. ReformTech is a company with ground breaking products and a world leading team, this will enable us to realize our goals, says Daniel Hagström, CEO ReformTech.

About ReformTech Sweden AB
ReformTech was established by a group of world leading experts in the fields of environmental catalysis, fuel reforming and industrial production. ReformTech strives to professionalize the mobile hydrogen reformation market as well as the market for clean catalytic heaters through best practice development and a collaborative business system. ReformTech offers customers a wide range of innovative solutions for both mobile and stationary applications. For more information see www.reformtech.se.

About VINNOVA
VINNOVA is the Swedish innovation agency and our goal is to increase the competitiveness of researchers and companies in Sweden. VINNOVA funds through the “Forska & Väx” program research and development projects in small and medium-sized businesses. The program is on a total of 120 million SEK per year. Companies can apply for three types of financing: implementation of R & D projects, feasibility study for R & D projects and the identification of a need for R & D projects. The companies themselves shall co-finance R & D projects with at least the same amount of money. The “Forska & Väx” second call in 2010 for R & D projects and studies funded 42 small and medium enterprises with a total of 41.7 million SEK. See http://www.vinnova.se/sv/Press/Pressmeddelanden/2010/2010-12-01-VINNOVA-finansierar-42-foretag-finansieras-med-nastan-42-miljoner-kronor/ for VINNOVAS press release of the grant.

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Media Contacts:
Daniel Hagström, CEO, ReformTech Sweden AB
Phone: +46 70 319 75 05

We are looking for more talents!

At ReformTech we are continuously looking for talented people, and currently we are looking for experienced engineers for our development department. Preferably with experience from the automotive industry. Do you want to Reform the World?

For more information see the Jobs sections.

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