Torrey Hills Honored for Innovative Mine-Safety Technology

  Torrey Hills Honored for Innovative Mine-Safety Technology

Company to transfer game-changing tools and processes from R&D to
commercialization phase for mine safety and greenhouse gas reduction

Business Wire

SAN DIEGO -- November 09, 2012

Torrey Hills Technologies, LLC has been named a finalist in the 2012 World
Technology Awards competition for its innovative methane-gas-capturing process
to dramatically improve safety in underground coal mines. The prestigious
World Technology Network (WTN) awards, presented in association with TIME,
Fortune, CNN, Science/AAAS, Technology Review and others, have been called
“the Oscars of the technology world.”

Corporations and individuals in 20 categories are nominated by their peers for
the annual awards. Along with Torrey Hills, Siemens and Qualcomm CEO Paul E.
Jacobs were among this year’s finalists. Other nominees included Apple,
Google, IBM and AT&T.

As a finalist in the Energy category, Torrey Hills automatically gains
membership in the WTN-- a global community of individuals and corporations who
are exploring what is imminent, possible and of lasting significance in
emerging technologies. “This is a great honor for a small company like ours.
It also speaks volumes about our lifesaving invention, which addresses the
devastating problem of exploding methane gas in underground coal mines and on
oil rigs,” said Ken Kuang, founder and president of Torrey Hills Technologies.

On an annual basis, methane gas explosions claim the lives of thousands of
miners and generate an estimated $45 billion in economic losses worldwide.
Torrey Hills is developing novel methane capture and recovery techniques to
supplement ventilation, which is the only established and proven technology
for alleviating methane problems. Since modern coal mines have complicated
underground networks, it is virtually impossible to ventilate every corner
equally.

By developing inventive and affordable methane-capturing products and
processes, Torrey Hills is targeting three critical global issues: preventing
and mitigating gas explosions, capturing greenhouse emissions that damage the
environment, and converting methane gas into liquid methanol, which is a clean
fuel and a useful chemical raw material. The company has received two rounds
of R&D funding from the National Science Foundation and is seeking investors
for the commercialization phase.

Founded in 2004, Torrey Hills has appeared on the list of INC Magazine’s
Fastest Growing Private Companies for the past four years. The company, which
maintains its headquarters in San Diego and a manufacturing facility in
Yixing, China, supplies electronic components and heavy equipment to the
electronics and alternative energy industries.

Contact:

Torrey Hills Technologies, LLC
Ken Kuang, 858-558-6666
kkuang@torreyhillstech.com
 
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