"AGT Announces a New Polymeric Oxidation Contract"
January, 2006
Atmospheric Glow Technologies, Inc. (OTCBB:AGWT) (AGT) has been awarded a subcontract for $876,000 by Oak Ridge National Laboratory (ORNL) to demonstrate rapid oxidation of polymeric materials using its patented plasma technology. This contract builds upon previous ORNL awards, and according to the project director, Daniel M. Sherman, "This new polymeric oxidation process has the potential to revolutionize the manufacture of carbon fibers by significantly increasing the production speed while lowering the manufacturing cost."