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Slide #88. Produced Water Absorbents, Inc. — USA and Malaysia Assets of ProSep Inc.
Produced Water Absorbents, Inc. (TINY)
USA and Malaysia Assets of ProSep Inc.
Harris & Harris Group, Inc. (Nasdaq:TINY), an early-stage, active investor in transformative companies, notes the announcement by portfolio company, Produced Water Absorbents, Inc. ("PWA"), that it has entered into an agreement to acquire the assets related to the global operations of oil and gas technology company, ProSep Inc., which has its main offices in the United States and Malaysia. ProSep designs, develops, manufactures and commercializes technologies to separate oil, water and gas. PWA is a technology company providing produced water treatment solutions and services to the oil and gas industry.
Harris & Harris Group is engaged in making investments in companies commercializing and integrating products enabled by disruptive technologies mainly in the life sciences. Co. identifies and invests in such companies and provides operational and management resources, and financial solutions. Co. focuses on BIOLOGY+ companies that are focusing on precision health and precision medicine market. Precision health focuses on preventative care and well-being at the individual level. It includes medical technologies, digital technologies, genetic and biochemical technologies, and machine learning technologies. Co. also has investments outside of the precision health and precision medicine sector.
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