Corporate Profile
Providing Advanced Technologies for a Secure and Healthy World
GenPrime was founded in 1997 to develop a new generation of microbe detection technology for managing the production performance of fermented products in the food, beverage, pharmaceutical, and chemical industries. Since its inception, GenPrime scientists have invested over 50,000 hours of research, which have resulted in the development of an exceptionally reliable, proprietary technology for rapid microbe detection. Its first product, the GenPrime Yeast Activity Monitor,™ was introduced in June of 2000 and has been incorporated into the production process of companies such as Miller Brewing Co., Molson Brewing Co, Coors Brewing Co., Lion-Nathan Brewery, Gallo Wines and Cargill. The GenPrime Yeast Activity Monitor™ is now being deployed on a large scale for use in ethanol production.
Following the anthrax scares of October 2001, the critical need for a practical technology to assist first responders in efficiently dealing with bio-terrorist threats became apparent. GenPrime?s unique experience combined with its proven proprietary technology placed it in an ideal position to address this critical need. The management team focused its resources on the application of its technology for first response solutions to bio-terrorism.
The Company is now on the front line of homeland security. It is currently shipping the fully developed Prime Alert® Biodetection System to first responders and corporate security professionals globally. Some key customers include the U.S. Postal Inspection Service, Washington DC Metro Police, The Chicago Fire Department, Hazmat teams throughout the State of Georgia, Norfolk Naval Fire Department, Progressive Insurance, US Steel Corp., the Hearst Corp., the Defense Forces of Ireland, Singapore Civil Defense, the Spanish Air Force and others. The Prime Alert System is enabling these organizations to dramatically reduce the service disruption, fear, and economic impact of bio-terrorist threats within their communities.
The fluorescence-based technology behind the Prime Alert is covered by two U.S. patents. In addition, the Prime Alert was validated in 2002 by a U.S. national laboratory for its use in testing unknown powder samples.
The need in emergency response for products that can detect terrorist agents in more than just powders is abundantly clear. The water supply in the U.S. is a major conduit for biological and chemical terrorism. In addition, biological weapons that can be disseminated via the air pose an imminent threat.
GenPrime continues to expand its product line to address the needs for biodetection in water and air. The Company will shortly announce the launch of a new product that instantly detects microbial contamination in water and other liquids. This product will open the door to additional new markets such as federal agencies, municipalities and companies seeking to protect their water and food supplies from potential biological threats. The product is near completion and further funding is needed to expand marketing efforts.
In order to complete the scope of bacterial testing in the homeland security market, GenPrime has taken steps to apply its core fluorescent technologies to the detection of bacteria in the air. The Company is currently involved in several collaborations including strategic partners with expertise in air sampling technologies. For example, GenPrime is involved in a government funded collaborative project with Los Alamos National Laboratory that will result in an air sampling device that uses an aerosolized version of the Prime Alert technology.
GenPrime believes that it has only scratched the surface of applications for its biological screening technologies. The pharmaceutical and other industries that use fermentation in their processes have expressed keen interest in the GenPrime Yeast Activity Monitor™ technology. The clinical diagnostic market for human and animal health is also in need of rapid screening tests. The Company is poised to enter these and other markets with existing products and products currently under development. Through strategic partnerships and additional resources, GenPrime has all of the ingredients necessary for rapid and sustainable growth. |