CLEVELAND, OH (July 24, 2008) – Arisdyne Systems, an alternative fuel cavitation technology and equipment company headquartered in Cleveland, recently added two new members to their team. Dave Coleman of Tatum Partners will be joining Arisdyne as interim Chief Financial Officer and Glenn Levar of Shared Time Human Resources Management will be serving in the role of the company’s Human Resources Vice President. This combination of senior talent will serve Arisdyne’s board and operating leadership as the team develops and implements plans to acquire and preserve key resources – scarce capital and talented people. In particular, the expanded leadership will help Arisdyne allocate resources as the company develops, markets, and sells innovative biofuel equipment and solutions which apply new technologies for production systems.
"As the company has achieved continuing success in technology development and solving early customer production challenges, our financial, accounting, human resources support, and administrative communications needs have expanded," said Fred Clarke, President of Arisdyne Systems. "Bringing Dave, Glen, and others on board helps us meet those needs with more specialized talent resulting in better customer service."
In his new role, Coleman will oversee Arisdyne’s treasury and control functions in addition to his support in financial and cost analysis. He will work closely with the board as well as operating leadership to secure innovative and efficient sources of financial support designed to meet both the current and long term resource requirements. Levar will help establish a culture of performance, fairness and cooperation, as he assists with early challenges related to recruitment of key talent supporting activities in engineering, fuels chemistry research, and administrative communications. He will collaborate with key personnel in tailoring the employee handbook, benefit packages, safety procedures and organization structure to the growing needs of Arisdyne and the business associates.
To meet the needs for expanded work space, Arisdyne’s leadership team is currently working with state agencies and a real estate advisor in a search for a new, more suitable location.
Arisdyne Systems is the pioneering authority in the use of hydrodynamic cavitation to produce biofuels. They are at the forefront of America’s alternative energy industry with more than 21 U.S. patents and 50 international patents. For more information, call 440-239-7005 or visit the company website at www.arisdyne.com.
Crain's Cleveland Business, July 21, 2008 - Click here to view a PDF of the article (opens in a new window)
CLEVELAND, OH (July 14, 2008) – Arisdyne Systems, an alternative fuel, cavitation technology and equipment company headquartered in Cleveland, recently raised $5.3 million in new equity financing to facilitate research on biofuel production methods. The completed financing confirms Arisdyne’s initial success, and augments previous funding from the core group of investors. Capital was raised as part of the restructuring that established Arisdyne as an entity independent from parent company Five Star Technologies.
"This equity financing transaction represents a strong endorsement from the board and investors and will permit the management team to focus more aggressively on clean energy resources and biofuel technology," said Fred Clarke, President of Arisdyne Systems. "We are honored to receive such a vote of confidence and look forward to establishing Arisdyne as a leading alternative fuel technology equipment company."
The Five Star board of directors decided to establish Arisdyne Systems as an independent entity after seeing the results of cavitation research in a wide range of biofuels applications and concluding the technology was a viable and underfunded investment. Arisdyne Systems will now report to its own, newly formed board of directors, and will license cavitation technology from the recently formed Cavitech Holding Company (CHC), which will own the Intellectual Property.
The company is now well positioned to expand research in biofuels by exploring related technologies as well as processing non-food feedstocks. Additionally, more resources can now be directed to the development of methods for applying Arisdyne’s technology for enhancing yields and accelerating ethanol production. The current equity financing complements the one million dollar grant Arisdyne received in March from the Ohio Third Frontier Alternative Energy program, which will create 10 to 15 new jobs over the next two to three years.
Arisdyne is currently working with state agencies and a real estate advisor in a search for a new, more suitable location and will use part of the new funding to move Arisdyne to a more appropriate headquarters facility.
Arisdyne Systems is the pioneering authority in the use of hydrodynamic cavitation to produce biofuels. They are at the forefront of America’s alternative energy industry with more than 21 U.S. patents and 50 international patents. For more information, call 440-239-7005 or visit the company website at www.arisdyne.com.
CLEVELAND, OH (March 27, 2008) – Cleveland fuel production systems manufacturer Arisdyne Systems, Inc. recently received a one million dollar grant from the Ohio Department of Development’s Third Frontier Advanced Energy Program for the development of a more efficient method of processing corn into ethanol. The company expects to add 10 to 15 employees over the next two to three years as a result of the grant.
"We’re delighted to be able to bring additional funding to improving the ethanol production process," said Fred Clarke, President of Arisdyne Systems. "With the help of this grant, we will develop the technology to increase the yield of ethanol from each bushel of corn by up to ten percent."
By improving the initial processing of the corn, the new process will make it easier to turn the starches in the corn into sugars, which can then be broken down through fermentation to produce ethanol. The improved process will allow ethanol manufacturers to produce up to ten percent more ethanol from the same amount of corn.
Arisdyne’s team is led by Fred Clarke, and includes the award-winning scientist, Dr. Oleg Kozyuk as Chief Technology Officer. Arisdyne will be working with Dr. Frederick Michel of The Ohio State University’s Ohio Agricultural Research & Development Center in Wooster, Ohio to improve the production process for ethanol. Dr. Michel is an Associate Professor in the Department of Food, Agricultural, and Biological Engineering and recently spent a year’s sabbatical working at the National Renewable Energy Labs, the nation’s leading energy research facility.
As the pioneering authority in the use of cavitation to produce biofuels, Arisdyne Systems is at the forefront of America’s alternative energy industry with more than 21 U.S. patents and 50 international patents. For more information, call 440-239-7005 or visit the company website at www.arisdyne.com.
CLEVELAND, OH (March 18, 2008) – Cleveland fuel production systems manufacturer FST Fuel Technologies recently changed its name to Arisdyne Systems, Inc. to reflect a new, separate identity.
"Our company had evolved from our parent organization to better serve our customers’ production equipment needs within the alternative fuel industry," explained Fred Clarke, President of Arisdyne Systems. "When we established the company as its own entity, we wanted to update the name to better represent our dynamic system product offerings and the benefits to our customers."
As Arisdyne Systems, the company continues to specialize in the design, development, and implementation of fully integrated Continuous Flow Cavitation systems for enhancing the efficiency and economics of both Biodiesel and Ethanol fuel production.
Fred Clarke leads the experienced in-house research and business development team. The company has more than 50 years of combined expertise in equipment design, development, and production which, when applied to the alternative fuel industry, offers opportunities for paradigm shifting results. The team includes the award-winning engineer, Dr. Oleg Kozyuk as Chief Technology Officer. The Arisdyne research and management team is focused on the innovative design, improvement and expansion of alternative fuel process systems to help fuel manufacturers reduce costs, speed up production and increase quality.
Arisdyne's parent company, Five Star Technologies, is a manufacturer of custom dispersions, specialty inks, and engineered powders for the electronics industry, and formed FST Fuel Technologies to capitalize on alternative market applications of innovative cavitation technologies.
As the pioneering authority in the use of cavitation to produce biofuels, Arisdyne Systems is at the forefront of America’s alternative energy industry with more than 21 U.S. patents and 50 international patents. For more information, call 440-239-7005 or visit the company website at www.arisdyne.com.
CLEVELAND, OH (January 19, 2008) – Arisdyne Systems, a biofuels technology and equipment company headquartered in Cleveland, recently installed a biodiesel reactor for Middletown Biofuels, a wholly-owned subsidiary of CQ, Inc, that will produce high-quality biodiesel for the transportation industry.
“We are thrilled to transform their plant into a continuously operating factory that produces high-quality biodiesel fuel, and I want to commend Clark Harrison, the CEO of CQ, Inc., for taking this leap of faith,” explained Fred Clarke, President of Arisdyne Systems. “Besides recognizing the value of our patented process, he took a risk by convincing his operation to embrace our systems. I want to give him all the credit for bringing this innovative project to fruition.”
“Arisdyne’s scientists and engineers worked alongside CQ staff to make the conversion. It was truly a collaborative effort. The new reactor system has already more than doubled production,” said Clark Harrison, President of CQ, Inc. “It offers more consistent quality in our output, and the instantaneous reaction powered by Arisdyne’s continuous flow cavitation design allows us to move beyond our time-consuming old batch-processing method.”
The biodiesel reactor offers Middletown enhanced output predictability, both in quality and in quantity. For the first time, Middletown has shifted to a continuous flow system, a more efficient means of production than their previous batch process. Actual production is closer to three million gallons per year, reports Biofuels Project Leader Glen Shirey, even though the system’s estimated production level is two million gallons per year. In addition to the quantity advantages afforded by the new reactor, it also produces 99.85% pure fuel that exceeds the “Certifiable Biodiesel Grade” of 99.75%. The 0.1% margin allows the staff at Middleton to experiment with different feed stock fuel recipes, a flexibility that would not be possible with a smaller margin, said Shirey. A second system will be installed in Middletown the first quarter 2008.
Arisdyne Systems specializes in the design, development, and implementation of fully integrated Continuous Flow Cavitation systems for biofuel production. As the pioneering authority in the use of cavitation to produce biofuels, they are at the forefront of America’s alternative energy industry with 19 U.S. patents and more than 50 international patents.
21200 Aerospace Parkway
Cleveland, Ohio 44142
440.239.7005