Kosmo Seraya Snd. Bhd. (the holding company of Kosmo Technology Industrial Bhd. “KMC”) and In-Pipe Technology Company (Wheaton, Illinois, USA) announced today the signing of a joint venture agreement for the creation of a regionally focused biotechnology company focused on improving wastewater treatment, based in Kuala Lumpur, Malaysia. The joint venture, IPT Kosmo BioTechnology, Sdn. Bhd., will develop “Made in Malaysia” intellectual property for wastewater treatment, waste reduction, and waste bioconversion processes, and is intended to establish Malaysia as a front-runner in the research and development of new commercial applications for this revolutionary biotechnology. Through the acquisition of patent rights and process technology the company will offer its services throughout the ASEAN region and undertake the development of new biotechnology innovations.

In-Pipe’s proven, patented biotechnology represents a fundamental shift in the economics and methods of wastewater treatment. Rather than waiting until wastewater arrives at the treatment plant, In-Pipe begins the treatment process in the far reaches of the sewer system, closer to the source. In-Pipe’s advanced biological wastewater treatment, uses the natural retention time in the miles of sewer piping to treat the waste en-route to the plant.

“Kosmo Seraya Snd. Bhd. is pleased to have entered into this joint venture agreement with In-Pipe Technology,” said Mr. Norhamzah Nordin, Managing Director of Kosmo Seraya Sdn. Bhd. “This advanced biological wastewater treatment technology provides a much needed solution to many of the challenges and capital restrictions that wastewater treatment plants are facing today; not only in Malaysia but throughout the ASEAN region as well. This is a significant step in positioning Malaysia as the leader of this highly advanced biotechnology.”

“We are extremely excited about entering into this joint venture agreement with Kosmo Seraya Snd. Bhd. and look forward to working with Kosmo Seraya introducing this truly advanced biotechnology into the ASEAN region,” said Mr. Daniel R. Williamson, President and CEO of In-Pipe Technology Company LLC.

The technology provided by In-Pipe treatment modifies the naturally occurring biofilm already growing in the collection system, to deliver a number of major benefits without an increase in net operating cost. It helps prevent hydrogen sulfide production and consequent sewer pipe corrosion. It reduces odors and grease blockages in the pipes and pumping stations. It improves the performance and efficiency of the treatment plant and helps the plant meet discharge compliance levels.

About Kosmo Seraya Snd. Bhd.

Kosmo Seraya Sdn. Bhd. (KSSB) is an investment holding company for Kosmo Technology Industrial Bhd which in turn owns the Hexariang Group of companies. KSSB also has Kosmo Kars and Altospektra which are involved in passenger car distribution business. Brands being handled are Honda, Chevrolet, Ssangyong and Mazda. As authorized dealers Kosmo Kars and Altospektra, operates “3S” centers being sales, service and spare parts centers. The Joint Venture company, IPT Kosmo BioTechnology Sdn. Bhd. will be involved in the research, development and commercialisation of biotechnology based, environmentally friendly and efficient, wastewater treatment, waste reduction, and waste bioconversion processes. The company will work to supply the acquired technology and locally developed biotech solutions that will provide its customers with a strong commercial value proposition and benefit the environment.

About In-Pipe Technology Company, LLC

In-Pipe provides advanced revolutionary biological wastewater treatment services. In-Pipe’s patented and proprietary technologies combine extensive knowledge and experience in microbiology, biofilm engineering, sewer dynamics, and wastewater treatment design and operation. In-Pipe naturally converts the passive sewer collection system into an active and efficient pretreatment process. To learn more about In-Pipe visit www.in-pipe.com.