Dateline: Thu, 05 May 2005
freeNewsArticles Story Summary: “BOSTON, Mass.- May 5 (SEND2PRESS NEWSWIRE) — Stratosphere Partners LLC, a Knowledge Venturing(tm) company that specializes in building new platform businesses and UV Solutions LLC, a pioneer of UV flash disinfection technologies today announce that they have formed a partnership to build a UV disinfection platform and brand based on UV Solutions’ patented technology.”
A R T I C L E:
BOSTON, Mass.- May 5 (SEND2PRESS NEWSWIRE) — Stratosphere Partners LLC, a Knowledge Venturing(tm) company that specializes in building new platform businesses and UV Solutions LLC, a pioneer of UV flash disinfection technologies today announce that they have formed a partnership to build a UV disinfection platform and brand based on UV Solutions’ patented technology.
Stratosphere will initially develop, market and license UV Solutions’ flash disinfection technology for a baby pacifier-cleaning device and other related baby care applications. The pacifier is clipped into a handheld, battery-powered, disinfecting unit and is disinfected in less than 1 second. A key feature is an indicator that changes color on the pacifier to indicate that it has been fully disinfected.
Bill Nast, a Founding Partner of Stratosphere, said, “With the rapidly growing awareness for maintaining family health, we believe there is huge potential for UV Solutions’ technology. Our vision is to create a “Dolby-like” brand strategy for our disinfection products. Ultimately our strategy is to move beyond childcare products.”
UV Solutions President, Geoff Jenkins commented, “Stratosphere’s strength is creating disruptive, innovative and valuable businesses with unique technology. We are excited about the potential of their operational skills married to our technical expertise.”
Pacifiers have many opportunities for contamination; either in a daycare setting where cross contamination is prevalent, in the family setting, and in public places where the concern for keeping items disinfected is very high. UV Solutions’ proprietary germicidal ultraviolet (UVC) disinfection technology is recognized by leading physicians as having a greater than 99.9% efficacy in killing bacteria, viruses, mold and fungi.
About Stratosphere Partners LLC
Stratosphere Partners LLC helps build new businesses using its Knowledge Venturing(tm) model which is similar to a venture capital model, but instead leverages intellectual capital in return for equity in the new ventures it creates. Stratosphere is a privately held company, headquartered in Somerville, Massachusetts.
More information: www.stratospherepartners.com
About UV Solutions
UV Solutions LLC is a privately held product development company in Wellesley Massachusetts. The Company licenses its proprietary Ultraviolet disinfection technology and product designs to market leaders. Other products under development include water purification products and a number of products for the medical community including a stethoscope disinfector, catheter site disinfection system and others.
More information: www.uvs-ultraclean.com
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• Story Title: Stratosphere and UV Solutions Partner to Create Product Disinfection Platform – Pacifier Market is Focus for First Products
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