Crystal IS today announced its win of the Disrupt-o-Meter Award at the 2013 BlueTech Forum, in Amsterdam. Crystal IS was selected from a range of participants for the water sector award honouring innovative, industry-revolutionising technology.
"We are thrilled to be recognised by this global forum composed of water industry leaders, market experts and our peers," said Therese Jordan, SVP of Business Development at Crystal IS. "This honour signifies the global market's confidence in our technology and its future impact."
BlueTech Research monitors the global water market for companies with innovative and disruptive technologies and a strong go-to-market strategy. The Disrupt-o-Meter Award is given to the water technology company that has the highest potential to not only influence existing markets, but open up new markets because of its ability to be used in various applications.
Additionally, the award analyses the company's business model and the quality of service provided with the technology. "BlueTech Research has long been tracking and analysing the market potential for innovative and disruptive water technologies. We believe the technology presented by Crystal IS represents one of the strongest opportunities in the technical space in the next five to 10 years, and are excited about the potential for LEDs in the market, particularly within the water space. UV LEDs represent one of the top five potentially disruptive water technologies, with the global UV water disinfection market worth $1.1 billion. UV LEDs have the potential to disrupt this market and access market share, and equally importantly, to open up new applications and markets previously inaccessible to conventional UV lamp technology," stated Paul O'Callaghan, CEO of BlueTech Research.
Crystal IS reported record outputs of greater than 60mW for its UVC LEDs earlier this year. As part of this award, Crystal IS will have the opportunity to showcase its products in the 2013 WEFTEC Innovation Pavilion at the conference in Chicago, Illinois, this October.
