Los Angeles, CA, June 10, 2009 --(PR.com
)-- At a private event Saturday evening in Topanga Canyon, members of the Sustainable Now Technologies company gathered to celebrate SNT’s official incorporation.
Eric Woolery, Chief Executive Officer at SNT, gave a brief summation of the company’s first year goals and commented on the state of green technology. “This is an exciting time for our generation, and for the technology sector in general. We have the opportunity to lead the green energy movement by creating a viable diversified energy market right here in California.”
Currently, California uses only 4% alternative energy in its transportation fuel consumption. In January 2007, Governor Schwarzenegger asserted California’s leadership in clean energy and environmental policy by establishing a Low-Carbon Fuel Standard (LCFS) by Executive Order. Transportation accounts for more than 40% of California’s annual greenhouse gas (GHG) emmisions and the state relies on petroleum-based fuels for 96% of its transportation needs. Woolery states, “California ranks 12th largest in the world in regards to its greenhouse-gas emissions. Because of this, SNT believes California has the potential to build a fuel economy that is not reliant on the petroleum monopoly for its transportation needs. The future fuel economy of California is not one fuel, but an array of fuels with Algae SVU leading the way.”
A privately held company, Sustainable Now Technologies has until recently served as an independent research and development laboratory, with its primary focus placed on the development of industrialized algae bio-reactors. With news of the company’s incorporation, SNT plans to acquire patents on several of its prototypes, and move forward into production in 2010.
SNT’s Chief Operations Officer, Nathan Morrison, was excited for the future of the company. “With the current push to bring sustainable technologies to the market in virtually every industry, SNT is offering real answers,” Morrison said. “Our technologies are designed not only to re-purpose existing materials, but to provide freedom to the independent consumer, both from their current dependence on non-sustainable fuels, and from the market forces that control those fuels.”
Sustainable Now Technologies was founded in 2009 by the members of Steven Shigematsu’s ‘Green Machines Labs’ Research & Development Team. SNT was established in memory of Shigematsu, who passed in late 2008, with its primary mission being the continuing exploration of Shigematsu’s ‘Algae to Bio-Diesel’ design theories.
SNT’s Research & Development Lab is located in Long Beach, CA. Home offices for SNT are located in Los Angeles, CA. For further information on SNT and their technologies, please visit: http://www.SustainableNowTechnologies.com