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The company, AB Technology Cambridge Ltd. of Cambridge, England, beat out seven other entrants in the “Strongest Link” Business Plan competition for technology companies organized by the Fairfax County Economic Development Authority (FCEDA) and eIncubator.
AB Technology’s Gaslok™ product is an electronic sensor designed to detect small levels of gas charge depletion in air conditioning and refrigeration systems, to help minimize expensive and wasteful losses. The company twice received the Smart Award and financial assistance from the British Department of Trade and Industry. The University of Cambridge has also assisted the company.
Benefits that the firm will receive include:
“We wanted an entrant whose technology and vision would represent the best of what British business has to offer, and AB Technology fits that description as the strongest link,” said Gerald L. Gordon, Ph.D., president and ceo of the FCEDA.
“Gaslok provides an early warning that is at least 15 times earlier than anything comparable on the global market,” Peall proclaimed. “The benefits for the small shopkeeper with a single refrigeration unit, to hotels, to large supermarket chains could be huge. Environmental considerations are significant as well.”
For more information on eIncubator, visit www.eincubator.net. For more information on the Fairfax County Economic Development Authority, visit www.FairfaxCountyEDA.org.
Publication date: 10/02/2001