Mouli Cohen Excited About Green Technology Award

New York, NY, January 15, 2010 – Removing paint from ships and oil platforms is hazardous to the environment and to operators. A new Norwegian technology virtually “peels” off paint instead of using sandblasting or high-pressure water blasting. This is accomplished in a fraction of the time and is so environmentally friendly that the company RPR Technologies was awarded as the Best Cleantech Company in the Eurecan European Venture Awards.

RPR Technologies won the Best Cleantech Company award at the recent Eurecan European Venture Awards contest in Barcelona, Spain. RPR has invested a new technology for removing paint and corrosion from steel surfaces that is significantly cleaner for the environment than traditional paint removal methods. The RPR machines use a patented process with induction heat to remove paint from steel that is not only cleaner, but also safer for operators and significantly faster than competitive methods. The RPR process creates no harmful waste byproducts and allows operators to work quickly, cleanly, and safely.

Clean tech investor and entrepreneur Mouli Cohen announced today his excitement about the award and the new technology.

“Being selected as the top cleantech early-stage company in Europe is a huge honor for RPR. In these times of global financial crisis, it is important that the good young companies get help and assistance in order to grow,” Cohen said. “Not only is the product good for the environment, but it also allows users to be more competitive financially. I believe that the market for ship and offshore repairs will actually increase in light of the current economic conditions and this technology can help protect industry jobs in countries where labor costs are high.”

About Mouli Cohen
Mr. Cohen is a successful entrepreneur who has founded and developed successful ventures in the biotechnology, high technology, digital media and entertainment sectors. He has balanced his success in business with extensive philanthropic activities. Over the years he has supported children’s charities, food programs, medical research, and the arts as well as education projects both in the US and abroad.

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