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Camber Energy’s Patented Waste Treatment Technology Achieves Significant Testing Milestone

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Camber Energy (NYSE American:CEI) has announced a significant milestone for its patented medical waste treatment technology. The company's VKIN-300 model, which uses ozone for waste treatment, has successfully demonstrated compliance with French Standard NFX 30-503-2, considered one of the world's strictest standards for waste decontamination equipment.

The tests were conducted in April 2024 at Camber's facility in Edmonton, Alberta, by EC-EFRES, a leading healthcare laboratory consulting firm. According to EC-EFRES, the VKIN-300 is the first large capacity 'Ozone' disinfection system to meet this standard.

This achievement is expected to expand Camber Energy's distribution opportunities in France, Europe, Africa, and other parts of the world. The company's distributor, BOX O3 International SA, plans to deliver the VKIN-300 unit to France for official certification and subsequent delivery to a waste-processing customer.

Camber Energy (NYSE American:CEI) ha annunciato un traguardo significativo per la sua tecnologia brevettata di trattamento dei rifiuti medici. Il modello VKIN-300 dell'azienda, che utilizza ozono per il trattamento dei rifiuti, ha dimostrato con successo di conformarsi alla Norma Francese NFX 30-503-2, considerata uno degli standard più rigorosi al mondo per le attrezzature di decontaminazione dei rifiuti.

I test sono stati effettuati ad aprile 2024 presso l’impianto di Camber a Edmonton, Alberta, da EC-EFRES, una rinomata società di consulenza per laboratori sanitari. Secondo EC-EFRES, il VKIN-300 è il primo sistema di disinfezione di grande capacità 'Ozone' a soddisfare questo standard.

Questo risultato dovrebbe espandere le opportunità di distribuzione di Camber Energy in Francia, Europa, Africa e altre parti del mondo. Il distributore dell'azienda, BOX O3 International SA, prevede di consegnare l'unità VKIN-300 in Francia per la certificazione ufficiale e la successiva consegna a un cliente di trattamento dei rifiuti.

Camber Energy (NYSE American:CEI) ha anunciado un hito significativo para su tecnología patentada de tratamiento de residuos médicos. El modelo VKIN-300 de la compañía, que utiliza ozono para el tratamiento de residuos, ha demostrado con éxito su cumplimiento con la Norma Francesa NFX 30-503-2, considerada uno de los estándares más estrictos del mundo para equipos de descontaminación de residuos.

Las pruebas se llevaron a cabo en abril de 2024 en la instalación de Camber en Edmonton, Alberta, por EC-EFRES, una destacada firma de consultoría de laboratorios en el sector de la salud. Según EC-EFRES, el VKIN-300 es el primer sistema de desinfección de gran capacidad 'Ozone' en cumplir con este estándar.

Este logro se espera que amplíe las oportunidades de distribución de Camber Energy en Francia, Europa, África y otras partes del mundo. El distribuidor de la compañía, BOX O3 International SA, planea entregar la unidad VKIN-300 a Francia para la certificación oficial y posterior entrega a un cliente de procesamiento de residuos.

Camber Energy (NYSE American:CEI)는 자사 특허의 의료 폐기물 처리 기술에 대한 중요한 이정표를 발표했습니다. 폐기물 처리를 위해 오존을 사용하는 회사의 VKIN-300 모델이 세계에서 가장 엄격한 폐기물 탈균화 장비 기준 중 하나로 간주되는 프랑스 기준 NFX 30-503-2을 성공적으로 충족했음을 입증했습니다.

시험은 2024년 4월 앨버타주 에드먼턴에 있는 Camber의 시설에서 의료 분야 컨설팅 회사인 EC-EFRES에 의해 실시되었습니다. EC-EFRES에 따르면, VKIN-300은 이 기준을 충족하는 첫 번째 대용량 '오존' 소독 시스템입니다.

이 성과는 Camber Energy의 프랑스, 유럽, 아프리카 및 기타 지역의 유통 기회를 확장할 것으로 기대됩니다. 회사의 유통업체인 BOX O3 International SA는 VKIN-300 장치를 프랑스에 공식 인증을 위해 전달한 후 폐기물 처리 고객에게 인도할 계획입니다.

Camber Energy (NYSE American:CEI) a annoncé une étape importante pour sa technologie brevetée de traitement des déchets médicaux. Le modèle VKIN-300 de l'entreprise, qui utilise de l'ozone pour le traitement des déchets, a réussi à démontrer sa conformité à la norme française NFX 30-503-2, considérée comme l'une des normes les plus strictes au monde en matière d'équipements de décontamination des déchets.

Les essais ont été réalisés en avril 2024 dans les installations de Camber à Edmonton, Alberta, par EC-EFRES, un cabinet de conseil de premier plan pour les laboratoires de santé. Selon EC-EFRES, le VKIN-300 est le premier système de désinfection à grande capacité 'Ozone' à répondre à cette norme.

Cette réalisation devrait élargir les opportunités de distribution de Camber Energy en France, en Europe, en Afrique et dans d'autres régions du monde. Le distributeur de l'entreprise, BOX O3 International SA, prévoit de livrer l'unité VKIN-300 en France pour certification officielle et livraison ultérieure à un client de traitement de déchets.

Camber Energy (NYSE American:CEI) hat einen bedeutenden Meilenstein für seine patentierte Technologie zur Behandlung von medizinischen Abfällen angekündigt. Das VKIN-300-Modell des Unternehmens, das Ozon zur Abfallbehandlung verwendet, hat erfolgreich die Einhaltung des französischen Standards NFX 30-503-2 nachgewiesen, der als eines der strengsten Standards der Welt für Geräte zur Rückführung von Abfällen gilt.

Die Tests wurden im April 2024 in der Anlage von Camber in Edmonton, Alberta, von EC-EFRES, einem führenden Beratungsunternehmen für Gesundheitslabore, durchgeführt. Laut EC-EFRES ist das VKIN-300 das erste Großanlagen 'Ozon'-Desinfektionssystem, das diesen Standard erfüllt.

Dieser Erfolg wird voraussichtlich die Vertriebsmöglichkeiten von Camber Energy in Frankreich, Europa, Afrika und anderen Teilen der Welt erweitern. Der Distributor des Unternehmens, BOX O3 International SA, plant, die VKIN-300 Einheit nach Frankreich zur offiziellen Zertifizierung zu liefern und anschließend an einen Kunden für die Abfallverarbeitung zu übergeben.

Positive
  • Camber Energy's VKIN-300 waste treatment unit demonstrated compliance with one of the world's strictest standards (NFX 30-503-2)
  • The VKIN-300 is the first large capacity 'Ozone' disinfection system to meet this standard
  • Successful testing results are expected to expand distribution opportunities in Europe, Africa, and other global markets
Negative
  • None.

Camber Energy's successful testing of its VKIN-300 medical waste treatment unit marks a significant milestone in the company's technological advancement. The unit's compliance with the French Standard NFX 30-503-2, known for its stringent requirements, positions Camber at the forefront of medical waste management innovation.

The VKIN-300's unique ozone-based disinfection system represents a departure from traditional methods, potentially offering advantages in terms of environmental impact and operational efficiency. This breakthrough could disrupt the $20 billion global medical waste management market, which is projected to grow at a CAGR of 5.4% through 2028.

However, investors should consider several factors:

  • Market adoption rates for new medical waste technologies can be slow due to regulatory hurdles and established practices.
  • The economic viability of the VKIN-300 compared to existing solutions remains to be seen, as pricing and operational costs have not been disclosed.
  • While the French certification is promising, global expansion will require navigating diverse regulatory landscapes.

Overall, this development enhances Camber Energy's competitive position in the medical waste management sector, potentially opening doors to new markets and partnerships. The true impact on the company's financial performance will depend on successful commercialization and market penetration strategies.

The VKIN-300's compliance with French Standard NFX 30-503-2 is a notable achievement in the realm of medical waste treatment. This standard is renowned for its rigor, often surpassing requirements in other jurisdictions. Key implications include:

  • Enhanced market access: Meeting this standard could facilitate entry into markets that prioritize stringent environmental and safety regulations.
  • Competitive advantage: As the first large-capacity ozone disinfection system to meet this standard, Camber gains a unique selling proposition.
  • Potential for regulatory influence: Success with this standard could impact future regulatory developments in other regions, potentially favoring Camber's technology.

However, it's important to note that compliance does not guarantee commercial success. Factors such as cost-effectiveness, operational efficiency and compatibility with existing waste management infrastructure will play significant roles in market adoption.

Furthermore, while the ozone-based system may offer environmental benefits, a comprehensive life-cycle assessment would be necessary to fully understand its ecological impact compared to alternative technologies. This could be a critical factor for environmentally conscious markets and may influence future regulatory standards.

Investors should monitor how Camber leverages this achievement to secure contracts and partnerships, particularly in regions with strict environmental regulations. The company's ability to scale production and provide ongoing support will be important for capitalizing on this technological advantage.

Results Indicate CEI's "Ozone" Waste Treatment System Meets World's Strictest Testing Standards (NFX 30-503)

HOUSTON, TX / ACCESSWIRE / July 29, 2024 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") is pleased to announce that results from specialized testing of the Company's patented medical waste treatment unit using ozone, specifically its VKIN-300 model, demonstrate the unit will comply with French Standard NFX 30-503-2, which is regarded as one of the world's strictest standards for waste decontamination equipment.

The results, received in mid-July, 2024, were in connection with tests performed on the VKIN-300 model in April of this year at the Company's facility in Edmonton, Alberta. The tests were carried out by representatives of EC-EFRES, a leading healthcare laboratory consulting firm based in Aubière, France that specializes in, among other things, testing procedures for infectious waste-treatment machines intended for use in France and other countries. According to representatives of EC-EFRES, the VKIN-300 is the first large capacity "Ozone" disinfection system that will attain this standard.

Erwin Herren, a representative of BOX O3 International SA, one of the Company's existing distributors, commented, "This is a critical milestone. We are extremely pleased with the results and look forward to the VKIN-300 unit being delivered to France so we can take next steps to obtain official French certification and deliver the unit to one of our waste-processing customers. These results will expand our distribution opportunities in France, elsewhere in Europe and Africa, and also advance the manufacturer's initiatives in other parts of the world."

About Viking Ozone Technology

Viking Ozone Technology, LLC ("Viking Ozone"), a majority-owned subsidiary of Camber Energy, Inc., offers a cleaner, safer and more sustainable alternative for waste treatment, and its system is a more environmentally friendly and cost-effective alternative to incineration, chemical treatment, autoclave and heat treatments for regulated medical waste and bio-hazardous waste. Viking Ozone's system reduces the amount of energy required to process waste, which conserves resources, lowers operating costs and reduces greenhouse gas emissions, resulting in a cleaner, safer environment. The modular design and low profile allow for multiple configurations and savings for civil work at the site.

To learn more about Viking Ozone please visit https://vkin-ozone.com/.

About Camber Energy, Inc.

For more information, please visit the company's website at www.camber.energy.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are "forward-looking statements", which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the oil and gas industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in Camber's filings with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.

Camber cautions that the foregoing list of important factors is not complete, any forward-looking statement speaks only as of the date on which such statement is made, and Camber does not undertake to update any forward-looking statements that it may make, whether as a result of new information, future events or otherwise, except as required by applicable law. All subsequent written and oral forward-looking statements attributable to Camber or any person acting its behalf are expressly qualified in their entirety by the cautionary statements referenced above.

Contact Information
Investors and Media:
Tel. 281.404.4387

SOURCE: Camber Energy, Inc.



View the original press release on accesswire.com

FAQ

What milestone did Camber Energy (CEI) achieve with its waste treatment technology?

Camber Energy's VKIN-300 model demonstrated compliance with French Standard NFX 30-503-2, one of the world's strictest standards for waste decontamination equipment.

When and where were the tests on Camber Energy's (CEI) VKIN-300 model conducted?

The tests were conducted in April 2024 at Camber Energy's facility in Edmonton, Alberta.

Who performed the tests on Camber Energy's (CEI) waste treatment unit?

The tests were carried out by representatives of EC-EFRES, a leading healthcare laboratory consulting firm based in Aubière, France.

How might the test results impact Camber Energy's (CEI) business opportunities?

The successful test results are expected to expand Camber Energy's distribution opportunities in France, Europe, Africa, and other parts of the world.

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