FAIRPORT HARBOR, Ohio–OurPet’s Company (OTCQX: OPCO) today highlights its partnership with Paulee Cleantec Ltd., an international leader in eco-friendly solutions for the management of human and animal waste, as a viable catalyst of major innovative solutions to the environmental concerns of pet waste management.
Israel-based Paulee Cleantec applies its patented exothermic oxidization technology to address the challenges of global waste management. The partnership between OurPet’s Company and Paulee Cleantec leverages both companies’ innovations to contribute to a cleaner, healthier and more sustainable society as they work to commercialize and expand the application of an initial dog waste product.
According to American Pet Products Association (APPA) statistics, there are approximately 175 million companion dogs and cats in the United States, and over 650 million dogs and cats worldwide. Due to the humanization of pets and the unconditional social support they provide their owners, the pet population is expected to continue to grow, as will the amount of waste they produce.
These increases contribute to significant environmental concern, as the pet waste problem has already reached serious proportions. In the U.S., companion dogs produce roughly 10 million tons of waste per year (enough to fill a line of tractor-trailers from Seattle to Boston), while the cat population results in about 2 million tons of litter sent to landfills annually.
Improperly disposed pet waste can contaminate underground water levels, lakes and streams and greatly affects the environmental quality and eco-balance. Pet waste carries a host of serious diseases, and studies show that up to 30 percent of the bacteria in water samples and up to 50 percent of the bacteria in air samples originates from dog waste. Due to the seriousness of the problem, an increasing number of municipalities are imposing stiff fines against irresponsible pet owners who do not properly clean up after their pet.
OurPet’s Company’s proprietary, innovative pet waste management solutions directly address these concerns. Its line of products includes manual and semiautomatic cat litter boxes; pet waste accessories such as scoops, litter bags and sprays, and natural cat litter; and automatic litter boxes that incorporate Bluetooth/WiFi technology to better manage the waste activity and monitor the pet’s elimination behavior, a prelude to more serious health issues.
The Company has over 170 patents issued or pending, many related to pet waste management. In tandem with Paulee Cleantec’s clean-tech solutions, OurPet’s recognizes considerable opportunity to address the environmental impacts of pet waste.
“Paulee Cleantec is pioneering efficient pet and human waste management. The company has developed a proof-of-concept patented, portable, safe and inexpensive waste system that uses an exothermic oxidation process to convert animal feces into an odor-free ash fertilizer in less than a minute. OurPet’s and Paulee Cleantec will work together to commercialize an initial, portable dog waste product and apply the technology to other pet waste applications,” says Dr. Steven Tsengas, chairman, CEO and founder of OurPet’s Company.
Dr. Oded Halperin, founder and chairman of Paulee Cleantec, also notes the advantages of the collaboration.
“We are very pleased to partner with OurPet’s and realize the potential of our technology. We look forward to applying our expertise to the partnership, as OurPet’s has the innovative technology, the marketing/sales channels and most of all the strong entrepreneurial drive to bring our mission to success,” he says.
About OurPet’s Company
OurPet’s Company designs, produces and markets a broad line of innovative, high-quality accessory and consumable pet products in the U.S. and overseas. Investors and customers may visit www.ourpets.com for more information about our company and its products. OurPet’s websites include www.petzonebrand.com and www.ourpets.com.
Certain of the matters set forth in this press release are forward-looking and involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially are the following: business conditions; growth in the industry; general economic conditions; addition or loss of significant customers; the loss of key personnel; product development; competition; risks of doing business abroad; foreign government regulations; fluctuations in foreign currency rates; rising costs for raw materials and sources of supply that may be limited or unavailable from time to time; the timing of orders booked; and the other risks that are described from time to time in OurPet’s SEC reports.
Dr. Steven Tsengas, CEO
(440) 343-6500, x111