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Environmental Solutions Worldwide Inc (ESWW)
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Environmental Solutions Worldwide Inc., a Florida corporation was formed in 1987 as BBC Stock Market, Inc. Subsequently it changed its name to Environmental Solutions Worldwide, Inc. It is a developer of diesel emissions technology solutions, advancing emissions reduction technology by commercializing proprietary catalytic emission conversion, control and support products and technologies. The Company focuses on the medium duty and heavy duty diesel engine market for on-road and off-road vehicles as well as the utility engine, mining, marine, locomotive and military industries. It offers engine and after treatment emissions verification testing and certification services. The Company operates through four wholly owned subsidiaries, ESW America Inc., Technology Fabricators Inc., ESW Canada Inc. and ESW Technologies Inc. ESW America Inc. operates the Company emissions testing services division. Technology Fabricators Inc. serves as a fabrication, substrate and ThermaCat system manufacturing facility. ESW Canada Inc. houses the Company's Canadian operations including research and development for its catalytic product lines. ESW Technologies Inc. holds the Company's intellectual property, and/or rights to the same. The Company's technology solutions include THERMACAT Active Diesel Particulate Filter, which is an advanced Level III+ technology that provides the flexibility and pre-retrofit usability that makes the ThermaCat a seamless retrofit device for its end-users; XTRMCAT, is an innovative proprietary diesel oxidation catalyst designed for Electro Motive Diesel (EMD) turbocharged and roots blown engine systems; STLTHCAT, incorporates the Company's proprietary catalyzed wire mesh substrate integrated into an advanced sound abatement system. Its competitors include Engine Control Systems, Donaldson, DCL, Hug, Huss, Miratech, South West Research Institute, Intertek, Olson-Eco Logic and California Environmental Engineering. The primary raw materials used to manufacture ESW's catalyst products include, but are not limited to stainless steel, stainless steel wire, stainless steel tubing, precious metals such as platinum and palladium, particulate filters and other electronic and mechanical components. The Company's customers consist of established distributors focused on the emissions retrofit space and OEM engine manufacturers for the Air Testing business.