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ICM, Inc. Announces Contract with Western New York Energy LLC on Purchase of its Selective Milling Technology (SMT)™


Full-Scale Commercial Installation Includes Technology License Fee, Equipment & Installation

(Colwich, Kan. – August 16, 2012) – ICM is pleased to announce that Western New York Energy (WNYE) LLC has purchased its Selective Milling Technology (SMT)™ which includes the license fee, equipment and installation of ICM’s platform technology.

Mike Sawyer, Executive Vice President and Chief Financial Officer of WNYE stated, “As a locally-owned company, we strive every day to fulfill our mission of developing the full potential of Western New York’s renewable energy resources, utilizing industry best practices, and achieving the highest ethical standards to work with our community and business partners. Over the course of our collaboration, ICM has been a reliable partner. From providing their oil recovery solution last year, to giving us ample information to make decisions on both Selective Milling Technology™ and CO2 Scrubber Bottoms Ethanol Recovery this year, ICM continues to identify opportunities for us and facilitates the necessary steps to achieve them.”

ICM President Chris Mitchell said, “We’re thrilled to continue our collaborative relationship with WNYE by delivering innovative products from our platform technology package. We firmly believe in positioning our customers to fundamentally benefit from our new technologies in the development pipeline, and we will continue delivering value-added product streams to the renewable energy industry.”

About ICM, Inc.: Established in 1995 and headquartered in Colwich, Kan., ICM, Inc., provides innovative technologies, solutions, and services to sustain agriculture and advance renewable energy, including food and feed technologies that will increase the supply of world protein. By providing proprietary process technology to 102 facilities with a combined production capacity of approximately 6.8 billion gallons of annual ethanol production, ICM has become a world leader in biorefining technology. The full-service provider also offers a comprehensive line of more than 100 products and services tailored to make biofuels production more efficient and more profitable. ICM is further upholding its responsibility as an industry leader by heavily investing in the continued advancement of renewable energy technologies. In an effort to speed that advance, ICM has been conducting research and testing at its state-of-the-art research facility in St. Joseph, MO, in conjunction with a growing list of strategic partners spanning multiple industries. For more information, please visit icminc.com.

 

FOR IMMEDIATE RELEASE
 
Contact:
Monique Garcia, ICM, Inc.
316-977-6508/316-239-8152 (Cell)