"Outlast
Technologies Inc. is one of only four companies being inducted
in 2005, adding
to the elite group of 48 already in the Hall of Fame. "
Tuesday / January 6, 2009
Outlast Technologies, inc. Named to the "Space Technology Hall of Fame"
(continued)
The company stays close to its NASA roots. In 2002, Outlast received
accreditation as a Certified Space Technology from the Space Foundation,
a national non-profit based in Colorado Spring, Colorado that advocates
for the civil, commercial and national security space industry.
In April 2005, Outlast’s Smart Fabric Technology™ was
inducted into the Space Technology Hall of Fame at a gala dinner
attended by more than 1,000 industry insiders.
Space Foundation President & Chief Executive Officer Elliot
G. Pulham said, "Our 2005 Hall of Fame inductees represent
space technologies that save lives, and improve the quality
of life for thousands of people on a daily basis. They are
great examples of why what we do in space matters on earth."
“This is not only an honor for Outlast Technologies
Inc.,” said CEO George Cattermole, “but an honor
for all the individuals and companies that have helped commercialize
our technology on a global scale. We’re very proud to
be a member of the Space Technology Hall of Fame.”
The Space Foundation, in cooperation with NASA, established
the Space Technology Hall of Fame in 1988 to honor the innovators
who have transformed space technology into commercial products,
to increase public awareness of the benefits of space technology,
and to encourage further innovation. Outlast Technologies Inc.
is one of only four companies being inducted in 2005, adding
to the elite group of 48 already in the Hall of Fame.
Ed Payne and Bernie Perry, founders of Outlast Technologies,
were Individual Inductees into the Space Technology Hall of
Fame. Individual Commendation Awardees, for those that brought
the technology to the market, include Martin Bentz, Managing
Director of Outlast Europe, Roland Cox, Acordis Acrylic Fibers,
Andrew Bell, Global Product Manager Ciba, Monte Magill, V.P.
Business Development Outlast Technology.
Holland & Hart’s Kevin Crandell was also inducted
into the Space Technology Hall of Fame in recognition for the legal work
he did on behalf of Outlast. “ Kevin deserves it. Early
on in the game he did a tremendous amount of pro bono work
to get Outlast going.” said Cattermole.
Outlast sees its lawyers as an intergral part of the business. “With
Kevin’s understanding of the history and origins of our
company, and the importance of corporate governance, he has
successfully helped drive our business strategies ahead,” said
Cattermole.
“What’s next for Outlast? I think we will continue
to come out with new and innovative products. We’re working
on incorporating our material into like viscous fiber and polypropylene.
The emerging use is in places like Japan or Germany, where
the governments are looking at using phase change materials
in construction materials to save energy. During the day when
you have solar heat or warm temperatures outside, it would
absorb temperature with that energy, and then during the night
when it gets cooler, it gives it back. We have models that
show that they could cut energy costs up to 30%.”
George Cattermole stepped down as President and CEO of Outlast
on May 9, 2005, but remains on their Board of Directors facilitating
coordination between the Board and business operations. He
is replaced by Dr. Patrick Gruber as President & Chief
Executive Officer. Gruber comes from NatureWorks LLC (formerly
Cargill Dow LLC), where he was the Vice President and Chief
Technology Officer. As one of the founders, Gruber has served
in his position since the company’s inception in 1997.
Gruber has spent his career focused on the technology, business
development and commercialization of renewable resource based
products. Gruber has been the leader in the development of
lactic acid based polymers and products, in particular, NatureWorks™ PLA
and Ingeo™ Fibers. He is the recipient of numerous awards
in recognition of his work and accomplishments and holds 48
US patents.
