CC Technologies Acquires MIST-
Multiphase Interactive Systems and Technologies, Inc.

08/21/03

Inline Separation System-Flow Inducer

MIST is an internationally known leader in the field of multiphase flow technologies for pipelines. Their expertise covers flow monitoring, flow improvement, in-line separation technology, and ultra-high-resolution ultrasound (UHRU) technology for measuring corrosion rate, internal film thickness, and flow characteristics. Dr. W. Paul Jepson founded MIST and will remain as Vice President of the Multiphase Systems (MIST) a Division of CC Technologies Laboratories, Inc.

Ultrasonic Monitoring System

MIST has two ongoing “Joint Industry Programs” – Flow Improvement and Corrosion and Solids Management. Other major projects include corrosion inhibition in wet gas pipelines, commercialization of an in-line multiphase separator, and corrosion and erosion rate monitoring by non-intrusive ultrasound technology.

Equipment capabilities at MIST include two 4-inch diameter pipe multiphase flow systems. These systems allow for pressures up to 1,000 psig, gas velocities up to 40 m/s, liquid velocities up to 5 m/s, and solids capability. MIST will maintain its current facilities in Orlando, Florida housed in a 7,000-ft² laboratory-office facility.

Dr. Neil Thompson, CEO of CC Technologies, states – “CC Technologies is extremely pleased that Dr. Jepson and the entire MIST staff has joined the CC Technologies team. MIST expands our current capabilities in the oil and gas production area, clearly establishing our leadership in that particular business sector to go along with our leadership in oil and gas transmission business sector.” He further says: “CC Technologies is a world leader in integrity management of pipelines and facilities; the MIST acquisition is a significant part of our strategic plan to extend that leadership role into all aspects of the oil and gas sector.”

In addition to its recognized leadership position in pipeline integrity technology, the MIST acquisition also expands on CC Technologies lead in corrosion science in North America and the world. CC Technologies, with a staff of over 100 employees, now has 17 Ph.D. scientists and 7 M.S. research engineers focusing on materials degradation issues including metals, non-metals, and coatings in fields ranging from pipelines to medical prostheses to aging aircraft to reformer tubes.

Learn more about the Inline Separation System

Learn more about the Ultrasonic Monitoring System

Visit the MIST website at http://www.misteng.com