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NG1 Technologies wins Grand Prize; receiving $200K in cash and services

Money_rgbOLIVE BRANCH — The Cleantech Open Southeast says regional finalist NG1 Technologies of Olive Branch has been recognized as the 2014 Cleantech Open National Accelerator Grand Prize Winner.

NG1 Technologies will receive a cash and in-kind services prize worth $200,000.

NG1 Technologies was recognized for its innovation and improvements to the retrofit exhaust system found on Class 8 tractor-trailers. The developments have resulted in double-digit fuel savings, advancing torque and reducing emissions for diesel engines. The NG1 TechFlo Exhaust is also the fastest way to decrease PM emissions of aftermarket trucks and diesel engines without having to change supply chain, according to CleanTech Open.

“Participating in the Cleantech Open Southeast has accelerated our business by enabling us to make new connections with potential investors and exchange ideas with other entrepreneurs,” said Cynthia O’Donnell, chief executive officer, NG1 Technologies. “Many of the ideas, technologies, and projects in the Cleantech Open community can work synergistically together to solve climate challenges. The contacts and notoriety truly provide a unique opportunity for our Mississippi-based start-up.”

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