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Quantum Acquires Unit for De-Icing Technology

February 23, 2001

The Quantum Group Inc. in Tustin said it acquired a unit of Utek Corp. that has been granted a license for de-icing technology invented by a Dartmouth College engineering professor. The acquisition of Utek's TDI subsidiary involved a stock swap. Financial details were not disclosed.

The subsidiary will commercialize the Dartmouth de-icing technology for such venues as roads, bridges, airport runways, playgrounds and sports facilities, Quantum said.

Quantum Group grinds up used automobile and truck tires and transforms them into tiles for playgrounds and basketball courts.

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