User:Cullen328/sandbox/E Cat 2

Proposed language
On January 24, 2014, Cherokee Investment Partners through its startup Industrial Heat LLC acquired the intellectual property and licensing rights to Rossi’s E-Cat. J. T. Vaughn, manager of Industrial Heat LL, and founder of Cherokee McDonough Challenge (an accelerator for environmental startups), noted that performance validation tests were conducted in the presence of their staff and validated by an independent expert before the rights were purchased.

Terms of the deal were not announced, but a US Securities filing reported that $11.6 million has been invested in the firm. Vaughn said the firm is most interested in making the technology more widely available to universities, non-governmental organizations, and industry partnerships to further its development.

Press release
RESEARCH TRIANGLE, N.C., Jan. 24, 2014 /PRNewswire-USNewswire/ -- Industrial Heat, LLC announced today that it has acquired the rights to Andrea Rossi's Italian low energy nuclear reaction (LENR) technology, the Energy Catalyzer (E-Cat). A primary goal of the company is to make the technology widely available, because of its potential impact on air pollution and carbon dioxide emissions from burning fossil fuels and biomass.

"The world needs a new, clean and efficient energy source. Such a technology would raise the standard of living in developing countries and reduce the environmental impact of producing energy," said JT Vaughn speaking on behalf of Industrial Heat (IH).

Mr. Vaughn confirmed IH acquired the intellectual property and licensing rights to Rossi's LENR device after an independent committee of European scientists conducted two multi-day tests at Rossi's facilities in Italy.

The published report by the European committee concluded, "Even by the most conservative assumptions as to the errors in the measurements, the result is still one order of magnitude greater than conventional energy sources" [referring to energy output per unit of mass]. The report is available online at http://arxiv.org/abs/1305.3913. In addition, performance validation tests were conducted in the presence of IH personnel and certified by an independent expert.

Since acquiring Rossi's technology, IH has engaged in a broad-based effort to protect it by preparing numerous patent applications related to the core technology as well as associated designs and uses.

Tom Darden, who co-founded Cherokee Investment Partners, a series of private equity funds specializing in cleaning up pollution, is a founding investor in Industrial Heat. He is one of a small group of like-minded investors who are supporting this technology because it could significantly address a number of social and environmental challenges. They have committed to make it broadly available because of its potential for impact. IH is considering partnerships with industry participants, universities and NGO's to ensure the technology is developed in a thoughtful and responsible manner.

JT Vaughn manages Industrial Heat. He is the founder of Cherokee McDonough Challenge, an accelerator for environmental startups, and a leader in the startup community in the Research Triangle.

Companies or organizations interested in partnering with Industrial Heat should reach out to JT Vaughn at info@industrialheat.co.

Comparisons
I have been accused of being part of a cabal. If that is true, then I have not noticed my invitations to the cabal meetings, where I am sure the finest wines and hors d'oeuvre are served. Please forward those invitations to my email address. I love that kind of stuff and it seems like I have been missing out, much to my chagrin.

Here is a comparison to the language that the OP has proposed to add to the encyclopedia, alongside language from the press release issued by the company in question.

Proposed encyclopedia language:

"Industrial Heat LLC acquired the intellectual property and licensing rights to Rossi’s E-Cat."

Corresponding press release language:

"Industrial Heat, LLC announced today that it has acquired the rights to Andrea Rossi's Italian low energy nuclear reaction (LENR) technology, the Energy Catalyzer (E-Cat)."

Proposed encyclopedia language: "J. T. Vaughn, manager of Industrial Heat LL, and founder of Cherokee McDonough Challenge (an accelerator for environmental startups), noted that performance validation tests were conducted in the presence of their staff and validated by an independent expert before the rights were purchased."

Corresponding press release language:

Mr. Vaughn confirmed IH acquired the intellectual property and licensing rights to Rossi's LENR device after an independent committee of European scientists conducted two multi-day tests at Rossi's facilities in Italy.

The published report by the European committee concluded, "Even by the most conservative assumptions as to the errors in the measurements, the result is still one order of magnitude greater than conventional energy sources" [referring to energy output per unit of mass]. The report is available online at http://arxiv.org/abs/1305.3913. In addition, performance validation tests were conducted in the presence of IH personnel and certified by an independent expert.

..and later "JT Vaughn manages Industrial Heat. He is the founder of Cherokee McDonough Challenge, an accelerator for environmental startups, and a leader in the startup community in the Research Triangle.""

Proposed encyclopedia language:

" Vaughn said the firm is most interested in making the technology more widely available to universities, non-governmental organizations, and industry partnerships to further its development."

Corresponding press release language:

"They have committed to make it broadly available because of its potential for impact. IH is considering partnerships with industry participants, universities and NGO's to ensure the technology is developed in a thoughtful and responsible manner".

This is not neutral encyclopedia writing, but rather overly close paraphrasing of a non-neutral promotional press release issued by the investing company. If this is neutral encyclopedia writing, then someone should code a "Press release rewrite bot" to automate the process.