Technology >> CEO Interviews >> August 3, 1998

D. Dean Spatz – Osmonics Inc (osm)

D.DEAN SPATZ is the founder, Chairman and Chief Executive Officer of Osmonics, Inc., Minnetonka, Minnesota, 1969 to present. B.E. and Liberal Arts degree from Dartmouth College, 1966; Master of Engineering from Thayer School of Engineering, Dartmouth College, 1968. Native of Albuquerque, New Mexico. Mr. Spatz is a Registered Professional Chemical Engineer and member of the American Institute of Chemical Engineers, American Chemical Society, American Water Works Association, Water Quality Association, and American Society for Testing and Materials and is listed in 'Who's Who in Engineering.' He is also a member of the Board of Directors of Sigma-Aldrich Corporation, a Fortune 500 Company, and SI Technologies, Inc., both NASDAQ listed companies, the Minnesota High technology Council, and the Freshwater Foundation, and is active in the World Presidents' Organization. He is a periodic lecturer at Dartmouth College and at other institutions. Active in membrane technology since 1964, Mr. Spatz initially worked under contract with the Office of Saline Water, U.S. Department of the Interior to develop low pressure reverse osmosis membranes and equipment. In 1968, he was manager of engineering for Aqua Technology, Inc., an ion exchange and filter equipment manufacturer, and in 1969, founded Osmonics, Inc. to pioneer the commercial use of reverse osmosis (RO) and ultrafiltration (UF). Mr. Spatz has been awarded four U.S. patents and their related foreign patents in the reverse osmosis and ultrafiltration field. He is the author of 21 technical papers on heavy metal reclamation, industrial waste water treatment and food processing using membranes, as well as water purification for medical and industrial applications. In 1975, he received the Putnam Food Award for 'Sugar Reclamation System Using Reverse Osmosis;' and Mr. Spatz and Osmonics received the Chemical Equipment Energy Award, 1982, for a unique two-pass reverse osmosis system; and the Chemical Processing 'Vaaler Award,' 1984, for the development of a unique industrial diafiltration system. In 1991, Spatz was voted 'Minnesota's Entrepreneur of the Year' in high technology/medical field. Osmonics has been selected as one of 'Forbes' magazine's '200 Best Small Companies in America.' Mr. Spatz is a strong proponent of the use of membranes for industrial processing and water reuse. He has led the development of numerous different membranes for RO and UF and their application to waste treatment and water purification. He presently spends his time in marketing, general administration and development. In the last few years, Mr. Spatz has guided Osmonics in the acquisition of products and companies to further expand its business in fluid separation, fluid handling and fluid purification. Profile
TWST: Could you give us a brief summary, a bit of a historical or

background sketch on Osmonics and then bring us up to date, what do you

see over the next two to three years as the challenges and