NOVAPHOS INC.
FORT MEADE, FLORIDA

Company Background JDC is a private company founded in 2008 by the late Dr. Joseph Megy based on proprietary process technology he developed (the Improved Hard Process). The company is headquartered in Fort Meade, Florida. In 2010 Minemakers Ltd., (an Australian mine development company) saw the potential of the Improved Hard Process for one of their projects and they became JDC’s cornerstone investor with a $1 million investment. Between 2010 & 2014, the company received $39 million in investment from strategic and financial investors including Vulcan Phosphates, Mitsui, Florida Opportunity Fund, Espirito Santo Ventures, Minemakers, and the Megy Family. JDC has designed and constructed a demonstration plant to validate the performance of the Improved Hard Process in intermediate scale operations. The essential features of the IHP technology have now been demonstrated and the company is focusing on further validation at scale and at sufficient operating intervals (semi-continuous) to move it forward to commercialization. The company has an active collaboration with Metso (a full-service, global engineering service contractor and equipment supplier with $4 billion in annual revenue) to provide equipment and performance assurances for a full size, commercialized IHP plant. The company is committed to the ongoing invention, development, and maintenance of its intellectual property. JDCPhosphate, Inc. is focused on applying advanced technology to the production of phosphate products for agriculture and industry in a sustainable and environmentally effective manner. JDC has assembled creative talent in science, business and engineering to commercialize the Improved Hard Process (IHP) as a manifestation of its vision. JDCPhosphate, Inc. is focused on applying advanced technology to the production of phosphate products for agriculture and industry in a sustainable and environmentally effective manner. JDC has assembled creative talent in science, business and engineering to commercialize the Improved Hard Process (IHP) as a manifestation of its vision.