Regenesis was formed to develop and commercialize its first product, Oxygen Release Compound (ORC®). This unique formulation of phosphate - intercalated magnesium peroxide was the first of its kind to provide controlled release oxygen and was specifically designed for the in situ treatment of aerobically degradable, petroleum hydrocarbon contamination. Following extensive laboratory and field testing, ORC was successfully introduced to the groundwater remediation market in the spring of 1995. This new, low-cost and in-place treatment approach quickly expanded as a replacement technology for expensive, above-ground, mechanical pump and treat systems. Since then, Regenesis has gone on to develop a host of other new methods to treat contaminated land.