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I have looked into this treatment a bit. Apparently it really works. The demo at this year's CES show was a treated phone on display in a fish tank full of water for the duration of the show.
From what I hear, the actual treatment costs pennies and involves coating the electronic components with some sort of a waterproof film. When this treatment is purchased from the this company the phone has to be disassembled, coated and reassembled thus the high cost. Eventually we could see some manufacturers using this process during product assembly and offering waterproof devices fresh from the factory.
Bob
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