Instant Simulated Wine Aging?

The Times of London has a news article on a Japanese chemical engineer that has developed a machine that he claims can simulated the effect of aging on wine in a 15 second process. The article says he has been working on it for 15 years and will have a commercial version ready in January that will be capable of processing four liters per minute. The process uses electrolysis and a patented ion exchange membrane. The process is said to cause a rapid rearrangement of the hydrogen and oxygen atoms around the alcohol molecules, which is suppose to simulate aging.

Apparently some wineries are looking at the process. The only winery mentioned by name in the article is Robert Mondavi. The article does not say that Mondavi is planning to use the process, only that they are evaluating it. The article includes some wine tasting notes for some wines before and after processing.

Is this the next big step in better wine making through chemistry? Time will tell, but for now I'm still keeping my wine cellar.