HyPower Fuel Files Additional Biodiesel Patents to Protect Its Green Technology
28 April 2009 - 10:47PM
Marketwired
HyPower Fuel Inc. (PINKSHEETS: HYPF) today announced that it has
filed for patent pending status in numerous additional countries to
protect its novel, waterless biodiesel production process. The
patent protection is being pursued in order to allow HyPower to
formalize and execute its comprehensive worldwide sales and
marketing strategy for the process.
HyPower has filed for patent protection in all primary biodiesel
producing countries including South Korea, Malaysia, China,
Indonesia, India, Canada, United States of America, Brazil, Croatia
and Europe. The protection sought under the European Patent
Cooperation Treaty is unique in that it potentially covers multiple
countries in the European Union. Translation of patents into a
number of languages is being undertaken as part of the patent
application process.
"Given the increasing awareness of HyPower's unique biodiesel
process and the high degree of interest shown in our technology
around the world, securing adequate patent protection has become a
priority," stated Mr. Douglas Bender, CEO of HyPower Fuel. "We now
feel much more confident in being able to share critical,
confidential information with potential purchasers."
With the patent application process substantially complete,
HyPower announces that Robert Donick has left the company as an
advisor and consultant to further his other business interests.
About the HyPower Biofuel Process
The HyPower Biofuel process is a "next generation" biodiesel
technology that has a number of competitive advantages over
conventional biodiesel production methods. The HyPower process uses
essentially no catalysts or water to produce biodiesel. All inputs
are recovered or converted to saleable products. The capital and
operating costs and the environmental footprint of the process
should also be significantly less than conventional methods of
biodiesel production.
About HyPower Fuel Inc.
HyPower Fuel Inc. is a category leading company in the energy
technology sector, focusing on providing innovative, clean
alternative energies through unique methods. Currently HyPower has
hydrogen insertion and production technologies and biodiesel
production technologies in development and/or in the product
commercialization stage. For more information please visit:
www.hypowerfuel.com
Safe Harbor
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy securities of HyPower Fuel Inc.
Certain statements in this release and other written or oral
statements made by or on behalf of the Company are "forward-looking
statements" within the meaning of the federal securities laws.
Statements regarding future events and developments and our future
performance, as well as management's expectations, beliefs, plans,
estimates or projections relating to the future are forward-looking
statements within the meaning of these laws. The forward-looking
statements are subject to a number of risks and uncertainties. The
actual results the Company achieves may differ materially from any
forward-looking statements due to these risks and uncertainties.
These statements are based on our current expectations and speak
only as of the date of such statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of future events, new information or
otherwise.
Investor Relations: Taylor Capitol, Inc. Stephen Taylor
973-351-3868 Email Contact
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