Tekcapital plc Notice of Allowance for 2nd Crackle-baked Patent (6746N)
28 October 2016 - 5:00PM
UK Regulatory
TIDMTEK
RNS Number : 6746N
Tekcapital plc
28 October 2016
This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no. 596/2014 ("MAR")
Tekcapital plc
("Tekcapital")
Notice of Allowance for Second Crackle-baked(R) Patent
Application
Tekcapital plc (AIM: TEK), an international provider of
technology and intellectual property services, is pleased to
announce that it has received the Notice of Allowance for a second
patent application relating to the Crackle-baked(R) process from
the United States Patent and Trademark Office.
This second patent (U.S. Patent Application Serial No.
14/962,823) is expected to be issued shortly and will be
exclusively licensed to Tekcapital from the University of Arkansas
under the existing exclusive license agreement, as announced on 27
January 2015.
The Directors believe that Crackle-baked(R) process has the
potential to enable consumers who enjoy fried foods to benefit from
a healthier diet by consuming baked food that has the taste,
texture and appearance of fried food, but with a much lower fat
concentration. The Board believes that improving the nutritional
content of widely consumed fried foods in particular, is an
important focus for food companies worldwide.
Commenting on the announcement, Dr. Clifford M. Gross, Executive
Chairman of Tekcapital, said: "We are very pleased to announce the
receipt of the Notice of Allowance on the second Crackle-baked(R)
patent application, which strengthens our IP position. We are
actively working to consummate a license agreement for this process
technology and look forward to updating the market in due
course."
For further information, please contact:
Tekcapital Plc +1 305 200 3450
Clifford M. Gross info@tekcapital.com
Allenby Capital Limited (Nominated
Adviser & Joint Broker) +44 (0)20 3328 5656
Jeremy Porter / Alex Brearley
Optiva Securities Limited (Joint +44 (0) 20 3137
Broker) 1904
Jeremy King / Vishal Balasingham jeremy.king@optivasecurities.com
+44 (0) 20 7933
Walbrook PR Ltd 8780
Paul Cornelius / Paul McManus
/ Helen Cresswell tekcapital@walbrookpr.com
Tekcapital plc - The World's Largest University Network for Open
Innovation
Tekcapital helps clients profit from new, university-developed
intellectual properties. With our proprietary discovery search
engine, linked to 4,000+ universities in 160 countries, coupled
with expert scientific review, we provide a turn-key service to
make it easy for clients to find and acquire the IP, analytics and
technology transfer professionals they need to create a competitive
advantage. Tekcapital plc is listed on the AIM market of the London
Stock Exchange (AIM: symbol TEK) and is headquartered in Oxford, in
the UK. For more information, please visit www.tekcapital.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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