LOS ANGELES--(BUSINESS WIRE)--OriginOil Inc. (OTC/QB: OOIL), developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of water, today announced that it has received its third international patent for its core technology from the China Patent Office.
“This is a core patent for us, the invention of our unique Single Step Extraction™ (SSE) tubes, which remove oils and organics effectively,” said Nicholas Eckelberry, OriginOil co-founder and Chief Research Officer. “SSE has become the first step of EWS, which is showing outstanding results in the oil and gas, algae, and waste cleanup industries.”
On 26 August 2014, the State Intellectual Property Office of the People’s Republic of China issued a Notification on the Grant of Patent Right for Invention. The invention, titled “Systems, apparatus and methods of obtaining intracellular products and cellular mass and debris from algae and derivative products and process of use thereof,” was previously issued as patent number 5284536 in Japan (see image) and previously issued as patent 2010239380 in Australia (see image). The application has also been published by the European Patent Office (EPO) under the Patent Cooperation Treaty (PCT).
“The timing of this grant is outstanding,” said Jean-Louis “JL” Kindler, OriginOil’s Chief Commercial Officer. “China is ramping up its fracking activities, and also placing a high priority on cleaning up its water. We believe they need our technology, and this patent will help our partners adopt our technology while providing protection.”
“We continue to be impressed with this patent’s relevance in all applications needing removal of organic particles from large amounts of water, including oil and gas,” said Riggs Eckelberry, OriginOil’s CEO. “We have 19 active supporting patent applications in this area alone, and this remains a very solid foundation.”
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About OriginOil Inc.
OriginOil has developed a breakthrough water cleanup technology for the oil & gas, algae and other water-intensive industries. Unlike other technologies, the company's patent-pending Electro Water Separation™ process rapidly and efficiently removes organic material from large quantities of water without the need for chemicals. For the oil & gas industry, OriginOil is helping clean up produced water and recycle fracking water, to reduce harm to the environment and lower costs. For the emerging algae industry, OriginOil is making large-scale harvest possible. And in aquaculture, OriginOil is helping improve yields and making seafood healthier by dramatically reducing the levels of toxic ammonia and bacteria in water. For a world short on clean water, OriginOil is the lower-cost and cleaner answer. To learn more about OriginOil®, please visit our website at www.originoil.com.
OriginOil Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Abstract:
OriginOil granted patent in China for its core extraction invention; third country to protect core technology also used for company’s frack water cleanup technology
Key Words:
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