OriginOil Granted Patent in Japan for its Core Extraction Invention, Files Latest Aquaculture Application
Japanese recognition follows Australia's for company's pioneering Single Step Extraction™ invention; invention pace quickens with new aquaculture application
LOS ANGELES--(BUSINESS WIRE)-- OriginOil, Inc. (OTCQB: OOIL), developer of Electro Water Separation™ (EWS), a breakthrough water cleanup technology for oil & gas, algae and other water-intensive industries, announced today that it has received its second international patent for its algae harvesting technology from the Japan Patent Office.
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 issued as patent number 5284536 in Japan (see image) for a term of 20 years beginning in 2010.
The invention was previously issued as patent 2010239380 in Australia (see image) for the same term. The application has also been published by the European Patent Office (EPO) under the Patent Cooperation Treaty (PCT).
"This was when we first learned how to process algae for downstream applications, and we continue to be impressed with its continued 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."
Separately, the company filed for patent protection of a technology entitled "Removing Ammonia From Water," for reducing or eliminating ammonia from water using a series of reaction tubes. This technology has application to continuous aquaculture and human sewage water treatment.
"I'm very pleased with the team's work on this application," said Nicholas Eckelberry, co-founder and chief inventor. "Jose Sanchez and Andrew Davies richly deserve to be co-inventors. With this team, I feel sure that we will continue to invent solidly in our area of utility."
OriginOil is currently prosecuting a total of 31 patent applications, of which 13 have been filed as international applications. For more information, please go to http://www.originoil.com/technology/intellectual-property.html.
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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.
OriginOil granted patent in Japan for its core extraction invention, files latest aquaculture application and Japanese recognition follows Australia's for company's pioneering Single Step Extraction™ invention; invention pace quickens with new aquaculture application
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