AuraSource Advances Its International Patent Application Portfolio for Its AuraCoal Technology
13 Aprile 2011 - 3:31PM
Marketwired
AuraSource, Inc. (OTCBB: ARAO), a developer
of hydrocarbon clean fuel technology, today announced that its
wholly owned subsidiary, AuraSource Qinzhou Co., Ltd., has advanced
its patent applications from provisional to international patent
applications (PCT) for four of its previous patent applications
filed with the State Intellectual Property Office of the People's
Republic of China. All major industrialized countries are members
of PCT.
The applications relate to a preparation method for ultra-fine
coal-water slurry product, a centrifugal jig device, a slurry
particles ultra-fine grinding device, and a centrifugal separation
device. These technologies are at the core of AuraSources' system
for ultra-fine particle separation. Specifically, they will be
utilized for industrial applications for clean coal preparation,
low-ranking coal upgrading, low-ranking coal based syngas
production, direct-reduced iron-making and mineral elements
separation.
Philip Liu, AuraSource's CEO, stated, "We intend to develop our
technology portfolio for ultra-fine material processing which will
be used in a multitude of industrial applications. Furthermore, we
will establish demonstration sites based on each application
through licensing or joint ventures."
About AuraSource
AuraSource focuses on clean energy technology development.
AuraSource develops and licenses the AuraFuel™ and AuraCoal™
processes. AuraSource is researching and developing other
technologies related to Hydrocarbon Clean Fuel ("HCF"). AuraSource
plans to sell and license products and services related to their
HCF technologies in China and the United States.
For more information about AuraSource, please visit
www.aurasourceinc.com.
SAFE HARBOR STATEMENT This Press Release
may contain certain forward-looking statements within the meaning
of the Securities Litigation Reform Act of 1995. AuraSource has
tried, whenever possible, to identify these forward-looking
statements using words such as "anticipates," "believes,"
"estimates," "expects," "plans," "intends," "potential" and similar
expressions. These statements reflect AuraSource's current beliefs
and are based upon information currently available to it.
Accordingly, such forward-looking statements involve known and
unknown risks, uncertainties and other factors which could cause
AuraSource's actual results, performance or achievements to differ
materially from those expressed in or implied by such statements.
AuraSource undertakes no obligation to update or provide advice in
the event of any change, addition or alteration to the information
catered in this Press Release including such forward-looking
statements.
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CONTACT: For Company Eric Stoppenhagen
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