Centaurus Diamond Technologies Provides Review of Its Patents, Including Its Apparatus for Machining and Semiconductor Devices
19 Luglio 2012 - 1:00PM
Marketwired
Centaurus Diamond Technologies Inc. (the "Company"
or "Centaurus") (OTCBB: CTDT) (OTCQB: CTDT) is pleased to
provide a review of its patents.
US Patent 7,854,823 entitled, "Synthesis of Diamond by
Extraction of a Pulse Derived from the Abrupt Collapse of a
Magnetic Field", was issued on December 21, 2010. This technology
is a process for converting carbonaceous material into diamond,
utilizing the compressive force derived from an abruptly collapsing
magnetic field.
The Company conducted a series of tests before the technology
was perfected to the point of a patent application. In 2006, a
sample "cultured" diamond was sent to the Gemological Institute of
America (GIA). The resultant report #14882271 confirmed the
synthetic source as diamond after resubmission by an independent
outside consultant.
Patent Number 5,254,237 entitled, "Plasma Arc Apparatus for
Producing Diamond Semiconductor Devices", was issued on October 19,
1993.
The above developments led to the negotiations and execution of
operator consultations, lease of equipment (without tooling) and
use of facilities currently available in Rhode Island. The
Centaurus team conducted a plant visit to Tabco Products Inc. on
June 25 - 27, 2012 and signed an agreement on July 17, 2012 to
commence Centaurus' diamond production process.
Centaurus' goal is to produce diamonds that have multiple
industrial applications that can be used in machining and cutting
tools, as thermal conductors for high power laser diodes and high
power transistors. They can also be used as optical material to
replace zinc selenide and as the output window of high power CO2
lasers and gyrotrons. Industrial diamonds are predominately used
for their hardness and thermal conductivity, possessing four times
the conductivity of copper. The gemological characteristics of
gem-quality diamonds, such as clarity and color are largely
irrelevant. That is why 80 percent of diamonds mined every year, or
more than 100 million carats, are not suited for use in jewelry and
are channeled for industrial use.
The diverse number of uses for synthetic diamonds presents an
immense and exciting opportunity for us at Centaurus and we look
forward to development of our patented process.
The Gemological Institute of America (GIA) is the world's
foremost authority on diamonds, colored stones and pearls. GIA
exists to protect all purchasers of gemstones, by providing the
education, laboratory services, research and instruments needed to
accurately and objectively determine gemstone quality. For more
information on the GIA visit http://www.gia.edu
About Centaurus Diamond Technologies
Centaurus has been established to fully commercialize its
proprietary, cost-efficient and high-volume diamond production
method to provide industrial quality diamonds. The Company's
patented technology enables the production of "cultured" diamonds
that are chemically, atomically and structurally identical to
natural diamonds. The Gemological Institute of America has tested
the Company's "cultured" diamonds and has confirmed they are
diamonds according to their testing protocols.
Safe Harbor Statement This press release
may contain certain "forward-looking statements" relating to the
business of Centaurus Diamond Technologies, Inc. and its subsidiary
companies. All statements, other than statements of historical fact
included herein are "forward-looking statements." These
forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects" or
similar expressions, involve known and unknown risks and
uncertainties. Although the Company believes that the expectations
reflected in these forward-looking statements are reasonable, they
do involve assumptions, risks and uncertainties, and these
expectations may prove to be incorrect. Investors should not place
undue reliance on these forward-looking statements, which speak
only as of the date of this press release. The Company's actual
results could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including those discussed in the Company's periodic reports that
are filed with the Securities and Exchange Commission and available
on its website at http://www.sec.gov. All forward-looking
statements attributable to the Company or persons acting on its
behalf are expressly qualified in their entirety by these factors.
Other than as required under the securities laws, the Company does
not assume a duty to update these forward-looking statements.
For further information, please contact: American Capital
Ventures Tel: 1-305-918-7000
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