Third country to protect core technology also used for company’s
frack water cleanup technology
Company Website:
http://www.originoil.com
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:
originoil, originoil inc, ooil, single step extraction, electro water
separation, origin oil, flow back produced water, frack, clean-frac,
algae appliance, Riggs Eckelberry, Nicholas Eckelberry, Jean-Louis
Kindler, invest algae, Frack and Produced Water Cleanup System, new oil,
algae oil, renewable oil, algae biofuel, chemical free process algae,
algae commercialization, algae harvesting, renewable crude oil, algae
extraction, Oil Services, patent applications, China Patent Office
Contacts:
Press Contact:
Antenna Group – a Beckerman Company
Jerry
Schranz
201-465-8020
jerry@antennagroup.com
or
Investor
Relations OriginOil:
Tom Becker
Toll-free:
877-999-OOIL (6645) Ext. 3
International: +1-323-939-6645 Ext. 3
Fax:
323-315-2301
ir@originoil.com
www.originoil.com
Source: OriginOil Inc.
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