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iVoice Technology, Inc. Announces New Patent Application Filing for Vehicle Mud Flaps Made of Recycled Tires
Tuesday, May 20, 2008
Patent Supports Technology Underlying One of Company's ''Green'' Platforms
Matawan, NJ -- iVoice Technology, Inc. (OTC Bulletin Board: IVOT), announced today a new Patent Application filing for Vehicle Mud Flaps made of molded recycled tire rubber. The application supports one of the Company’s new "green" platforms. B Green Innovations, Inc., its wholly-owned subsidiary, is developing its "green" technology platforms. The new technology will be used to utilize rubber from recycled tires. Like other B Green technologies, this product removes environmentally harmful used tires and recycles the rubber to reduce raw material consumption. Recently, iVoice announced that it had filed a new Patent Application for a process it describes as "Recycled Tire Pod with Appliance Recess Guide." These new applications represent the beginning of many anticipated green technologies that is expected to emerge from B Green Innovations.
The invention relates generally to mud flaps for off road and road vehicles, including, but not limited to, automobiles, trucks, tractor-trailers, buses, motorcycles, ATVs, tractors, loaders, dune buggies, trikes and bikes. Specifically, the mud flap of the present invention, also known as mud guards, is formed of recycled, shredded and processed tires, and may include infrastructures, such as metal or plastic rebars or grids.
Since 1989, when only 10 percent of scrap tires were recycled or reused, the United States significantly increased its tire reclamation efforts to slightly more than 80 percent. However, the 55 million tires (19 percent) not reclaimed are being thrown into landfills or, even worse, disposed of illegally on roadsides and properties around the country. Perhaps you've driven by a tire graveyard, where hundreds or even thousands of tires create not only an eyesore but public health and safety hazards as well. Discarded tires are convenient breeding grounds for mosquitoes and rodents, which carry a host of diseases, including West Nile virus, encephalitis, dengue fever, and hanta virus. Tire piles attract children, who can injure themselves playing among them. Scrap tires in landfills can also damage the landfill linings that have been installed to help keep surface and groundwater free from landfill contaminants.
About iVoice Technology, Inc.
iVoice Technology, Inc., previously was a wholly owned subsidiary of iVoice, Inc. (OTCBB: IVOI) prior to the spin-off from iVoice that was completed in August 2005 as a special stock dividend distribution to iVoice shareholders. iVoice Technology, Inc, Inc. was incorporated in New Jersey on November 10, 2004 as a wholly owned subsidiary of iVoice, Inc. iVoice Technology, Inc. designs, manufactures, and markets innovative Interactive Voice Response (IVR) applications and computer telephony communications systems.
Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
For more information on iVoice, please visit http://www.ivoice.com.
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