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Solucorp Granted Patent for Its IFS Mercury Emission Control Technology
Monday, November 10, 2008
West Nyack, NY -- Solucorp Industries Ltd. has been granted a patent for its Integrated Fixation System (IFS) Mercury Emissions Control technology from the U.S. Patent and Trademark Office (USPTO). U.S. Patent No. 7,407,602 for the application and use of the IFS technology expires on March 24, 2026. IFS has been successfully demonstrated at live coal fired energy plants to effectively reduce both ionic and elemental mercury emissions from flue gases and is exclusively marketed by CoaLogix (www.scr-tech.com) under the trade name MetalliFix. All of the IFS technologies contain Solucorp's patented Molecular Bonding System (MBS) heavy metals remediation technology that reacts with and permanently remediates all hazardous heavy metals including mercury.
"This current patent, along with the previously granted patents for IFS applications, gives Solucorp important intellectual property protection as we begin to commercialize the IFS technology into the market. Mercury emissions are one of the biggest environmental problems facing the world today. Our IFS technology has already been successfully demonstrated at several coal fired energy plants and efforts are underway for the commercialization and use of the technology in the coal generated power industry. IFS is a cost effective and proven, permanent solution for dealing with the mercury emissions problem," stated Noel E. Spindler, President of Solucorp's Integrated Fixation System subsidiary.
About Solucorp Industries Ltd.
Solucorp Industries Ltd., (www.solucorpltd.com) is a developer and provider of cost effective, permanent technologies for the remediation and prevention of hazardous heavy metal (including lead, mercury, arsenic, chromium, copper, zinc, nickel, selenium and cadmium) contamination. Solucorp is the owner of several patents and numerous additional patents that are pending. Solucorp Industries Ltd. has three wholly owned subsidiaries: Solucorp Industries, Integrated Fixation System Company, Inc., and WITS, Inc.
The foregoing discussion contains forward-looking statements, which are based on current expectations. Actual results, including the outcome of demonstration results, timing and amount of revenues recognized, contracts awarded and performed and net income may differ due to such factors as: delays in payment on contracts due to dealings with governmental and foreign entities; fluctuations in operating costs associated with changes in project specifications; economic and other conditions affecting the ability of prospective clients to finance projects; and other risks generally affecting the financing of projects. Investors are cautioned to perform a proper due diligence and consult-licensed professionals prior to making an investment decision.
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