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SEFE Inc. Receives Patent for Dynamic Electrical Converter System
Monday, April 09, 2012
Scottsdale, AZ -- SEFE, Inc. (“SEFE”) (“The Company”), a technology and solutions-driven sustainability company, announced today that it is the recipient of U.S. Patent #8,102,078 issued by the United States Patent and Trademark Office (USPTO) for a “Dynamic Electrical Converter System.” The patent was filed on September 4, 2008. The Company believes that this issuance further establishes SEFE as the owner of foundational atmospheric energy technology.
In layman’s terms, the dynamic electrical converter system receives the variable voltage collected by the Harmony III airborne unit from static electricity in the atmosphere, and converts it into a usable electrical configuration. The system includes a monitor to check the incoming voltage as well as multiple converters, each of which can accept a unique range of voltages and create the desired electrical output.
“We have worked diligently, with the help of our engineering and scientific teams, to develop sound intellectual property around our Harmony III product,” said Michael Hurowitz, SEFE Director of Engineering. “The issuance by the USPTO validates the unique nature of our company and the approaches we are taking to solve real-world energy problems. We believe additional coverage of the space will be awarded to SEFE in the near term, and will continue to add to the inventions.”
“This issuance provides further validation of our company’s core technology and increases our patent claims in key new areas for our business,” said Don Johnston, Chief Executive Officer of SEFE, Inc. “The USPTO again recognizes SEFE’s first position and our contribution to the field of atmospheric technology. This issuance is a long-awaited milestone in the development of our foundational intellectual property portfolio, and a victory for our company and its shareholders. The new patent should make a significant contribution to the overall valuation of our portfolio.”
About SEFE, Inc.
SEFE focuses on pushing the boundaries of what’s possible, embracing innovation and employing the cutting-edge to solve problems, and offering sustainable solutions to a world hungry for invention, direction and leadership. SEFE is technology- and solutions-driven, focusing on developing inventions that provide a real-world impact and true profitability. So, success is measured by both a sustainable return on investment, as well as a project’s sustainability from an environmental perspective. For more information, visit www.SEFElectric.com.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
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