Signet International Holdings, Inc. (SIGN) Announc
Post# of 40
11:52 am ET April 3, 2019 (BusinessWire)
"We acquired all rights to this invention," says Ernest W. Letiziano, CEO SIGN. "It provides a compact magnetic-based battery device that offers: a large number of cycles a long storage time and an instant charging time. We call it: 'InCharge' This is truly a complete and independent unit... In and of Itself."
Increased reliance on technology-based solutions has necessitated growth in the area of rechargeable batteries. Battery markets have significantly grown in recent decades, and advancements in computing, portable and wearable-sensor applications, including the recent surge of electric vehicle sales. In 2018, battery sales exceeded $65.1 Billion US dollars. One of the most essential obstacles, which limits modern applications of rechargeable batteries is their slow recharging time.
Inventors, Dr Khizroev and Dr. Guduru, reported that experimental analyses have shown that InCharge energy pack can be tailored to provide fabrication methods that will adjust to industry scale. All sizes and shapes can be modified to accommodate industries' concerns for mass production.
"The future is bright for Signet and our shareholders," says Letiziano. "Imagine, not being burdened with the trivial task of patiently waiting while charging a cell phone or even an electric automobile. It's encouraging to be receiving inquiries from multinationals. We anticipate funding from those men and women who choose to transcend beyond the safe blue-chip way of thinking; insightful investors taking an informative risk and seeing our potential."
Signet is a Public Company trading (otc) "SIGN;. Headquarters since 1985 at:205 Worth Avenue, Suite #316 Palm Beach, FL. 33480 Phone: 561- 832-2000
Forward-Looking Safe Harbor Statement: This press release contains statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Fforward-looking statements and forecasts involve ris ks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. A number of factors could cause actual results and developments to differ materially. These risks and uncertainties include product demand, market competition, delays in website development, and risks inherent in our operations. Please see our filings with the Securities and Exchange Commission. Our SEC filings with the are available from commercial document retrieval services www.sec.gov
View source version on businesswire.com: https://www.businesswire.com/news/home/20190403005682/en/
SOURCE: Signet International Holdings, Inc.
Ernie Letiziano, 561-832-2000
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