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STWA Ups Intellectual Property Portfolio to 41 Patents Issued and Pending
Patents in 20 Countries Fortify Company's Position to Support in Global Commercial Implementation
SANTA BARBARA, CA -- (MARKETWIRE) -- 12/05/12 -- STWA, Inc. (OTCBB: ZERO) ("STWA" or the "Company"), a developer of applied solutions for oil and fuel delivery systems in the multi-billion dollar oil pipeline and diesel engine markets , today announced that it continues to build its intellectual property (IP) portfolio surrounding its corporate assets.
STWA has increased its IP portfolio to include 41 patents issued and pending that protect its products across 20 countries, based on technologies licensed exclusively from Temple University.
The Company has the exclusive worldwide rights to these patents. The Company works with Temple University to conduct research led by the university's world-renowned physicist, Dr. Rongjia Tao and his team to pursue additional advancements to the Company's exclusively licensed oil pipeline technology through collaborative R&D between STWA and Temple University.
Temple's Director of Technology Development and Commercialization, Stephen Nappi commented, "As Applied Oil Technology™ (AOT™) advances toward commercial launch, patent protection continues to fortify our position in the marketplace. With STWA's continued investment in intellectual property protection, the patent portfolio has grown to 41 pending and issued patents that extend internationally to 20 countries that represent the largest markets for these technologies ."
STWA CEO, Cecil Bond Kyte, stated, "We have invested in our R&D process and it has resulted in significant and valuable intellectual property assets. As we are now in commercial implementation discussions for AOT™ with several companies, our IP portfolio becomes a critical asset that strengthens our position both domestically and abroad. We have worked productively with Temple in a convergent relationship that has brought together the strengths of the University's research and science expertise with our private sector, commercial agility to bring forward an energy industry technology that is truly revolutionary."
STWA Ups Intellectual Property Portfolio to 41 Patents Issued and Pending
Patents in 20 Countries Fortify Company's Position to Support in Global Commercial Implementation
SANTA BARBARA, CA -- (MARKETWIRE) -- 12/05/12 -- STWA, Inc. (OTCBB: ZERO) ("STWA" or the "Company"), a developer of applied solutions for oil and fuel delivery systems in the multi-billion dollar oil pipeline and diesel engine markets , today announced that it continues to build its intellectual property (IP) portfolio surrounding its corporate assets.
STWA has increased its IP portfolio to include 41 patents issued and pending that protect its products across 20 countries, based on technologies licensed exclusively from Temple University.
The Company has the exclusive worldwide rights to these patents. The Company works with Temple University to conduct research led by the university's world-renowned physicist, Dr. Rongjia Tao and his team to pursue additional advancements to the Company's exclusively licensed oil pipeline technology through collaborative R&D between STWA and Temple University.
Temple's Director of Technology Development and Commercialization, Stephen Nappi commented, "As Applied Oil Technology™ (AOT™) advances toward commercial launch, patent protection continues to fortify our position in the marketplace. With STWA's continued investment in intellectual property protection, the patent portfolio has grown to 41 pending and issued patents that extend internationally to 20 countries that represent the largest markets for these technologies ."
STWA CEO, Cecil Bond Kyte, stated, "We have invested in our R&D process and it has resulted in significant and valuable intellectual property assets. As we are now in commercial implementation discussions for AOT™ with several companies, our IP portfolio becomes a critical asset that strengthens our position both domestically and abroad. We have worked productively with Temple in a convergent relationship that has brought together the strengths of the University's research and science expertise with our private sector, commercial agility to bring forward an energy industry technology that is truly revolutionary."
