|By PR Newswire||
|February 13, 2014 07:01 AM EST||
Outstanding Shares: 79,687,836
QUEBEC CITY, Feb. 13, 2014 /PRNewswire/ - CO2 Solutions Inc. (TSX-V: CST), an innovator in the field of enzyme-enabled carbon capture technology, today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for its patent application entitled Methods And Formulations Using Carbonic Anhydrase And Reaction Compound Combinations.
"This patent will add to CO2 Solutions' already robust U.S. patent portfolio and will further limit any competitors from conducting R&D or operating enzymatic carbon capture processes with various absorbent solutions such as those based on carbonates, amines and amino acids, without first obtaining our consent to do so," said Glenn Kelly, President & CEO.
Upon issuance the patent will provide CO2 Solutions with further broaden exclusivity in the important U.S. market for the use of the enzyme carbonic anhydrase in any form for carbon capture, including with potassium carbonate and sodium carbonate absorbent solutions. Industrial applications of the patent are expected to include CO2 capture from coal and gas-fired power generation, metals production, natural gas treatment and oil refining, among others.
About CO2 Solutions Inc.
CO2 Solutions is an innovator in the field of enzyme-enabled carbon capture and has been actively working to develop and commercialize the technology for stationary sources of carbon pollution. CO2 Solutions' technology lowers the cost barrier to Carbon Capture, Sequestration and Utilization (CCSU), positioning it as a viable CO2 mitigation tool, as well as enabling industry to derive profitable new products from these emissions. CO2 Solutions has built an extensive patent portfolio covering the use of carbonic anhydrase, or analogues thereof, for the efficient post‐combustion capture of carbon dioxide with low‐energy aqueous solvents. Further information can be found at www.co2solutions.com.
CO2 Solutions Forward-looking Statements
Certain statements in this news release may be forward-looking. These statements relate to future events or CO2 Solutions' future economic performance and reflect the current assumptions and expectations of management. Certain unknown factors may affect the events, economic performance and results of operations described herein. CO2 Solutions undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE CO2 Solutions Inc.