Xogen secures first US patent for its hydrogen technology
CALGARY, Alberta --
Tathacus Resources Ltd. (TTC:CDNX) reports that the United States
Patent and Trademark Office (USPTO) today granted to Xogen Power
Inc. ("Xogen") patent number 6,126,794. The patent, which covers
37 claims, protects Xogen's hydrogen generator technology and
excludes others from making, using, or selling the invention
throughout the United States or importing the invention into the
United States.
Xogen CEO, John Grove and Chief Science Officer, Stephen Chambers
stated, "We are extremely pleased to have received approval of
our first patent application. The final granting of the patent
strengthens Xogen's ability to provide a revenue stream for its
shareholders including Tathacus. Revenues will be generated by
licensing the technology to other companies for a wide variety of
important uses."
Tathacus currently owns 20 percent of Xogen, a private advanced
fuel technology company. The two companies are also partners in
a joint venture to commercialize the technology's home and
commercial heating applications.
"Tathacus is very pleased by the news," said Barrie Shibley,
Tathacus CEO. "Xogen has also advised us that it's pursuing an
aggressive program to expand the protection for its breakthrough
technology through additional US and international patent
applications. In the meantime, we are working with Chambers and
the Xogen science team to finish building a hydrogen burning
prototype home furnace for the joint venture."
Tathacus is a Calgary-based energy company. Through its wholly
owned subsidiary, Crucero Resources, Tathacus is positioned to
optimize and grow its oil and gas assets that currently provide
the company with a solid revenue stream. Through its recent
acquisition of twenty percent of Xogen, and an existing home and
commercial heating joint venture between the companies, Tathacus
is the only publicly traded company with an ownership interest in
Xogen's exciting new hydrogen generation technology.
The Canadian Venture Exchange Inc. has not reviewed and does not
accept responsibility for the adequacy or accuracy of this
release. For more information please contact:
Leigh Clarke
Tathacus Resources Ltd.
ir@tathacus.ca
www.Tathacus.ca
Phone: (403) 251 9233
Fax:(403) 251 9244 |
