Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : OILS - OTCBB: bringing stranded natural gas to market -- Ignore unavailable to you. Want to Upgrade?

To: johnlag who wrote (257)	4/6/2000 11:23:00 AM
From: Salt'n'Peppa	Read Replies (1) \| Respond to of 275

April 6, 2000: Synergy Receives French Patent for Heavy Oil Upgrading Technology /FROM PR NEWSWIRE NEW YORK 800-776-8090/ TO BUSINESS AND ENERGY EDITORS: Synergy Receives French Patent for Heavy Oil Upgrading Technology CALGARY, Alberta, April 6 /PRNewswire/ -- Synergy Technologies Corp. (OTC Bulletin Board: OILS) announced today it has received a French patent for the company's proprietary CPJ technology for conversion of heavy oils into more valuable lighter oils. The patent, assigned to Synergy subsidiary Carbon Resources Limited, establishes Synergy's exclusive rights to the CPJ process in France and protects the filing date for all other countries in which the company is applying for a CPJ patent. U.S. and other international patent applications for CPJ are in progress. A U.S. patent for CPJ could be awarded this year, said the company. Today's patent award follows the receipt, announced in February, of two U.S. patents for the company's other leading technology, SynGen, which converts natural gas into clean burning liquid fuels and assorted industrial products. CPJ utilizes a thermal shock to split the long hydrocarbon molecules comprising heavy oil, forming lighter oils. Based on testing completed last year at Synergy's facility in Orleans, France, the technology is believed to offer up to 70 percent savings over all competing heavy to light oil conversion technologies. <24> The CPJ pilot plant located at the company's Calgary research facility The CPJ pilot plant located at the company's Calgary research facility will commence testing April 10th, 2000. Once initial tests have been completed, Synergy will commence demonstrations of the technology to potential licensees and joint venture partners immediately thereafter. Synergy Technologies Corporation is a research and development company with a focus on bringing new, energy-related technologies to market.