Cavitation Technologies, Inc. Granted Another Patent by United States Patent and Trademark Office
16 Dec 2014
LOS ANGELES, Dec. 16, 2014 - Cavitation Technologies, Inc. ("CTi") (CVAT) (Berlin: Stuttgart: WTC) announced today that the Company's U.S. Patent Application, entitled 'Flow-Through Cavitation-Assisted Rapid Modification of Crude Oil' was approved by the United States Patent and Trademark Office (USTPO).
This patent relates to the controlled formation of cavitation bubbles that serve as autonomous chemical mini-reactors and use the energy released during implosion of these bubbles to rapidly alter complex hydrocarbon mixtures. Based on the results of thorough testing, the Company's proprietary technology of petroleum upgrading was proven to be capable of breaking down asphaltene agglomerates, improving both the viscosity and API gravity for a prolonged period of time, reducing pumping and atomization costs, facilitating hydrocarbon cracking and increasing the refining yields of petroleum. Refineries and plants dealing with processing petroleum-derived products may experience additional benefits through the implementation of CTi's newly patented process.
"Our Flow-Through Cavitation Assisted process presents crude oil refineries with the opportunity to maximize yields while reducing associated liabilities and operational costs," stated Roman Gordon, CTO of Cavitation Technologies, Inc.
This is the sixth patent that has been added to CTi's intellectual property portfolio over the past few years. These newly-issued U.S. patents include the following:
"The issuance of these patents continues to validate the innovative nature of our platform technology and the proprietary methods we use to produce our products. CTi now has a total of 14 patents either issued or pending permit included in the Company's intellectual property. Furthermore, we expect additional patent issuances in 2015 which will further strengthen our broad patent portfolio," concluded Mr. Gordon.
Founded in 2007, the company designs and manufactures state-of-the-art, flow-through, robust devices and systems and develops processing technologies for use in edible oil refining, renewable fuel production, expeditious petroleum upgrading, algal oil extraction, alcoholic beverage enhancement and water treatment. As an add-on to existing neutralization systems, the company's patented Nano-Reactor(R) allows refiners to significantly reduce both processing costs and the environmental impact, while also increasing the yield. More information is available at http://www.ctinanotech.com/.
The foregoing press release may contain forward-looking statements, including statements regarding, among other things, about the expectation of CTI's future business. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors including, among others, the state of the economy, the competitive environment, and the Company's performance. In light of these risks and uncertainties, there can be no assurances that the forward looking statements contained in this press release will in fact transpire or prove to be accurate.