United States Patent and Trademark Office Issues Building Turbines, Inc. an Additional New Patent on Its Rooftop Wind Turbine...
October 02 2012 - 9:18AM
Marketwired
In a follow-up to their 01/03/2012 press release, Building
Turbines, Inc. (PINKSHEETS: BLDW), a designer and manufacturer of
patented commercial rooftop wind turbine systems, issued a
statement today that The United States Patent and Trademark Office
(USPTO) issued a New Patent -- #8,257,020 -- in response to their
United States Patent Application #20090167025.
On September 4, 2012, the USPTO issued a New Patent --
#8,257,020 -- to Building Turbines, Inc. for ALL claims within
Building Turbines second patent application; #20090167025. The New
Patent expands on several important elements from the company's
first patent, and will the enhance efficiency, safety, life span,
and cost reductions in manufacturing, which are all key
considerations for the planned broad scale deployment of wind
turbine systems on commercial rooftops; such as office and retail
buildings and condominiums.
Building Turbines continues working closely with the Austin
Green Energy Group (AGEG), The University of Texas (UT) Engineering
Schools, along with other Texas Universities in Research and
Development studies to optimize the efficiency of the mechanical
and aerodynamic features of their turbine design, while focusing on
reducing production and installation costs. In the last joint
R&D study with UT four scale models were wind tested. The
results proved that power output could be greatly enhanced with
slight design modifications to the original turbine design, in
accordance to the latest patent.
"The goal of the Austin Green Energy Group was to increase power
output by at least 30%; the goal of reducing costs by 40% as well
may be accomplished in the current AGEG and University
collaborative R&D studies," said Bernie Johnson, AGEG President
& CEO. "Those results will be released in the near future."
"This is great news for Building Turbines, our investors, and
our shareholders," said John F. Graham Sr., CEO, Building Turbines,
Inc. "We couldn't be more pleased that the Patent Office has
allowed all 17 claims from the patent application, and we are
especially pleased with the work from our research teams and legal
counsel."
Mark L. Berrier, Patent Attorney and Intellectual Property
Counsel for Building Turbines added, "There is a great deal of
prior art in the renewable energy field, particularly relating to
wind energy. I am gratified that we were able to work with Building
Turbines to obtain a patent on their technology in this highly
competitive field."
The company has additional patents pending, and expects positive
results for those as well.
About Building Turbines, Inc.
Based in Austin, Texas, Building Turbines, Inc. is a renewable
energy company focused primarily on designing, manufacturing and
deploying revolutionary rooftop mounted horizontal-axis wind
turbines.
The foregoing press announcement contains forward-looking
statements that can be identified by such terminology such as
"believes," "expects," "potential," "plans," "suggests," "may,"
"should," "could," "intends," or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results
to be materially different from any future results, performance or
achievements expressed or implied by such statements. In
particular, management's expectations could be affected by, among
other things, uncertainties relating to our success in completing
acquisitions, financing our operations, entering into strategic
partnerships, engaging management and other matters disclosed by us
in our public filings from time to time. Forward-looking statements
speak only as to the date they are made. The Company does not
undertake to update forward-looking statements to reflect
circumstances or events that occur after the date the
forward-looking statements are made.
For more information: Website: www.buildingturbines.com E-mail:
Email Contact Investor Relations: Dave Zembek 615 426-2565
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