SNM Global Holdings Commissions IP Audit and Patent Protection Strategy to Leverage $12.5 Million IP Acquisition and Foundation
August 04 2010 - 11:18AM
Marketwired
SNM Global Holdings (PINKSHEETS: SNMN) announced today that, as an
integral part of its recently announced IP acquisition strategy, it
is to commission Patent & Intellectual Property Attorneys to
assess its growing Intellectual Property portfolio and secure
necessary filings and Patent protections.
The Company has moved quickly to implement its recently
announced operations, new business strategy and business plan,
including its pioneering MicroTechnology Transfer Program (mt2) and
MicroEquity Partner Program.
The Company has recently the announced the signing Letter of
Intent to acquire a controlling interest in Live Clean Solutions,
LLC (LCS), an developer, manufacturer and distributor of innovative
enzyme products produced through its proprietary fermentation
technology and procedures as its entrée into the $4.9 Billion
Fermentation Chemical Industry.
Last month, the Company signed a $12,500,000 Intellectual
Property (IP) Transfer Agreement with EQ-ip Equities (EQ-ip) under
which the Company acquires, for development and international
distribution, core Small & Micro Hydro technology from the
EQ-ip extensive Intellectual Property Portfolio, valued at
currently valued in excess of $49,000,000.
Both transactions, purchased through an equity-building issuance
of Preferred Stock that will create no debt for the Company, have
significantly increased the Company's IP asset base and income
projections.
These newly acquired technologies and/or technology groups will
be integrated into the appropriate stage of the Company's
MicroTechnology Transfer (mt2) Program and MicroEquity Partner
Program; and will be introduced into SNM Global's distribution
network for emerging market insertion and introduction. The Company
has assembled experienced cross-functional teams to guide each
innovation acquisition, technological adaptation and system
integration through the required steps to successful
commercialization.
SNM Global's MicroTechnology Transfer (mt2) Program and
MicroEquity Partner Program enable the acquisition, development,
and transfer of technologies that will provide for the betterment
of society and provide the catalyst for emerging markets to
leapfrog into the sustainable sectors that will drive the
twenty-first century.
The company believes its new and enhanced operational plan will
provide significant revenue, equity growth, and serve the
betterment of emerging economies.
SNM Global's MicroTechnology Transfer (mt2) Program is designed
to further the commercialization of promising technologies that
will benefit emerging markets in four key areas:
- Energy -- Clean, Renewable, and Sustainable Energy
- Health -- Better Health & Living
- Water -- Drinking Water, Irrigation & Sanitation
- Agriculture -- Green Biotechnology
The Company encourages collaboration with public, private and
institutional partners in all phases of the development and
technology transfer cycle; and accepts submissions from both
collaborative development, distribution and inventor partners
through the Collaboration Portal on its new website at
www.SNMNglobal.com.
The company anticipates numerous technology and operational
acquisitions and will continue to provide regular updates. The
Company will soon announce additional details alongside full
operational and financial disclosures.
About SNM Global Holdings SNM Global Holdings (SNM Global) is a
technology holding and development company that invests in,
acquires, and develops Intellectual Property Assets and Operations
in the Clean/Alternative Energy, Biotech, Water and Better Health
& Living sectors adapted specifically for the emerging global
markets.
The Company realizes revenues from the distribution of its
technology, products, and solutions through its network of
international agents and distributors and through the licensing of
Intellectual Property through its innovative mt2 Program. The
Company provides its International MicroEquity Partner program to
our local partners in our target international markets. This
program provides initial funding to a community building and
life-enhancing organization. The Company sees profits through
equity ownership and sales and distribution of its technology and
solutions.
The company operates through its subsidiaries and various
distribution partners worldwide.
Safe Harbor This release contains statements or projections
regarding future performance that is forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially from those projected as a
result of certain risks and uncertainties. The company's filings
contain various RISK FACTORS (and are incorporated on the Company's
website "Investors" section by reference) and should be read before
any investment decision.
CONTACT: SNM Global Holdings St John's House London EC1V
4JL United Kingdom Tel Number: 020 7096 0200 Investor Relations:
1-(321)-251-6082 info@snmnglobal.com www.snmnglobal.com
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