Environmental Clean Technologies Limited (ASX:ESI and ECT or Company) is pleased to provide the following update to shareholders:
- Indian Coldry patent certificate has been issued and received
- Collaboration Agreement discussions with Indian parties remain on foot and are progressing
- Coldry ‘Gateway’ solution overview released
Coldry Patent – India
Following on from the Company’s update to the market on 26 March 2015 highlighting the grant of the Coldry Patent in India and flagging the impending issue of the formal “Letters Patent”, we confirm receipt today of the Patent Certificate and the conclusion of the patent process in that jurisdiction.
Collaboration Agreement Progressing
The Company reconfirms discussions with Neyveli Lignite Corporation (NLC) and the National Mineral Development Corporation (NMDC) in relation to the proposed Tripartite Agreement for project development in India continue.
The Company is working diligently toward its objective of commercialisation of Coldry and Matmor technologies, and will continue to update the market in line with continuous disclosure obligations.
Coldry ‘Gateway’ Solution Overview
The Company recently introduced its diversified Coldry product capability and touched briefly on the concept of its ‘Gateway’ Coldry product (19 March 2015, & ECT website).
In follow-up, the Company has today released an overview on its website titled ‘Coldry – a ‘gateway’ solution to high value-add’.
The overview provides shareholders with a more in-depth look at Coldry technology as the ‘Gateway’ solution, providing context for the ongoing development works, market opportunities for deployment and drivers for adoption of the technology associated with production of higher value products than simply Black Coal Equivalent (BCE).
Please refer to the ‘News and Investor Relations’ section of the Company’s website for the full article (link)
For further information contact:
Ashley Moore – Managing Director [email protected]