VANCOUVER, April 27 /CNW/ - MicroCoal Inc. ("MCI"), a subsidiary of
Carbon Friendly Solutions Inc. (CNSX: CFQ) ("CFS"or the "Company") is
pleased to announce that it was recently awarded an Australian patent
by IP Australia (2004322058). This important milestone in the
development of the Company provides MCI with a unique position, in the
largest and most important exporter of coal in the world. 51% of the
proved recoveable coal reserves in Australia is categorized as
"low-rank", i.e. sub-bituminous and lignite, which is the target of
MCI's coal upgrade technology.
Australia is the latest of a long list of territories where MCI has
already been awarded with patents. The list includes countries such as
Russia and Eurasia (010201), with the second largest proven reserves of
coal, Indonesia (ID P 0025911) which is the second largest exporter of
coal, South Africa, New Zealand (553550) - all under the World
Intellectual Property Organization (WIPO) filing number WO2006/013551.
The examination in the U.S.A. and China is in progress and patents
should be awarded soon.
Benzi Livneh, CEO of MicroCoal Inc. stated, that "the award of patents
in these territories is a significant testament to the uniqueness and
value of our technology. We are confident that the two remaining
important countries, the U.S.A. and China, where our applications are
currently being examined, will follow the distinguished list of
countries that have now awarded us with patents. MCI has a host of
other intellectual property related to the upgrade of low-rank coal
which are currently in process, and which illustrate our technological
advances and our commitment to serving the market with the best
available means to substantially improve the environmental footprint of
the coal industry, while at the same time increasing its financial
About MicroCoal Inc.
MicroCoal Inc. was incorporated in 2005 and currently has its
headquarters in Denver, CO with pilot facilities in Golden, CO.
MicroCoal is a clean energy company focusing on commercializing the use
of its patented technologies to decontaminate and upgrade low-rank
coals to match the energy levels of high-rank coals for use by power
utilities. MicroCoal's proprietary on-site process not only cleans up
coal at the power plant prior to combustion by significantly reducing
contaminants, but it also reduces GHG emissions and improves fuel
efficiency. The reduction in emissions allows for the generation of
substantial carbon credits in an industry that is one of the world's
largest producers of emissions. Website address: www.microcoal.com
About Carbon Friendly Solutions Inc.
Carbon Friendly Solutions Inc. provides solutions and products for
companies, organizations and individuals looking to reduce or offset
their global warming impact caused by greenhouse gas ("GHG") emissions,
while including the generation of carbon credits for sale in the global
Voluntary and Compliance markets. Through its subsidiaries, Global CO2
Reduction Inc. and CO2 Reduction Poland Sp. z o.o., CFS is focusing on
removing and offsetting GHG emissions from the development of
reforestation projects and renewable energy technology projects that
are independently validated and verified to globally recognized
standards and methodologies. Website address www.carbonfriendly.com
On behalf of the Board of Directors
Carbon Friendly Solutions Inc.
Certain statements included in this News Release contain forward-looking
statements, including disclosure concerning possible or assumed future
results of operations of the Company. Forward-looking statements
typically are preceded by, followed by or include the words -
"believes," "expects," "anticipates," "estimates," "intends," "plans,"
"or similar expressions. Forward-looking statements are not guarantees
of future performance. They involve risks, uncertainties and
assumptions, and the Company's results could differ materially from
those anticipated in these forward-looking statements.
SOURCE Carbon Friendly Solutions Inc.
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