QUEBEC CITY, April 11, 2012 /CNW Telbec/ - Innovente inc. (TSX
VENTURE:IGE) ("Innoventé" or the "Company") is proud to announce the
recent granting of a US patent for its proprietary SHOC™ drying
This patent, valid until 2028, covers the entire process that enables
Innoventé to transform organic waste into a solid biocombustible with
high calorific value. The patent is assigned to the "Institut de
Recherche et de Développement en Agroenvironnement" ("IRDA"),
Innoventé's technological partner.
In accordance with a license agreement signed in 2008, the IRDA has
granted Innoventé an exclusive worldwide license giving the Company the
exclusive right to use the patents, trademarks as well as all the
technical information and data developed by the IRDA with regard to the
design and manufacture of the SHOC™ process. The mechanisms outlined in
the agreement are designed in such a manner that Innoventé can hold
these rights indefinitely, at its own discretion.
"This US patent, coupled to the Canadian patent obtained in July 2011,
gives Innoventé a strong protection of its intellectual property in
North America." declared Mr. Richard Painchaud, President and Chief
Executive Officer of Innoventé.
In addition, a new provisional patent application has been filed
recently at the international level. This application covers certain
equipments used in the SHOC™ process. It will allow Innoventé to
strengthen its intellectual property worldwide.
Innoventé is an innovative producer of renewable energy. The Company has
developed a ground-breaking concept that provides communities with a
green and sustainable organic waste management solution. Known as
"intelligent electricity," this solution converts organic waste into
electricity, heat, and fertilizing products, thereby reducing
greenhouse gas emissions. Innoventé's intelligent electricity is a
solution designed to improve environmental quality and stimulate
economic development - and it can easily be applied in all communities.
Innoventé has nearly completed construction of its first intelligent
electricity power station, which will serve 6,000 residents in Quebec's
Chaudière-Appalaches region. This pioneering power station leads the
way for future application of our concept around the world.
Disclaimer in regards to forward-looking statements
Certain statements included herein, including those that express
management's expectations or estimates of our future performance,
constitute "forward-looking statements" within the meaning of
applicable securities laws. Forward-looking statements are necessarily
based upon a number of estimates and assumptions that, while considered
reasonable by management at this time, are inherently subject to
significant business, economic and competitive uncertainties and
contingencies. Investors are cautioned not to put undue reliance on
forward-looking statements. The Corporation disclaims any intent or
obligation to update publicly these forward looking statements, whether
as a result of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
these terms are defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Innoventé Inc.
For further information:
Director of Communications
418-692-1011 ext : 200
Marc Jasmin CMA, President
Jasmin Financial Communications