Outstanding Shares: 79,687,836
QUEBEC CITY, Dec. 3, 2013 /CNW/ - CO2 Solutions Inc. (TSX-V: CST), an innovator in the field of enzyme-enabled carbon capture technology, today announced that it has received Notices of Allowance in Canada for two new patents:
- FORMULATION AND PROCESS FOR CO2 CAPTURE USING AMINO ACIDS AND BIOCATALYSTS with number 2,769,771. This patent will cover the enzyme-enabled capture of CO2 from any CO2-containing gas where carbonic anhydrase enzyme is present in any form with amino acid-based absorbent.
- CARBONIC ANHYDRASE SYSTEM AND PROCESS FOR TREATING A CO2-CONTAINING GAS with number 2,827,024. This patent will cover the enzyme-enabled capture of CO2 from any CO2-containing gas where carbonic anhydrase enzyme is on or in substrates that are in suspension in the absorption solution.
The Company anticipates that these patents will be applicable to the use of CO2 Solutions' technology for efficient and environmentally superior CO2 capture and reuse, in large Canadian industries, including the enhanced oil recovery and power generation sectors.
"These patents further strengthen our deep intellectual property portfolio in the field of enzymatic carbon capture," stated Evan Price, CO2 Solutions' President and CEO. "In addition, they expand our potential process options to suit specific industry and customer needs as we move towards full commercialization of our technology."
About CO2 Solutions Inc.
CO2 Solutions is an innovator in the field of enzyme-enabled carbon capture and has been actively working to develop and commercialize the technology for stationary sources of carbon pollution. CO2 Solutions' technology lowers the cost barrier to Carbon Capture, Sequestration and Utilization (CCSU), positioning it as a viable CO2 mitigation tool, as well as enabling industry to derive profitable new products from these emissions. CO2 Solutions has built an extensive patent portfolio covering the use of carbonic anhydrase, or analogues thereof, for the efficient post-combustion capture of carbon dioxide with low‐energy aqueous solvents. Further information can be found at www.co2solutions.com.
CO2 Solutions Forward-looking Statements
Certain statements in this news release may be forward-looking. These statements relate to future events or CO2 Solutions' future economic performance and reflect the current assumptions and expectations of management. Certain unknown factors may affect the events, economic performance and results of operation described herein. CO2 Solutions undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: CO2 Solutions Inc.
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