Go Green Global Technologies Corp. Acquires Patent Portfolio Relating to Sonical(TM) Water and Fuel
July 09 2013 - 9:39AM
Marketwired
Go Green Global Technologies Corp. (OTC Pink: GOGR), an innovative
U. S. water and fuel technology licensing, marketing and
development company, today announced that it has acquired
intellectual property assets from Water Treatment Systems., LLC for
the Sonical™ product line. Patents now owned by the Company include
United States Patent numbers 5,702,600, 6,146,526, and 6,506,299,
titled Variable Resonance Descaling Decalcifier Device Connected to
a Forced Sequential Rephasing Transformer, and Provisional Patent
Application number 6,1818,013, titled Cracking Procedure Provided
with an Electronic Apparatus and Fuel Modification Complex. The
assignment has been filed and recorded by the United States Patent
and Trademark Office.
"This IP acquisition is a major development for our company,"
said John D'Alessandro, CEO of Go Green. "In addition to the patent
acquisition, we have continued working on the marketing,
development, compliance, and certifications for all our products.
We are pleased at the progress we are making on all fronts."
"We are significantly better positioned today then we were a
year ago," said Geoff Grzywinski, President and COO of Go Green.
"Ownership and development of IP is a cornerstone of our business
strategy, and will better enable us to generate revenue streams,
raise investment capital, qualify for debt financing, pursue
technology licensing opportunities, and exploit commercial
opportunities domestically and internationally."
The Company is also pleased to announce that Mark A. Del Priore
has assumed the role of Financial Controller, effective June 10,
2013. Mr. Del Priore was elected to the Board of Directors on May
8, 2013, and will now oversee the company's accounting, internal
controls, and financial reporting.
About Go Green Global Technologies Corp.
Go Green Global Technologies Corp. (OTC Pink: GOGR) is a U.S. water
and fuel technology licensing, marketing and development company.
Through its wholly owned subsidiary, Go Green Technologies Corp.,
it provides solutions worldwide utilizing the proprietary patented
Sonical™ process for both non-chemical water treatment and fuel
combustion applications. The company is a leader in the emerging
Pulsed- Power technology sector and has a portfolio of intellectual
property that includes three United States patents. Since
inception, the company has focused on innovative technologies that
lead to a cleaner and more efficient planet.
Contact us at: info@gogreentechcorp.com or 800-605-2857
You are also welcome to visit www.gogreentechcorp.com for
additional information.
Safe Harbor Statement This release
contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan," or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements.
Contact Geoff Grzywinski President/COO geoff@gogreentechcorp.com
800-605-2857 / 203-463-2058
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