Toronto--
Phoenix Canada Oil Company (TSXV : PCO & OTC BB : PHXCF) today announced
that U.S. Patent No. 7,122,171 has been granted on the hydrogen gas generation
technology held by its U.S. unit, Phoenix International Energy Inc., under
a long term, worldwide Technology License Agreement with a major U.S. research
university. Phoenix exclusivity under the agreement extends for 20 years
beyond the initial 17-year patent term.
The newly issued patent establishes
the "foundation" technology designed to generate low cost hydrogen gas
from common water feedstock. The innovative process effectively harnesses
and catalytically converts solar light energy to produce hydrogen gas as
the ultimate sustainable clean energy resource. The Phoenix hydrogen economy
initiative will employ the generated hydrogen gas as a replacement, rather
than alternative, clean energy fuel that can eliminate global warming issues
and greenhouse gas emissions, with minimal environmental impact on long
term climate stability.
Hydrogen gas combustion produces
sustainable clean energy, with only pure water vapour emissions. Energy
derived from alternative coal, hydrocarbon and nuclear fuels will be constrained
by the depletion of reserves, the costs and dangers in dealing with carbon,
sulphur and nitrous oxide emissions and with nuclear waste disposal. The
planet's virtually inexhaustible hydrogen resources can guarantee the survival
of an energy dependent civilization.
International intellectual property
protection is being secured by way of a current PCT (Patent Cooperation
Treaty) filing effective in all major industrial nations. Definitive national
patent filings will be evaluated over the next 18 months.

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