ITM Power
plc (AIM: ITM) is pleased to announce that on 15 January 2008 it has been
granted a patent for its fundamental materials from the US Patent Office
(Patent No: US 7,318,972 B2).
The patent application, which covers
both the unique crosslinked hydrophilic ionic materials and the novel production
process, has been identified as two separate nventions. Consequently,
the Company has decided to allow the patent examination process to proceed
under the US 'divisional process' which offers the possibility of achieving
two independent patents from the one original application. The divisional
application covering the novel "in-situ" production process is now under
review.
Jim Heathcote, CEO ITM Power, said:
"We are delighted to be granted the
US patent covering our new class of ionically conducting materials and
we look forward to updating shareholders on the progress with the second
patent covering the low cost manufacturing process. When granted, two patents
will significantly enhance the Company's portfolio of intellectual property."
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