 |  | 
KRONOS RECEIVES NOTICE OF ALLOWANCE FOR SIXTH U.S. PATENT
Belmont, MA - December 8, 2004: Kronos Advanced Technologies, Inc., announced today that Kronos Air Technologies, Inc., a wholly owned subsidiary of Kronos Advanced Technologies, has received a Notice of Allowance from the United States Patent and Trademark Office indicating that its patent application entitled Spark Management Method and Device has been examined and allowed for issuance as a U.S. patent.
Kronos' latest U.S. patent includes innovative solutions for spark management, including analysis, detection and prevention of sparks in high voltage product applications. Spark management is one of the core issues in creating safe, effective electrostatic technology products. Kronos' patent has extended applications for other high voltage technologies and applications beyond just Kronos' air movement, filtration and purification products. It is expected that the U. S. Patent will issue in due course. Kronos' Chief Technology Officer, Dr. Igor Krichtafovitch, and Product Development Leader, Dr. Vladimir Gorobets, are the inventors of this proprietary technology.
The Spark Management Method and Device patent is the sixth granted patent in a series of patent applications pending with the U.S. Patent and Trademark Office and various international patent offices addressing various aspects of the Kronos technology. This latest patent will provide intellectual property protection for key aspects of the Kronos' technology until late in 2021.
In addition to the Electrostatic Fluid Accelerator, Method of and Apparatus for Electrostatic Fluid Acceleration Control of a Fluid Flow, Electrostatic Fluid Accelerator for and a Method of Controlling Fluid Flow, Electrostatic Fluid Acceleration - Power Supply Management and Control, Electrostatic Fluid Acceleration - Electrode Design Geometries and Spark Management Method and Device patents, a number of additional patent applications have been filed, which control and manage multiple aspects and performance attributes of electrostatic fluid acceleration. These additional patent applications are either being examined or are awaiting examination by the Patent Office.
About Kronos Advanced Technologies, Inc.
Through its wholly-owned subsidiary, Kronos Air Technologies, Inc., Kronos Advanced Technologies focuses on the development and commercialization of a new, proprietary air movement and purification technology. Kronos's technology utilizes state-of-the-art high voltage electronics and electrodes to create an efficient but simple electrical device. As a result of this combined technology, the Kronos™ air movement and purification device can move and clean air without any moving parts. The device is versatile, energy and cost-efficient and exhibits multiple design attributes, creating a broad range of applications. More information about Kronos Advanced Technologies is available at www.kronosati.com.
Contact: Kronos Advanced Technologies: Daniel R. Dwight at 617-993-9965 or email: investors@kronosati.com.
With the exception of historical information contained in this press release, this press release includes forward-looking statements and comments. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond the Company's control. Forward-looking statements, by their nature, involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above. The Company cautions that historical results are not necessarily indicative of the Company's future performance. Other risks are summarized under the caption "Factors Affecting Kronos' Business and Prospect " in the Company's Annual Report on Form 10-KSB for the year ended June 30, 2004 as filed with the Securities and Exchange Commission.
Back to top
Back to news listings
|
|  |
|
