Pollution Research and Control Corp. awarded key patent for Flue Gas Purification System; global market estimated in excess of $80 billion.GLENDALE, Calif.--(BUSINESS WIRE)--Sept. 24, 1996--A.E. Gosselin Jr., president and chief executive officer of Pollution Research and Control Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PRCC PRCC Pearl River Community College (Mississippi) PRCC Papillary Renal Cell Carcinoma PRCC Puerto Rican Cultural Center (Chicago, IL) PRCC Puerto Rico Convention Center PRCC Parallel Rural Community Curriculum ) Tuesday announced that the United States Patent and Trademark Office The United States Patent and Trademark Office (PTO or USPTO) is an agency in the United States Department of Commerce that provides patent protection to inventors and businesses for their inventions, and trademark registration for product and intellectual property Issued Patent No. 5553555 to the company. The patent is directed at the enormous air pollution control market for fossil fuel fossil fuel: see energy, sources of; fuel. fossil fuel Any of a class of materials of biologic origin occurring within the Earth's crust that can be used as a source of energy. Fossil fuels include coal, petroleum, and natural gas. exhaust combustion gases. The patent provides a proprietary position for removal of oxides of sulfur and nitrogen, ash pollutants and for reducing carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure. levels with steam generator A steam generator is a device used to boil water to create steam. It may refer to:
In the majority of applications, the realizable annual fuel savings represent a "present value" which may significantly offset the entire capital investment of the pollution control system. In announcing the patent award, Gosselin commented: "The patent award represents several years of mechanical and chemical engineering design work, and is based on over 40 years of combustion and air pollution control experience. "This is the first Flue Gas Purification System that yields precise exhaust gas temperature control for efficient pollutant aerosol formation and removal and, in most cases actually save, rather than cost, the user real dollars." Gosselin continued, "We will pursue two parallel tracks in commercializing the pollution control system: (1) negotiate a joint venture relationship with an internationally recognized thermal power plant engineering company; and/or (2) acquire a power plant engineering company that can be teamed with the fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. capabilities of our recent acquisition, Nutek Inc., so that we can bid a `clean-up' system in-house as a sole sub-contractor." The FGPS FGPS Faculty of Graduate and Postdoctoral Studies applications address an estimated potential worldwide market in excess of $80 billion over the next 10 years. The Clean Air Act of 1990 mandates that all industrial smoke stacks in the United States be equipped with "clean-up" equipment and/or procedures by the year 2000. Similar reforms are taking place in other industrial countries outside the United States. Pollution Research & Control designs, manufactures and markets air pollution measurement instruments, nationally and internationally, through its wholly-owned subsidiary Dasibi Environmental Corp. It also manufactures control panels and related equipment for pollution control and process control applications through its subsidiary, Nutek, and manufactures proprietary asthma diagnostic equipment through its subsidiary, Logan Medical Devices Inc. CONTACT: Pollution Research and Control Corp., Glendale Albert E. Gosselin Jr., 818/247-7601 or Liviakis Financial Communications Inc. John Liviakis, 916/448-6084 |
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