Xogen Secures First US Patent for Its Hydrogen Technology.Business Editors CALGARY, Alberta--(BUSINESS WIRE)--Oct. 4, 2000 Tathacus Resources Ltd. (CDNX CDNX See Canadian Venture Exchange (CDNX). :TTC) reports 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 (USPTO) today granted to Xogen Power Inc. ("Xogen") patent number 6,126,794. The patent, which covers 37 claims, protects Xogen's hydrogen generator technology and excludes others from making, using, or selling the invention throughout the United States or importing the invention into the United States. Xogen CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , John Grove and Chief Science Officer, Stephen Chambers stated, "We are extremely pleased to have received approval of our first patent application. The final granting of the patent strengthens Xogen's ability to provide a revenue stream for its shareholders including Tathacus. Revenues will be generated by licensing the technology to other companies for a wide variety of important uses." Tathacus currently owns 20 percent of Xogen, a private advanced fuel technology company. The two companies are also partners in a joint venture to commercialize the technology's home and commercial heating applications. "Tathacus is very pleased by the news," said Barrie Shibley, Tathacus CEO. "Xogen has also advised us that it's pursuing an aggressive program to expand the protection for its breakthrough technology through additional US and international patent applications. In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified" meantime, meanwhile , we are working with Chambers and the Xogen science team to finish building a hydrogen burning prototype home furnace for the joint venture." Tathacus is a Calgary-based energy company. Through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Crucero Resources, Tathacus is positioned to optimize and grow its oil and gas assets that currently provide the company with a solid revenue stream. Through its recent acquisition of twenty percent of Xogen, and an existing home and commercial heating joint venture between the companies, Tathacus is the only publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. with an ownership interest in Xogen's exciting new hydrogen generation technology. The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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