VANCOUVER, April 27 /PRNewswire/ - MicroCoal Inc. ("MCI"), a
subsidiary of Carbon Friendly Solutions Inc. (CNSX: CFQ) ("CFS"or
the "Company") is pleased to announce that it was recently awarded
an Australian patent by IP Australia (2004322058). This important
milestone in the development of the Company provides MCI with a
unique position, in the largest and most important exporter of coal
in the world. 51% of the proved recoveable coal reserves in
Australia is categorized as
"low-rank", i.e. sub-bituminous and lignite, which is the target of
MCI's coal upgrade technology.
Australia is the latest of a
long list of territories where MCI has already been awarded with
patents. The list includes countries such as Russia and Eurasia (010201), with the second
largest proven reserves of coal, Indonesia (ID P 0025911) which is the second
largest exporter of coal, South
Africa, New Zealand
(553550) - all under the World Intellectual Property Organization
(WIPO) filing number WO2006/013551. The examination in the
U.S.A. and China is in progress and patents should be
awarded soon.
Benzi Livneh, CEO of MicroCoal
Inc. stated, that "the award of patents in these territories is a
significant testament to the uniqueness and value of our
technology. We are confident that the two remaining important
countries, the U.S.A. and
China, where our applications are
currently being examined, will follow the distinguished list of
countries that have now awarded us with patents. MCI has a host of
other intellectual property related to the upgrade of low-rank coal
which are currently in process, and which illustrate our
technological advances and our commitment to serving the market
with the best available means to substantially improve the
environmental footprint of the coal industry, while at the same
time increasing its financial performance".
About MicroCoal Inc.
MicroCoal Inc. was incorporated in 2005 and currently has its
headquarters in Denver, CO with
pilot facilities in Golden, CO.
MicroCoal is a clean energy company focusing on commercializing the
use of its patented technologies to decontaminate and upgrade
low-rank coals to match the energy levels of high-rank coals for
use by power utilities. MicroCoal's proprietary on-site process not
only cleans up coal at the power plant prior to combustion by
significantly reducing contaminants, but it also reduces GHG
emissions and improves fuel efficiency. The reduction in emissions
allows for the generation of substantial carbon credits in an
industry that is one of the world's largest producers of emissions.
Website address: www.microcoal.com
About Carbon Friendly Solutions Inc.
Carbon Friendly Solutions Inc. provides solutions and products for
companies, organizations and individuals looking to reduce or
offset their global warming impact caused by greenhouse gas ("GHG")
emissions, while including the generation of carbon credits for
sale in the global Voluntary and Compliance markets. Through its
subsidiaries, Global CO2 Reduction Inc. and CO2 Reduction Poland
Sp. z o.o., CFS is focusing on removing and offsetting GHG
emissions from the development of reforestation projects and
renewable energy technology projects that are independently
validated and verified to globally recognized standards and
methodologies. Website address www.carbonfriendly.com
On behalf of the Board of Directors
Carbon Friendly Solutions Inc.
"Benzi Livneh"
Director
Certain statements included in this News Release contain
forward-looking statements, including disclosure concerning
possible or assumed future results of operations of the Company.
Forward-looking statements typically are preceded by, followed by
or include the words - "believes," "expects," "anticipates,"
"estimates," "intends," "plans," "or similar expressions.
Forward-looking statements are not guarantees of future
performance. They involve risks, uncertainties and assumptions, and
the Company's results could differ materially from those
anticipated in these forward-looking statements.
SOURCE Carbon Friendly Solutions Inc.