SOURCE: Union Dental Holdings, Inc.
CORAL SPRINGS, FL--(Marketwire - Aug 29, 2012) - Union Dental Holdings, Inc. (PINKSHEETS: UDHI) -- http://www.uniondental.com/ir -- a Company that operates and manages a network of dentists throughout the United States for union members, announced today the filing of a European Union Patent (European Patent Application EP12177442.6) for an ozone purified water disinfector to be used in dental operatories. The filing was done on behalf of a newly formed Joint Venture between Union Dental and Drinkable Air. The filing of this patent in the EU community assures protection of the original USA patent filed recently. Under the Patent Cooperation Treaty (PCT), the JV will have a 30 month window of protection to file its patents worldwide and be protected from the date of its original USA Patent filing which was made on July 12, 2012. As part of the original Distribution Agreement Union Dental will receive a $200 royalty from each unit sold by anyone into the dental market in the USA. As part of the separate JV Agreement to develop the new product recently mentioned and patent filed Union Dental will receive 25% of profits, Dr. George Green will receive 26% and Drinkable Air will receive 49%.
Full members of the European Union are Albania, Austria, Belgium, Bulgaria, Switzerland, Cyprus, Czech Republic, Germany, Denmark, Estonia, Spain, Finland, France, United Kingdom, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Monaco, Former Yugoslav Republic of Macedonia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Sweden, Slovenia, Slovakia, San Marino and Turkey.
Dr. Green, UDHI President and CEO, reiterated his earlier comments when filing the first USA Patent, "The problem of bacteria contaminated water lines in the dental office has been common knowledge for a very long time without a solution. People have tried water from various sources trying to get a better result but the problem is not just the water but with the dental lines designed to carry it to the patient. This invention sterilizes the water in a minimal time (20-30 seconds) and does not involve boiling, or adding chemicals such as chlorine to the water. The process yields the purist water possible with no aftertaste delivered to the patient. The product leaves the dental lines rid of any live bacteria capable of causing disease. It is my intention to approach legislators throughout America to make this product's use mandated in all dental offices."
Union Dental recently announced this Joint Venture Agreement with Drinkable Air and the filing of USA Patents to develop ozone based bacteria killing products for the dental industry. Last month Energy Edge Technologies Corp (PINKSHEETS: EEDG) informed UDHI that EEDG had entered into an agreement to purchase all of Dutchess Private Equities Fund's shares and warrants in Union Dental making them a major shareholder in UDHI.
About Union Dental Holdings, Inc.
Union Dental Holdings manages a 22 operatory full service dental practice in Coral Springs, Florida. It is the exclusive supplier of Drinkable Air's patented ozone atmospheric water generators for the US dental industry and is a leading innovator for bringing bacteria free water into the dental operatory settings. Union Dental operates two wholly owned subsidiaries, Direct Dental Services and Union Dental Corp. Direct Dental Services provides dentists with "areas of exclusivity" to participate with various unions including the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW), United Association of Plumbers and Pipe Fitters (UA) and The Association of Flight Attendants - Communications Workers of America (AFA-CWA). Direct Dental Services receives annual management fees from the dentists in exchange for practicing in these "areas of exclusivity" where CWA and IBEW members use the dentists' services.
About Drinkable Air, Inc.
Drinkable Air, Inc. (a Florida corporation) ("DA" or "The Company") offers to the U.S. and international markets atmospheric water generators ("AWG") which will enable people to enjoy pure, 99.9% clean water. The water supply is obtained from the humidity in the air and condensed, processed and purified through a patented process. Drinkable Air's Chameleon line of AWG's is a cost-effective and environmentally friendly solution to the world's ever-growing need for pure, clean drinking water. The Chameleon line consists of twelve models which are described in detail in the business plan. For the first 3 years, the Company will focus on selling six models, i.e. Chameleon 8, 60, AC-60, 600, AC-600 and 1200. The Company's new home/office model is revolutionary in design and unlike other machines currently in the market. Superior air flow design combined with a larger surface area at the evaporator coil produce more water than any other AWG of comparable size. The Company's proprietary EnviroGuard System, the foundation for this new product, eliminates bacteria and purifies the water with an ozone process which oxygenates the water. This process keeps the water pure, fresh and great tasting at all times.
About Energy Edge Technologies Corporation
Energy Edge Technologies (PINKSHEETS: EEDG) is a public holding company that currently owns and manages two subsidiaries and a partnership. The Company recently completed a stock purchase agreement with Dutchess Private Equity Fund to acquire Dutchess' entire position in Union Dental Holdings.
"Safe-Harbor" Statement: Under the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.