SOURCE: Building Turbines, Inc.
AUSTIN, TX--(Marketwire - Oct 2, 2012) - In a follow-up to their 01/03/2012 press release, Building Turbines, Inc. (PINKSHEETS: BLDW), a designer and manufacturer of patented commercial rooftop wind turbine systems, issued a statement today that The United States Patent and Trademark Office (USPTO) issued a New Patent -- #8,257,020 -- in response to their United States Patent Application #20090167025.
On September 4, 2012, the USPTO issued a New Patent -- #8,257,020 -- to Building Turbines, Inc. for ALL claims within Building Turbines second patent application; #20090167025. The New Patent expands on several important elements from the company's first patent, and will the enhance efficiency, safety, life span, and cost reductions in manufacturing, which are all key considerations for the planned broad scale deployment of wind turbine systems on commercial rooftops; such as office and retail buildings and condominiums.
Building Turbines continues working closely with the Austin Green Energy Group (AGEG), The University of Texas (UT) Engineering Schools, along with other Texas Universities in Research and Development studies to optimize the efficiency of the mechanical and aerodynamic features of their turbine design, while focusing on reducing production and installation costs. In the last joint R&D study with UT four scale models were wind tested. The results proved that power output could be greatly enhanced with slight design modifications to the original turbine design, in accordance to the latest patent.
"The goal of the Austin Green Energy Group was to increase power output by at least 30%; the goal of reducing costs by 40% as well may be accomplished in the current AGEG and University collaborative R&D studies," said Bernie Johnson, AGEG President & CEO. "Those results will be released in the near future."
"This is great news for Building Turbines, our investors, and our shareholders," said John F. Graham Sr., CEO, Building Turbines, Inc. "We couldn't be more pleased that the Patent Office has allowed all 17 claims from the patent application, and we are especially pleased with the work from our research teams and legal counsel."
Mark L. Berrier, Patent Attorney and Intellectual Property Counsel for Building Turbines added, "There is a great deal of prior art in the renewable energy field, particularly relating to wind energy. I am gratified that we were able to work with Building Turbines to obtain a patent on their technology in this highly competitive field."
The company has additional patents pending, and expects positive results for those as well.
About Building Turbines, Inc.
Based in Austin, Texas, Building Turbines, Inc. is a renewable energy company focused primarily on designing, manufacturing and deploying revolutionary rooftop mounted horizontal-axis wind turbines.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.