SOURCE: AuraSource, Inc.

AuraSource, Inc.

April 13, 2011 09:31 ET

AuraSource Advances Its International Patent Application Portfolio for Its AuraCoal Technology

CHANDLER, AZ--(Marketwire - Apr 13, 2011) - AuraSource, Inc. (OTCBB: ARAO), a developer of hydrocarbon clean fuel technology, today announced that its wholly owned subsidiary, AuraSource Qinzhou Co., Ltd., has advanced its patent applications from provisional to international patent applications (PCT) for four of its previous patent applications filed with the State Intellectual Property Office of the People's Republic of China. All major industrialized countries are members of PCT.

The applications relate to a preparation method for ultra-fine coal-water slurry product, a centrifugal jig device, a slurry particles ultra-fine grinding device, and a centrifugal separation device. These technologies are at the core of AuraSources' system for ultra-fine particle separation. Specifically, they will be utilized for industrial applications for clean coal preparation, low-ranking coal upgrading, low-ranking coal based syngas production, direct-reduced iron-making and mineral elements separation.

Philip Liu, AuraSource's CEO, stated, "We intend to develop our technology portfolio for ultra-fine material processing which will be used in a multitude of industrial applications. Furthermore, we will establish demonstration sites based on each application through licensing or joint ventures."

About AuraSource

AuraSource focuses on clean energy technology development. AuraSource develops and licenses the AuraFuel™ and AuraCoal™ processes. AuraSource is researching and developing other technologies related to Hydrocarbon Clean Fuel ("HCF"). AuraSource plans to sell and license products and services related to their HCF technologies in China and the United States.

For more information about AuraSource, please visit www.aurasourceinc.com.

SAFE HARBOR STATEMENT
This Press Release may contain certain forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. AuraSource has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect AuraSource's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause AuraSource's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. AuraSource undertakes no obligation to update or provide advice in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

Contact Information

  • CONTACT:

    For Company
    Eric Stoppenhagen
    +1-949-903-0468
    Email Contact