SOURCE: Converde Energy USA Inc.

Converde Energy USA Inc.

July 22, 2015 06:00 ET

Converde Energy USA Inc. Applies for International Patent for Its Plasma Technology

CAMBRIDGE, ON--(Marketwired - Jul 22, 2015) - Converde Energy USA, Inc. (OTC PINK: XFUL) (the "Company") is pleased to announce it has finished its design and testing of its new breakthrough Non thermal Plasma power supply. The company is in the process of making an application for an International Patent for its cutting edge Non-Thermal Plasma Power Supply and Torch.

The basis of the patent is to implement a method, which will be able to effectively use Three (3) phase AC power to allow a compact design while maintaining a scalable system capable of more than 30 kWh of power in a single supply. These power supplies will be able to be linked together to produce a more powerful system if needed for a single torch. The technology also implements several new methods of controlling current and introduces variable high frequencies into the system. By introducing variable frequencies into the plasma we are able to create more of a disruptive environment on the chemical bonds we are trying to break such as hydrocarbon bonds. Thus the energy required to do this task will be reduced considerably lowering cost of production of the Syngas or output from the system.

Michael McLaren, Converde Energy Inc. CEO, stated, "We are very excited about this technology it will definitely set us aside from our competitors. One of the market barriers we have experienced with our plasma technology is the fact that we had to rely on third party power supply technology that did not integrate well or was unreliable. Now that has all changed, we can honestly say we can supply a turnkey system from start to finish product, all manufactured in Canada and the USA." Mr. McLaren further stated " We now can access markets with our technology that we were previously prohibited due to the inability to perform the necessary application. Some of these markets are Odor abatement, in-situ Ozone generation for Water treatment, Contaminated water treatment as in Frac water, the list goes on."

Once the company receives notice the patent has been accepted we will begin marketing the product and integrating it into our current projects as well as introducing it on our webpage.

About Converde Energy

Converde Energy USA Inc. develops renewable energy technologies and applies it to new generation power systems. Specifically, Converde Energy's plasma assisted bio-mass to energy plants, utilizing the state of the art technologies to produce green energy in both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt. Converde Energy USA Inc. has seasoned management, cutting edge technology and owns a large technology portfolio of patents and know-how that has been extensively validated and ready for commercial production.

For more information please see www.xfuels.com

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Converde Energy USA, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" 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 Converde Energy USA Inc.'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. More information about the potential factors that could affect the business and financial results is and will be included in Converde Energy USA Inc.'s filings with the Securities and Exchange Commission.

Contact Information

  • For further information please contact:
    Xfuels Public Relations and Shareholder Information Xfuels Inc.
    Phone: (519) 800-7556
    Email info@xfuels.com