SOURCE: Cool Technologies, Inc.

November 21, 2016 07:15 ET

Cool Technologies Receives Notice of New Patent Approval

Cranes, Forklifts, Trucks, Tractors, Motorcycles and Racing Vehicles To Benefit

TAMPA, FL--(Marketwired - Nov 21, 2016) - On November 14, 2016, Cool Technologies, Inc. (OTCQB: WARM), an innovator in mobile power generation, energy efficiency, and heat removal technologies, received notice of allowance on its international patent application for heat pipe cooled wet rotating disc engagement systems, more commonly known as wet clutches or wet disc brakes.

The new patent should increase efficiency, product lifecycle and power transmission capability for applications such as crane and hoist clutches, heavy machine tool drives, motorcycles, automobiles, trucks, tractors and racing vehicles.

The systems rely on a series of discs encased in oil that are aligned side by side on a common shaft. When engaged, the discs compress together which generates friction and heat. Large amounts of oil can easily remove heat, but during compression, all that remains is a very thin film which must transfer the heat to the outer surfaces of the discs to effectively remove it. Heavy usage and loads can raise temperatures to critical levels which can destroy the oil film, deform the discs and degrade the disc surfaces.

CoolTech's heat pipe technology can be incorporated within the discs and rapidly transfer heat to the surrounding oil before the temperature reaches critical levels. The result: increased capability to transmit more power from the application which is also known as increased power density.

Another significant benefit is that the passive technology will enable manufacturers to modify their current designs as opposed to adding exotic materials and coatings or creating a total redesign.

"Mechanical engineers have significant thermal challenges and are always in search of best practice, cost-effective cooling. Their goals are not to re-tool, but to find ways to make the current system more efficient," said Cool Technologies' CEO, Tim Hassett. "Our patent will do that and more. It will reduce cost and wear and tear as well as increase power, fatigue resistance and brake and clutch life efficiency."

Additional information on the new technology and its potential can be found on the company's blog (http://cooltechnologiesinc.com/category/blog/) later in the week.

About Cool Technologies, Inc.
Cool Technologies is an intellectual property and product development company commercializing patented thermal dispersion technology across multiple platforms. For example, it works with partners such as Emerson Electric and Nidec Motor Corporation to manufacture products utilizing their assets. The Company has additional patents-pending for other OEM applications of its proprietary heat removal technologies. Tested and validated by two third parties, ESSCO Pumps and Nidec, the Company's cooling system eliminates the need for costly modifications while increasing power output of pumps, fans, compressors, batteries, motors, generators and bearings.

Safe Harbor Statement.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on plans and expectations of management and are subject to uncertainties and risks that could affect the company's plans and expectations, as well as results of operations and financial condition. A listing of risk factors that may affect the company's business prospects and cause results to differ from those described in the forward-looking statements can be found in company reports and documents filed with the Securities and Exchange Commission. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information, read the blog at cooltechnologiesinc.com or contact ir@cooltechnologiesinc.com

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