Orbite Aluminae Inc.

May 11, 2011 08:30 ET

Exploration Orbite Files a New Patent Application That Covers the Extraction of Rare Earths - Richard Boudreault, CEO of Orbite, Inducted as New Fellow of the Canadian Academy of Engineering

MONTREAL, QUEBEC--(Marketwire - May 11, 2011) - Exploration Orbite (TSX VENTURE:ORT.A) announces that is has filed a new provisional patent application in the United States. This latest patent application (U.S. 61 / 482,253), which was filed on May 4th, 2011, aims to protect the Company's process for extracting rare earths from various minerals that are not necessarily clay-based. To this end, the application specifically covers the extraction of rare earths from minerals that are different from those previously covered by U.S. application 61/454,211, as filed on March 18th of this year.

Based on expectations of strong growth in coming years, Orbite is compounding its efforts to protect patents for the extraction of rare earths. The Company's intellectual property portfolio now contains four patent families: two for the production of alumina and two for the extraction of rare earths such as scandium and gallium. Scandium (Sc) is found primarily in aluminum-scandium alloys in aerospace industry components and for the design of certain sports equipment. Gallium (Ga) is used for semiconductor applications for electronic components such as integrated circuits, ultra high-speed logic chips for cell phones as well as a variety of infrared applications.

Additional technological innovations pertaining to two new patent families are currently underway and, consequently, new patent applications are also expected be filed in the next few weeks. "With the fast pace of growth in recent months, it is essential that we protect our extraction processes in order to strengthen our leadership in the industry. The latest patent applications are a clear indication of our commitment to add strategic value to the business, with intellectual property representing a high prospect for generating licensing revenues," said Richard Boudreault, Orbite president and CEO. "The Company has already initiated active discussions with a significant player in the gallium semiconductor industry."

These recent developments coincide with the induction of Richard Boudreault as New Fellow of the Canadian Academy of Engineering. The Canadian Academy of Engineering (CAE) comprises many of the country's most accomplished engineers, who have expressed their dedication to the application of science and engineering principles in the interests of the country and its enterprises. Members of the Academy are nominated and elected by their peers to honourary Fellowships, in view of their distinguished achievements and career-long service to the engineering profession and the Canadian economy. The corporation's Board of Management takes this opportunity to congratulate him on achieving this level of national accomplishment.

About Orbite

Orbite owns 100% of the exclusive mining rights on its 6,441-hectare Grande-Vallée property, the site of an aluminous clay deposit located 32 km northeast of Murdochville, and a 28,000 sq. ft. facility in Cap Chat, both in the Gaspé region. The latest NI 43-101 report issued has identified an Indicated Resource of more than 1BT of aluminous clay in part of the deposit. The Company also owns the intellectual property rights to a unique Canada and U.S.-patented process for extracting alumina from aluminous clays for which other international patents are also pending. The Company has cash assets of more than $18 million at present. www.explorationorbite.com

Orbite is Thinking Outside the Bauxite

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