SOURCE: Gyrotron Technology Inc.

Gyrotron Technology Inc.

February 01, 2017 14:14 ET

GYTI receives 7th US Patent -- Method for the Chemical Strengthening of Glass

Technology Expected to Provide Significant Process Improvements to Growing Two Billion Plus Chemical Tempering Industry.

BENSALEM, PA--(Marketwired - February 01, 2017) - Gyrotron Technology Inc. (OTC PINK: GYTI), an industrial process technology company, announced that it has received US Patent 9,505,654 titled Method for the Chemical Strengthening of Glass. The patent covers a highly innovative approach to the chemical tempering of glass that in lab-scale tests accomplishes the ion -- exchange that is the critical step of chemical tempering in less than 10% of the time needed by conventional technology. Further, while conventional technology requires the use of expensive specialty glass, lab scale tests suggest that the GYTI's technology could be applied to ordinary glass as well, which would result in significant cost savings. Chemically tempered glass is widely used in hand held devices as well as many other applications such as automotive and aerospace.

Dr. Vlad Sklyar, GYTI President stated, "We are very pleased to announce this addition to our patent portfolio, which addresses a huge and growing market. We expect the technology to allow significant process improvements to chemical tempering for the glass industry."

GYTI's six prior US patents cover technology for multiple industries. Four of the issued patents relate to novel uses of the gyrotron;

* Glass: US Patent 6,408,649 - Method for rapid thermal treatment of glass & glass-like materials using microwave radiation.

* Semiconductors: US Patent 6,423,605 - Method and apparatus for forming ultra-shallow junction for semiconductor device.

* Plastics: US Patent 6,368,994 - Rapid processing of organic materials using short wavelength microwave radiation.

*Critical Technical Aspects of Gyrotron Processing: US Patent 6,424,090 - Modification of millimetric wavelength microwave beam power distribution.

About Gyrotron Technology -- (OTC PINK: GYTI): GYTI develops and markets unique processing technology solutions for a broad range of industries, including glass, plastics, semiconductors, and food. These utilize the gyrotron, a very powerful source of high-frequency microwave energy, and other sources of electromagnetic energy. The solutions open new horizons, substantially enhancing productivity and cutting costs by, among other things, applying heat in a dramatically more efficient and effective manner than is possible with legacy technologies. Please visit our website http://www.gyrotrontech.com/ for additional information on GYTI.

Forward-Looking Statements: This release and the materials referred to herein contain 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. All forward-looking statements are inherently uncertain, as they are based on current expectations and assumptions concerning future events or future performance of GYTI. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties inherent herein and in publically available information on GYTI, including filings with the SEC. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.

Contact Information

  • TECHNICAL CONTACT
    Dr. Vlad Sklyar
    President
    215-244-4740
    Email contact

    INVESTOR CONTACT
    Jack N. Mayer
    Director
    215-244-4740
    Email contact