SOURCE: Axiom Corp.

June 16, 2015 06:00 ET

PaperNuts Corporation to File Provisional Patent Applications for Latest PaperNuts Packaging Technology Innovations

ST. CATHARINES, ON--(Marketwired - Jun 16, 2015) - Axiom Corp. (OTC PINK: AXMM) ("Axiom" or the "Company") is pleased to announce that PaperNuts Corporation is prepared to file provisional applications with the United States Patent and Trademark Office (USPTO) regarding several innovations made to the latest generation of PaperNuts loose-fill packaging technology.

PaperNuts intends to file provisional patent applications over the use of several design, manufacturing, and process improvements made by the company to the PaperNuts original intellectual property. The immediate "Patent Pending" status over these innovations will help safeguard the company's exclusive rights to the latest PaperNuts technology and create a foundation for additional patents and claims as the company continues to make additional advancements. The planned provisional and subsequent non-provisional application would protect the latest PaperNuts technology with patent exclusivity to 2035 or beyond, if granted and extended.

Tyler Pearson, CEO of PaperNuts, commented, "We are excited to be making new provisional patent applications regarding the latest generation of PaperNuts technology. As a result of our continued efforts to improve PaperNuts and our customers' experience using the product, we have made several important innovations to the 4th generation commercial grade PaperNuts Converter and finished product. These innovations are significant advancements to the technology and warrant new patents that we believe will further strengthen our control over the exclusive rights to all the PaperNuts intellectual property."

Pearson concluded, "We expect the provisional patent applications to be filed prior to our unveiling of the smaller, faster, quieter, and easier to use 4th generation PaperNuts technology at PACKEX Toronto 2015 which begins this week."

PaperNuts will be introducing the latest PaperNuts loose-fill packaging technology and innovations at PACKEX Toronto 2015 (Exhibit Booth #459), Canada's longest-running national packaging exhibition. The annual event will take place June 16-18, 2015, at the Toronto Congress Centre, Toronto, Canada.

About Axiom Corp.

Axiom Corp., operating through its majority owned subsidiary (95.6%), PaperNuts Corporation, is a global focused developer and marketer of innovative and environmentally friendly packaging solutions. PaperNuts Corporation owns proprietary technology and intellectual property originally developed in Finland that provides an environmentally friendly alternative to traditional protective packaging options that are often very harmful to the environment. PaperNuts delivers a loose-fill packaging solution that competes directly with polystyrene foam plastic "peanut" fillers, bubble wrap, air pillows, crumpled paper, foam-in-place, and corn starch peanut products. 

PaperNuts are a cost-effective green alternative to competitive fillers, made from 100% recycled paper that was destined for landfill, and are both biodegradable and fully recyclable after use. PaperNuts also provide superior product protection, are clean and easy to handle, non-polluting, and low in particulates. The "PaperNuts Converter" machine used to create PaperNuts requires only 10 sq. ft. of floor space to operate and gives small, medium, and large scale businesses the capability to produce on-demand on-site packaging that reduces the shipping and storage costs associated with competitive products.

For additional information regarding Axiom Corp. and PaperNuts Corporation, visit www.axiompaper.com.

Axiom Corp. files reports with the Securities and Exchange Commission. The Company's filings can be viewed at www.sec.gov

Disclaimer/Safe Harbor: This Axiom Corp. / PaperNuts Corporation news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include failure to meet schedule or performance requirements of the Company's contracts, the Company's ability to raise sufficient development and working capital, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur as planned or at all.

Contact Information

  • Investor/Media Contact:

    Axiom Corp. / PaperNuts Corporation - Investor Relations
    Toll-Free: (888) 694-1999
    E-mail: Email Contact
    Website: www.axiompaper.com