Robix Alternative Fuels Inc.
CNSX : RZX
FRANKFURT : R0X

Robix Alternative Fuels Inc.

May 07, 2014 10:53 ET

Robix Starts Construction of Its Patented Clean Ocean Vessel (COV)

LETHBRIDGE, ALBERTA--(Marketwired - May 7, 2014) - Robix Alternative Fuels Inc. ("Robix" or the "Corporation") (CSE:RZX)(FRANKFURT:R0X) announced today that it has recently completed the engineering drawings for the Clean Ocean Vessel (COV) and ordered critical components to initiate construction on the COV. The engineering drawings were completed by Rayco Steel Ltd, of Sparwood, BC. The highly anticipated COV is expected to be ready for commissioning in approximately four months. Robix holds a patent covering its unique COV technology.

The COV is an ocean vessel, catamaran-hull barge design, capable of recovering oil from water, in virtually any conditions, especially in rough seas (40 Foot COV is stable up to Beaufort 6, or 8 feet ocean waves). Contra-rotating drums lift oil/water fluid from the surface of the ocean and scavenger blades "scrape" the oil/water fluid off the drums into storage tanks within the catamaran hulls. A prototype of the technology has been tested, is proven and scaleable. The COV has received independent verification through a Certificate of Endorsement by COPP, the USA based Committee for Oil Pollution Prevention.

How the COV compares to the competition:

  • Rates of oil recovered and recovery-throughput efficiencies are noted as "oil rate of recovery" (ORR) and "recovery efficiency" (RE).
  • The water surface lifting force generated by the COV's patented contra-rotating drums acts in a suction or pumping manner that increases the ORR compared to conventional skimmer systems and the RE of the COV is in the 90-97% range. This is competitive with best in class 21st century technology in terms of ORR and RE.
  • Further improvements to the ORR (in terms of gallons per minute) could easily catapult the COV to "top three" status, by increasing the surface area of the drums through design modifications without impairing the stability of the vessel which is inherent to the COV design.
  • When our competitors' skimmer systems meet waves above 18 inches, they are forced to suspend service. The COV operates in rough sea conditions (as high as 8 feet waves), significantly out-performing its competitors, and stands in a class of its own.

"This marks the beginning of our preparation for the commercial launch of our COV product," commented Nathan Hansen, President and CEO of Robix Alternative Fuels. "The COV's ability to operate so efficiently even in rough water truly sets this product apart from its competition. We are in active discussions with potential strategic partners that have existing global market access, but lack a truly unique solution such as the COV, in oil spill response and recovery."

About Robix:

The Corporation is an "industrial products/technology" company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements. Robix owns a Clean Ocean Vessel ("COV") patent, which is an oil spill recovery vessel design with the capability to recover oil in rough and debris laden sea conditions. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry, and it proposes to develop a business model as a service provider, and/or equipment provider under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

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