SOURCE: Surna

Surna

August 20, 2014 08:00 ET

Surna Files Patent for Breakthrough Power Generation System; Plans 2015 Product Launch

BOULDER, CO--(Marketwired - Aug 20, 2014) - Surna Inc. (OTCQB: SRNA), a company that develops, acquires, produces and sells equipment for the legal marijuana industry with a focus on disruptive technology, today announced it has filed a provisional patent application covering enhancements to its proprietary Climate Control Systems and Methods used in indoor gardens.

The patent covers an industrial process that provides electricity, heating and cooling while utilizing the resulting carbon-dioxide (CO2) generated as a nutrient for the plants. Surna plans to incorporate this and other proprietary technology into a new, commercial-grade power-generating and environmental control system product (PolyGen System).

The PolyGen System is being designed to provide a near zero waste energy alternative for the cannabis industry, which currently relies heavily on local energy providers for its energy intensive growing needs. Surna's PolyGen System also provides an alternative where either the cost, or availability, of electric power is an issue. It will enable growers to power their facilities using natural gas fired generators in order to create electricity, and provide heating and cooling, as a far cleaner and cheaper alternative to diesel generators.

Slated to be an integral part of the future Surna commercial line, the PolyGen System is designed to enable growers to decrease their reliance on local energy providers while supplying and maintaining consistent levels of CO2, temperature and humidity -- all of which must be carefully modulated to achieve the exacting conditions required for growing high-end specific strains of both medical and recreational cannabis.

Currently, energy usage for cannabis production has been estimated to total one percent of all electric consumption in the U.S., or enough to power about 1.7 million homes, according to research published in Energy Policy in 2012 titled, "The Carbon Footprint of Indoor Cannabis Production."

The complete PolyGen System will provide an off-the-grid option, or a hybrid option (when coupled with conventional electrical power), to the commercial indoor agriculture industry for a superior, more energy efficient, low-waste facility. Beta testing for the product is slated to begin in mid-2015.

"The opportunity to take a step away from the grid, while producing electricity, heating, cooling, and additional CO2, is a technology we believe is revolutionary in its science as well as its cost/benefit," said Surna Chairman and CEO, Tom Bollich. "With this new design, grows will no longer need to rely on power upgrades from utilities, which can take up to 18 months; they can start to grow immediately.

"Additionally, our long term vision of the industry is that we will see more states moving toward regulated cannabis markets. At the same time, the industry's grower segment will consolidate to achieve economies of scale similar to many sectors of the US retail industry that have evolved toward the big-box and superstore models. As the cannabis industry reaches that point, Surna will already be there with the right cutting edge products, for the right customers, ranging from small business to the major commercial growers."

About Surna Inc.
Led by Tom Bollich, the visionary technologist who co-founded famed gaming company Zynga which ultimately rose to a $10 billion market valuation, Surna's mission is to acquire intellectual property and scalable operating companies in the nascent, legal marijuana industry with a focus on disruptive technology, equipment and related support services (www.surna.com). Through its wholly owned subsidiary, Hydro Innovations, the Company offers a comprehensive line of commercial and small business indoor agriculture equipment (http://www.hydroinnovations.com/).

The Company represents a pure play on explosive growth in the cannabis industry, while being agnostic as to the escalating proliferation of regulated, commodity cannabis growers & sellers, winners or losers; its business model excludes the production or sale of marijuana. ArcView industry research projects the highly fragmented $2.3 billion US cannabis industry will increase over four-fold to $10.2 billion by 2018.

Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Contact Information

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