SOURCE: Vega Biofuels

Vega Biofuels

November 17, 2016 13:00 ET

Vega Biofuels Files Provisional Patent with the U.S. Patent and Trademark Office for its Generation Four Torrefaction Machine

NORCROSS, GA--(Marketwired - Nov 17, 2016) - Vega Biofuels, Inc. (OTC PINK: VGPR), announced today that the Company has filed a Provisional Patent Application for its generation four (G4) torrefaction machine. Vega recently announced that its G/4 torrefaction machine increases the manufacturing capacity by approximately twenty five percent. Vega believes that portions of the process for the new machine are unique in the current marketplace and therefore, filed the Provisional Patent Application with the U.S. Patent and Trademark Office under the title "Method and Apparatus for Torrefying Biomass." The application disclosure relates generally to wood used as a fuel source, and more particularly to systems, methods, and devices for torrefying biomass, such as wood or other agricultural biomass.

Torrefaction is a special process technology that converts timber into a renewable energy alternative to traditional coal for utility owned pulverized coal-fired power plants around the world. Torrefaction is a partial carbonization process at temperatures between 475 - 575ºF (200 - 400° C) in a low oxygen environment. The physical and energetic properties of the biomass are then much more comparable to conventional coal. Vega's torrefied fuel product is called Bio-Coal. Bio-Coal has a high-energy density of up to 13,000 BTUs/Lb and is considered a renewable energy fuel that meets the Renewable Portfolio Standards and Renewable Energy Credits (RECs) in the United States. Existing coal-fired power plants can utilize the Bio-coal without making significant changes to their current infrastructure. The torrefaction machines are manufactured by the Company and its Joint Venture partner in eastern Kentucky. The new machine is the Company's fourth generation model and includes a pre-dryer that partially dries the biomass prior to the torrefaction process. This step increases the capacity of the machine by approximately 25% by allowing the biomass to pass through the roasting chamber at a faster speed.

"We are very proud of the capabilities of the new machine and in order to protect the Company and its partners, we felt it was important to file the Patent Application. We feel that this machine is the most unique and durable machine currently in the marketplace," stated Michael K. Molen, Chairman/CEO of Vega Biofuels.

About Vega Biofuels, Inc. (OTC PINK: VGPR):
Vega Biofuels, Inc. is a cutting-edge energy company that manufactures and markets a renewable energy product called Bio-Coal made from timber waste using unique technology called torrefaction. Torrefaction is the treatment of biomass at high temperatures under low oxygen conditions. For more information, please visit our website at vegabiofuels.com.

This press release contains 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. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.

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