BELMONT, Mass., Sept. 6, 2006 (PRIMEZONE) -- Kronos Advanced Technologies, Inc. (OTCBB:KNOS) has announced that Kronos Air Technologies, Inc., a developer of air movement and purification technologies and wholly owned subsidiary, has received Notice of Allowance from the U.S. Patent and Trademark Office for its patent applications, Corona Discharge Electrode and Method of Operating and Method of and Apparatus for Electrostatic Fluid Acceleration. The patents will protect the Company's proprietary technology for generating air flow and air cleaning with significantly reduced ozone while extending the life-span of the Company's proprietary electrodes and for producing inertialess power supplies for safe operation of its air movement and purification devices.
The new patents will further expand Kronos' intellectual property platform and have already been incorporated in Kronos' standalone air purifiers. This new generation of air purifiers can provide up to 100% filtration of 0.3 - 10.0 micron particles and 99% filtration of 0.02 - 0.1 micron size particles, while completely disinfecting rooms contaminated with bacteria and viruses.
To date, Kronos has been awarded eleven U.S. and two international patents. The Company currently has several additional U.S. patents pending as well as a number of patent applications in various stages of the patent process, either internally or with patent counsel. Kronos' intellectual property platform covers a broad range of patent claims, including high voltage management, material science and geometries. These claims provide patent protection on applications that Kronos, with its strategic partners, is pursuing in residential, commercial, industrial and military markets. Applications include but are not limited to:
-- air movement, including dielectric fluid movement and propulsion;
-- air purification, including particulate removal, biohazard
destruction, chemical and industrial gas treatment, and odor
removal;
-- temperature and environmental management, including space heating
and cooling;
-- air management, including sorting and separation of air streams
by particle content;
-- sound generation, including flat panel stereo speakers and active
noise cancellation;
-- high voltage management, including development of high voltage
power supplies and control of power plant energy surges and
electrical discharges;
-- control of water and moisture content in air streams, including
humidification; and
-- water treatment, including water purification, ionization and
water desalination.
About Kronos Advanced Technologies, Inc.
Through its wholly-owned subsidiary, Kronos Air Technologies, Inc., Kronos Advanced Technologies has developed a new, proprietary air movement and purification system that utilizes state-of-the-art high voltage electronics and electrodes to silently move and clean air without any moving parts. Kronos is actively commercializing its technology for standalone and embedded products across multiple residential, commercial, industrial and military markets. Kronos' technology is versatile, energy- and cost-efficient and exhibits multiple design attributes, creating a broad range of applications. The Company's business strategy includes a combination of building internal capabilities, establishing strategic alliances and structuring licensing arrangements. Kronos Advanced Technologies is located in Belmont, MA. More information about Kronos Advanced Technologies is available at www.kronosati.com.
Forward-Looking Statements
With the exception of historical information contained in this press release, this press release includes forward-looking statements and comments. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond the Company's control. Forward-looking statements, by their nature, involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above. The Company cautions that historical results are not necessarily indicative of the Company's future performance. Other risks are summarized under the caption "Factors Affecting Kronos' Business and Prospects" in the Company's Annual Report on Form 10-KSB for the year ended June 30, 2005 as filed with the Securities and Exchange Commission.