LAS VEGAS, Oct. 7, 2009 (GLOBE NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPR) announced today that its wholly owned subsidiary, MetaPower Inc., has been notified that the amendment to its application for an Australian patent to cover its UCoDA technology has been accepted under Australia Patent No. 2007221875 and is expected to be issued after a 3 month competition period. This patent covers 16 separate claims for the Company's UCoDA Technology to those previously awarded under Australia Patent No. 2001270179. The Company currently holds UCoDA Technology patents in the United States, Taiwan and Australia. Patents are still pending in Europe, China and Canada.
"These patents cover a distinctive data architecture based on a unique set of business objects. We have used this architecture to develop the UCoDA Business Process Management Technology. UCoDA is a 5th generation application development platform for non-IT professionals to develop enterprise strength business process applications such as Compliance Management and Corrective Action Management. We are now working on UCoDA 4.0 which includes an enhanced user interface and a business process application designer. We are very excited about this technology and its ability to revolutionize the way enterprise applications are developed, managed and maintained," stated John Prouty, Vice President, Product Development, MetaPower International Inc.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.