MIAMI, FL--(Marketwire - October 21, 2010) - ADB International Group, Inc.'s (
The electronic patent assignment was completed on October 12, 2010 with the US Patent and Trademark Office of the US government. Centriforce Technology was restructured earlier this year and the provisional patent was upgraded to Utility Patent status. Now the entire patent transition process is complete with the full assignment of rights to Centriforce Technology, the wholly-owned subsidiary of ADBI.
"Now that this restructuring is complete, Centriforce can forge ahead with its development, research and commercial plans to bring what we believe is the most efficient, lowest cost desalination system available today," stated Matthew Schulman, Centriforce President. "The world desperately needs an economical, efficient desalination solution like Centriforce's to resolve the shortage of potable water in small, medium and large communities across the globe," he concluded.
The previously announced performance test supervised by a world-renowned technical organization confirmed very high efficiency, low energy consumption and quality potable water production. These characteristics of Centriforce's desalination system provide significant benefits when compared to the other desalination technologies in use today. The advanced, next-generation solution for desalination that Centriforce offers should revolutionize the industry and solve many water shortage problems worldwide.
ADB International Group, Inc. (ADBI) is a holding company that invests in strategic global corporate acquisitions in important market sectors that demonstrate significant growth potential. ADBI intends to expand into Green Energy Industries, Emerging Technologies, Healthcare, Financial and Business Services and other growing and awakening markets. ADBI plans to provide managerial and financial support to allow each project and subsidiary to concentrate on its specific industry and unique business plan. Partnering with strong management, investing in growth, achieving operational improvements and applying the Company's global resources are all part of ADBI's formula for building value for our investors and shareholders.
Centriforce's website can be found at http://www.adbintl.com/subsidiaries.html or directly at http://www.cnfowater.com.
Safe Harbor Statement: Under the Private Securities Litigation Reform Act of 1995 this news release contains forward looking statements within the meaning of section 27A of the Securities Act, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward looking statements often include words such as expect, hope, anticipate, believes, etc. Forward looking statements involve both known and unknown risks and uncertainties that may cause actual results and performance to differ materially from those expressed in this press release.