New Generation Biofuels Files a Patent ApplicationNew Generation Biofuels Files a Patent ApplicationCOLUMBIA, Md., May 27 — Renewable fuels provider New Generation Biofuels Holdings, Inc. (Nasdaq: NGBF) (“NGBF” or the “Company”) today announced they have filed a patent application on their new glycerin-based biofuel. “We are excited to add this technology to our intellectual property portfolio,” said Cary J. Claiborne, CEO and President of NGBF. “This new technological development allows us to use glycerin as a primary feedstock to formulate our highly stable new biofuel which complements our existing products and will be an additional offering we have for the markets we serve.” “This new patent pending technology offers another effective biofuel solution for our customers’ environmental and performance challenges,” added Chief Technology Officer Dr. Andrea Festuccia. “It is formulated, as are our other technologies, to reduce emissions while providing physical product properties that are desirable for many of our customers’ needs. The low viscosity and temperature characteristics such as an extremely low pour point should be very attractive for many of the markets we serve. In addition, converting from existing liquid fuels to our technology should require little if any modifications to existing fuel combustion systems.” “As a biofuel technology company we have a very aggressive and focused research and development program led by Dr. Festuccia that addresses a number of important and differentiating areas,” stated Mr. Claiborne. “From our wide array of approved feedstocks addressing security of supply and cost issues to new patent pending products such as this new glycerin-based biofuel technology, Andrea and his team provide technology that creates unique solutions for our customers. Our R&D programs make a difference.” About New Generation Biofuels Holdings, Inc. Forward Looking Statements |
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