Platinum Research Organization Inc. News
Platinum Research Extends R&D Agreement With U. of Texas at Arlington
"UTA has an outstanding group of researchers, headed by
"We recently released TechroBond 280, our first product for the commercial marketplace, which was a direct result of work with our UTA R&D team," he said. "Other products for automotive engine oils and greases are in advanced stages of testing. We also have testing agreements with major corporations, which we can't detail because of nondisclosure agreements."
The contract for 2008 continues or extends the research UTA is doing in four areas: engine oil additives, industrial grease additives, anti-corrosion coatings for aluminum and anti-fouling paints for ships.
"Over the time that we've been working with Platinum, our relationship has grown stronger every year," said
To date the research at UTA has led to the development of several new industrial grease products as well as several new discoveries in anti-wear chemistries for engine oils. The research performed at UTA has resulted in the filing of seven patents on behalf of PRO.
About Platinum Research Organization Inc. (PRO)
PRO designs, develops and commercializes patented, high performance additives for lubricants and coatings. The Company's proprietary additive, TechroBond(TM), offers substantial economic, performance and environmental advantages over those now used. In engine oils, TechroBond will extend the life of catalytic converters, thereby reducing harmful emissions; it increases the anti-wear performance of industrial greases while reducing their cost; and in coatings and paints, TechroBond may replace environmentally hazardous materials. PRO's formulations and processes are protected by a series of U.S. patents, patent applications, continuation-in-part applications and trade secrets. The company is located in
Trademarks: TechroBond is a trademark of Platinum Research Organization Inc. All other trademarks are the properties of their respective owners.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements about the future performance of the company, economic trends, and other forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including and without limitation, continued acceptance of the company products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. The company provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release and the company assumes no obligation to update any such forward looking statements.
SOURCE Platinum Research Organization Inc.
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