Award of trademarks

RNS Number : 9255P

Active Energy Group PLC

15 February 2023

 

Reach announcement

15 February 2023

Active Energy Group Plc

("Active Energy", "AEG", the "Company" or the "Group")

Award of trademarks

Active Energy (AIM:AEG, OTCQB:ATGVF), the international biomass based renewable energy business, is pleased to announce it has received two trademarks for the registration of CoalSwitch® in the USA and UK.

The United States Patent and Trademark Office has issued Trademark Registration No. 6,707,687 for CoalSwitch® and the UK Intellectual Property Office has issued Trademark Registration No. UK00003838916 for CoalSwitch®. Both trademarks are an important step for AEG as it grows its intellectual property portfolio through the continued development of its CoalSwitch® technology. Additional trademark applications have commenced for registration of the trademark in other international markets.

AEG's next generation biomass technology, CoalSwitch®, has been shown to reduce CO₂ emissions by up to 99 per cent. compared to coal and up to 97 per cent. compared to natural gas in an independent report from Life Cycle Associates. This is in addition to independent testing carried out under the STEP programme that showed this fuel can readily co-fire with coal and in doing so significantly reduces emissions and produces fewer pollutants.

AEG has also renewed its Chain of Custody (CoC) and Controlled Wood certifications that are compliant with Forest Stewardship Council® (FSC) standards for CoalSwitch® confirming that it only uses forest-based materials from responsible sources and that all AEG's suppliers have committed to the strictest standards of forest management.

Michael Rowan, CEO of Active Energy, commented:   "The award of these two trademarks is an important step in the development of CoalSwitch® as the market standard for black pellets. We are focused on protecting and growing our intellectual property portfolio as we deliver on our strategy of producing a next generation biomass pellet."

Enquiries:  

Active Energy Group Plc	Michael Rowan  (Chief Executive Officer) Michelle Fagan   (Chief Financial Officer)	[e-mail]
Allenby Capital Limited Nominated Adviser and Broker	Nick Naylor/James Reeve/Daniel Dearden-Williams   (Corporate Finance) Amrit Nahal  (Sales/Corporate Broking)	Office: [phone]
Camarco Financial PR Adviser	Tom Huddart / Emily Hall / Lily Pettifar	[e-mail] Office: [phone]
Scoville PR US PR Adviser	John Williams	[e-mail].u k

Website	LinkedIn	Twitter
www.aegplc.com	www.linkedin.com/company/activeenergy	https://twitter.com/aegplc @aegplc

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