Vu1 Corporation Announces Allowance of U.S. Patent for its Electron Stimulated Luminescence™ Energy-Efficient Light Bulbs
Patent protection allows the use of cold cathode technology
NEW YORK, June 23, 2011 /PRNewswire/ -- Vu1 Corporation (OTCBB: VUOC), a developer and manufacturer of mercury-free, energy-efficient, general illumination lighting technology, today announced that the U.S. Patent and Trademark Office has issued a Notice of Allowance for a patent application for its Electron Stimulated Luminescence™ lighting technology. U.S. Patent Application Serial No.: 11/303,810 is for Light Emitting Device and Associated Method of Manufacture. This patent protects the basic design of Vu1's bulb through a number of enhancements that could be envisioned for the device.
Cold cathode technology has come to the foreground with the discovery of carbon nanotubes - nature's ideal cathode technology. The Company believes converting to this technology would provide higher efficiency, turn on times measured in millionth's of a second and simplified electronics resulting in lower cost. The Company has already demonstrated this approach internally and would anticipate commercial products in less than two years.
"This is Vu1's second issued patent and a significant development in further protecting our IP," commented Dr. Scott Blackstone, President and Chief Executive Officer. "This particular patent protects our migration path toward higher efficiency, lower cost designs using new technology and we believe further enhancements using this application will allow Vu1's ESL bulbs to maintain maximum efficiency, even while dimming."
About Vu1 Corporation
New York City-based Vu1 Corporation is dedicated to applying its technology to produce energy efficient, environmentally friendly lighting solutions worldwide. Vu1 has developed a new energy efficient light bulb to provide the consumer market with the first affordable, non-toxic light bulb with features consumers are demanding and not receiving from existing products. Learn more about Vu1 at www.Vu1.com. For the latest news, find Vu1 on Facebook and follow us on Twitter.
For investor inquiries, please contact Michael Polyviou at (913) 789-9978. For product and sales inquiries, please contact Chris Reilly at (704) 929-7872.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release includes forward-looking statements including, but not limited to, our ability to obtain future funding required for our operations, the future demonstration and commercial availability of our light bulb, timing for bulb production and sales, manufacturing capability of our facility, future interest of channel partners and distributors, our strategic planning and business development plans, future applications of the technology, and the viability, pricing and acceptance of our products in the market. These forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those described in the forward-looking statements. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, as well as the risks and other factors set forth in our periodic filings with the U.S. Securities and Exchange Commission (including our Form 10-K for the year ended December 31, 2010 and our other periodic reports as filed from time to time).
SOURCE Vu1 Corporation
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