VANCOUVER, British Columbia, Jan. 26, 2023 (Global Newswire) — Thirty Sixty Solar Co., Ltd. (NEO: VSOL) (OTC: VSOLF) (“Three Sixty,” “Three Sixty Solar” or the “Company”), an innovative alternative energy design, manufacturing and sales organization focused on supplying solar energy equipment to the global marketplace, is Pleased to announce that the African Regional Intellectual Property Organization (ARIPO) has completed the preliminary examination of the company’s patent application and declared that the key claims pass the patentability test: novelty, inventive step and industrial applicability.
Brian Roth, CEO of Three Sixty Solar, said: “I am very encouraged by this positive response from ARIPO. Based on their feedback, we have every indication that key differentiators in our technology are patentable and we believe Our patent application, if approved, could successfully provide competitive protection in the markets in which we operate. This is an important strategic step for us to maintain our market advantage in the years to come.”
After a period of technical development and engineering design, Sanliushi Solar applied for PCT patent protection to the World Intellectual Property Organization. In April 2021, the company’s PCT application was made public internationally, giving Sanliushi the choice of which countries and jurisdictions to file patent applications with local patent offices by April 2022. In March and April 2022, Sanliushi filed patent applications in every market where the company expects to operate commercially in the next few years, including the United States, Canada, the European Union and other countries.
Thirty Sixty Solar has received notification from ARIPO that the organization has completed a preliminary review of the company’s patent application. Based on their review, the four main claims distinguishing between thirty and sixty solar technologies all pass three patentability tests; the claims are novel, inventive and have industrial applicability. These three patentability tests are the same ones considered in all jurisdictions in which the thirty or sixty applicants for patent protection each require a similar global search of prior art. Companies are encouraged that the USPTO and other patent offices will reach the same positive conclusions as ARIPO regarding the patentability of principal claims.
The company’s original application contained several broader claims that must now be narrowed down to focus on the four novel and inventive claims of the patent application in order to pass secondary examination and grant. Thirty Sixty expects to file these amended claims in the coming weeks, focusing on patentable claims, well ahead of the June response deadline set by ARIPO.
on behalf of the board of directors,
—brian ross—
brian ross
Chief Executive Officer and Director
Thirty Sixty Solar Co., Ltd.
www.threesixtysolar.com
About Thirty Sixty Solar Limited (NEO: VSOL) (OTC: VSOLF)
Three Sixty Solar Ltd. is an innovative alternative energy design, manufacturing and sales organization focused on supplying solar energy equipment to the global market. The company’s primary product line is the patent-pending SVS series of commercial solar towers. According to Statistics MRC, the solar farm industry will grow to approximately $296 billion by 2028. Three Sixty Solar’s unique tower concept is a high-density, clean energy solution that uses up to 90% less land space than traditional solar farms and can – be located near residential, retail, agricultural and industrial Minimize line losses and maximize energy delivery in places where it has been difficult to install renewable energy until now. In multi-tower applications, developers can use the space between towers to better utilize land assets through additional revenue-generating activities. Three Sixty Solar is designed to withstand the prime conditions of extreme weather, providing a clean energy solution with minimal impact on the environment and habitat. For more information, visit: www.threesixtysolar.com and watch our video. To stay informed of the latest news, sign up to receive news alerts and follow us on Instagram (@threesixtysolar.vsol), Twitter (@ThreeSixtySolar) and Facebook (@threesixtysolar.vsol).
Disclaimer of Forward-Looking Information
This letter contains statements and information that, if they are not historical facts, may constitute “forward-looking information” within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections and statements about future plans, objectives or economic performance, or assumptions based on any of the foregoing. In some cases, forward-looking statements can be identified by terms such as “may,” “will,” “may,” “will,” “may,” “except,” “anticipate,” “believe,” “intend” and similar terms , “plans,” “forecasts,” “projects,” “estimates,” “forecasts” or the negative thereof or other similar expressions referring to non-historical facts. Examples of such statements include, but are not limited to, statements regarding the Company’s ability to obtain patents for its technology, decisions made by ARIPO, the USPTO, and other patent offices regarding the patentability of the Company’s products, and how any patents may help the Company in the The protection of competition is maintained in the markets in which it operates.
Forward-looking information is based on assumptions, estimates, analyzes and opinions as of the date on which such statements are made based on management’s experience and perceptions of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable , but may prove to be incorrect. Important factors and assumptions used to formulate the forward-looking information contained in this press release include, but are not limited to, the continued involvement of key personnel and qualified employees of the company; the company’s ability to obtain additional financing on reasonable terms; competitive conditions in the industry in which the company operates; applicable the laws governing the company and any amendments thereto.
Forward-looking information involves known and unknown risks, uncertainties and other factors that could cause the company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information, including : Risks related to the company’s future business plans; risk that the company will not be able to retain key personnel; risk that the company will not be able to obtain financing on reasonable terms or at all, and in the company’s filing statement dated August 3, 2022 ” All other risks described under the heading “Risk Factors” at www.carder.com. Accordingly, readers should not place undue reliance on any such forward-looking information. In addition, any forward-looking information speaks only as of the date such statements are made. New factors emerge from time to time, and it is impossible for the Company’s management to predict all of them, nor to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor or combination of factors may cause actual results to differ from any forward-looking information There are significant differences in the results contained in . The company undertakes no obligation to update any forward-looking information to reflect information or events occurring after the date the information or events occurred or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.
Neither Neo Exchange Inc. nor any securities regulatory authority has approved or disapproved the contents of this press release.
Contact information
Thirty Sixty Solar Co., Ltd.
Investor Relations
E-mail: investors@threesixtysolar.com
Phone: +1 (778) 383-6743
Sales and Consulting
E-mail: info@threesixtysolar.com
Phone: +1 (877) 684-1972
