Tekcapital plc Acquisition of Energy Harvesting Technology (1033K)
24 Décembre 2015 - 8:00AM
UK Regulatory
TIDMTEK
RNS Number : 1033K
Tekcapital plc
24 December 2015
Tekcapital plc
("Tekcapital" or the "Company")
Acquisition of Exclusive License to an Additional Energy
Harvesting Patent Application
Tekcapital plc (AIM: TEK), an international provider of
technology and intellectual property services, announces that it
has acquired the exclusive license to an additional energy
harvesting technology from the University of Michigan.
The patent application, entitled "Energy Harvesting from
Constrained Buckling of Piezoelectric Beams" U.S. Serial No.
62/204,695, covers additional scientific developments that have
been made subsequent to Tekcapital's initial energy harvesting
technology license from the University of Michigan announced on 29
June 2015.
The patent application will seek to protect a novel design for a
subliminal, in-shoe energy-harvesting device which may be used to
generate power from walking, running and jumping for recharging
mobile devices.
According to a recent research industry analyst report
(reference 1, below) the total addressable market for wearable
computing devices is forecast to reach up to $34.6 billion by 2020,
with a CAGR 20%. The directors of Tekcapital believe that most of
the devices in this segment could potentially benefit from portable
energy harvesting technology that generates power from human
movement. Additionally, there are currently approximately 2 billion
smartphone users worldwide (reference 2, below) who they believe
could also potentially benefit from energy harvesting
technology.
Commenting on the announcement, Dr. Clifford M. Gross, Executive
Chairman of Tekcapital plc, said:
"We believe the acquisition of the exclusive license to this
additional energy harvesting patent application further strengthens
our intellectual property position in the energy harvesting space.
Our goal is to prepare the technology for sublicensing to a major
footwear manufacturer. We are actively engaged in testing a
prototype utilising this technology and will update the market in
due course."
Cited References:
1. http://www.marketsandmarkets.com/Market-Reports/wearable-computing-market-125877882.html
2. http://dazeinfo.com/2015/05/27/internet-mobile-phone-users-worldwide-2000-2015-report/
For further information, please contact:
Tekcapital Plc +1 305 200 3450 Ext 305
Clifford M. Gross info@tekcapital.com
Allenby Capital Limited (Nominated Adviser
& Joint Broker) +44 (0)20 3328 5656
Jeremy Porter / Alex Brearley
Optiva Securities Limited (Joint Broker) +44 (0) 20 3137 1904
Jeremy King / Vishal Balasingham jeremy.king@optivasecurities.com
Walbrook PR Ltd +44 (0) 20 7933 8780
Paul Cornelius / Paul McManus tekcapital@walbrookpr.com
Tekcapital plc - The World's Largest University Network for Open
Innovation
Tekcapital helps clients profit from new, university-developed
intellectual properties. With our proprietary discovery search
engine, linked to 4,000+ universities in 160 countries, coupled
with expert scientific review, we provide a turn-key service to
make it easy for clients to find and acquire the IP they need to
create a competitive advantage. Tekcapital plc is listed on the AIM
market of the London Stock Exchange (AIM: symbol TEK) and is
headquartered in Oxford, in the UK. For more information, please
visit www.tekcapital.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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