RCS - Active Energy Group - Award of trademarks

Active EnergyAnnouncement

15/02/2023 07:16

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230215:nRSO9255Pa&default-theme=true

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 CO(2) 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)                                 info@aegplc.com

                                Michelle Fagan (Chief Financial Officer)
 Allenby Capital Limited        Nick Naylor/James Reeve/Daniel Dearden-Williams (Corporate Finance)   Office: +44 (0)20 3328 5656

 Nominated Adviser and Broker   Amrit Nahal (Sales/Corporate Broking)
 Camarco                        Tom Huddart / Emily Hall / Lily Pettifar                              aeg@camarco.co.uk (mailto:aeg@camarco.co.uk)

 Financial PR Adviser                                                                                 Office: +44 (0)20 3757 4980
 Scoville PR                    John Williams                                                         aeg@camarco.co.uk

 US PR Adviser

 

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

                                                        @aegplc

 

About Reach announcements

 This is a Reach announcement. Reach is an investor communication service
aimed at assisting listed and unlisted (including AIM quoted) companies to
distribute media only / non-regulatory news releases into the public domain.
Information required to be notified under the AIM Rules for Companies, Market
Abuse Regulation or other regulation would be disseminated as an RNS
regulatory announcement and not on Reach.

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAGPUWPPUPWGMC