Business
Intellectual Property Update
Intellectual Property Update.
About this update from Microsalt Plc
[{"type":"text","content":"\n\n\n \n6 March 2024\nMicroSalt plc\n(\"MicroSalt\" or the \"Company\")\n \nIntellectual Property (\"IP\") Update\n \nMicroSalt plc, (AIM: SALT) a company producing full-flavour, low-sodium salt for food manufacturers and consumers, is pleased to announce that it has received a Notice of Allowance from the United States Patent and Trademark Office for Patent Application No. 18/175,028.\n \nThe Patent Application entitled Low Sodium Salt Composition, concerns the production of MicroSalt, a low-sodium salt that adheres better to foods than a traditional salt (which is not adhered to a carrier particle).\n \nReceipt of a Notice of Allowance indicates that the claims in the patent application are patentable. MicroSalt expect the patent will be granted upon completion of certain administrative matters in short course. Once granted, the patent is expected to expire in 2039.\n \nThis Notice of Allowance relates to one of the 14 pending patent applications described in the Company's admission document dated 27 January 2024. MicroSalt also has counterpart patent applications with claims directed to similar subject matter as the Patent Application 18/175,028 pending in countries including China, Chile, Australia, Brazil, Europe, Canada, Japan, Russia, Mexico, India and Hong Kong. \n \nMicroSalt also owns a previously issued United States patent directed to its salt carrier product and production processes, and a United States provisional patent application directed to additional innovations.\n \nRick Guiney, CEO of Microsalt, said:\n \n\"This Notice of Allowance further strengthens our IP position in the global low sodium market whilst providing additional evidence of our thought leadership position in the battle to lower sodium consumption worldwide.\"\n \n For more information, please visit www.microsaltinc.co, follow on X @microSaltPLC or contact:\n \n\n\n\n\nMicroSalt plc\n\n\nVia Flagstaff\n\n\n\n\nRick Guiney, CEO \n\n\n\n\n\n\n\n \n \n\n\n\n\n\n\n\nZeus (Nominated Adviser and Broker) \nDavid Foreman / James Edis (Investment Banking)\nDom King (Corporate Broking), ...