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NEO Battery Materials Selected to Intellectual Property Support Program by South Korean Government Organization
Selected Among 10 Recipients of the Intellectual Property Support Program Administered by Korea Invention Promotion Association Active Support to Secure Exclusi
About this update from Neo Battery Materials Ltd
[{"type":"text","content":" Selected Among 10 Recipients of the Intellectual Property Support Program Administered by Korea Invention Promotion Association Active Support to Secure Exclusive Rights and Patents with Pro-Bono Technology Consulting for Market Competitiveness and Growth Expanding IP Strategy through New Patents, PCT Application Support, and Increasing Collaborations with South Korean Battery Industry Players TORONTO, July 27, 2023 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that NBM Korea Co. has been selected as a recipient of the Intellectual Property Support Program administered by the Korea Invention Promotion Association (“KIPA”), an affiliated organization of the federal Korean Intellectual Property Office (“KIPO”). KIPA’s Intellectual Property Support Program aims to actively support small and medium-sized enterprises to establish exclusive rights and intellectual property (“IP”) to each firm’s proprietary technologies. Selected among 10 IP-based companies, NEO will receive a grant and pro-bono technology consulting to strengthen market competitiveness by implementing new R&D directions and securing indisputable patents. The program will assist the Company to further apply for the Patent Cooperation Treaty (PCT) for worldwide jurisdictional protection of NEO’s silicon anode technology. Along with KIPA’s consultants, NEO Battery Materials will strengthen the IP portfolio by patenting innovative processes, analyze competitors’ technologies to develop IP dispute mitigation strategies, and increase collaborations with EV battery industry players. Cooperating with Gyeonggi Province and Gyeonggi Technopark, the Company targets to apply for further incentives and grant programs to support silicon anode commercialization. Legal Action Against Private, Anonymous Stock Chat Users for Defamation NEO Battery is in action to pursue legal action against anonymous commenters within stock chat forums such as Yahoo Finance for alleged intentional and malicious defamation of the Company and management. NEO has assessed the content disseminated within stock forums in which private-profile, anonymized users have purportedly engaged in making false, misleading...