Orbite gets allowance for two patent applications in Russia and in China for its alumina extraction technology
Orbite has already been issued six patents for this same technology: two in Canada, two in the United States (the most recent on August 14, 2012), and recently added two important ones in Australia (the most recent on July 26, 2012).
"Building the Company's intellectual property portfolio is a vital part of our long-term growth potential, and we are pleased with the ongoing progress in this area. Acceptance of our patent applications in strategic countries like Russia, China and Australia where demand for alumina is high could greatly expand our licensing opportunities. It further ascertains the uniqueness of Orbite's innovations abroad" said Richard Boudreault, President and CEO of Orbite.
"It also confirms to our current and potential partners in Russia and China that the patentability of our technologies has been recognized in their countries, which will facilitate our negotiations with them," he added.
Newly Appointed Executives Orbite also announced that it is continuing to grow and strengthen its executive team by adding the following key positions to its staff:
1. Vice President, Investor Relations
2. Director, Human Resources
3. Director, Sales and Marketing
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