Iq Power AG (fka IQPOF)

[SUMADARTSON]

News Out! Chinese Authorities Grant iQ Power Another Important Patent for its Innovative Battery Technology


Patents safeguard the technology developed by iQ Power against unauthorized manufacturing and distribution on the Chinese market

iQ Power has reached another significant milestone for its innovative motor-vehicle batteries. The Chinese patent authorities have granted iQ Power a new and important patent in connection with the company’s exclusive and innovative electrolyte-mixing technology for starter batteries, which will protect this innovation on the Chinese market.

“In addition to the patent that was already awarded to protect against unauthorized marketing and distribution, this newly granted patent lets us block third parties from illegally manufacturing our innovative technology,” emphasized Charles Robert Sullivan, the CEO of iQ Power AG. This patent, which is part of iQ Power’s patent pipeline strategy, was filed for in Germany back in 2008 and submitted for approval in China in the spring of 2010. This patent protection that has been awarded for China is effective retroactively and applies into the year 2030. This is one way that iQ Power is strengthening its position in Asia as part of the international expansion strategy that it is pursuing.

China will grow to become the world’s largest automobile market in the future, and in turn one of the largest markets for starter batteries. In recent years the Chinese government has also significantly enhanced the level of patent protection to the benefit of patent holders.

iQ Power’s patented and highly effective electrolyte-mixing feature improves overall battery performance by protecting against wear, and preventing the major loss of capacity that usually occurs in starter batteries caused by acid stratification. The result is a significantly longer service life, greater cycle stability and improved battery reliability. iQ Power uses this technology in its proprietary products and also licenses its use to others.


http://www.iqpower.com/index.php?pid=1,1&id_news=954