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Tuesday, 10/02/2012 7:43:33 AM

Tuesday, October 02, 2012 7:43:33 AM

Post# of 281965
STAY POSITIVE!!
"The international patent application was filed in Geneva, Switzerland pursuant to the International Patent Cooperation Treaty. The patent application includes the essential spider-silk and transgenic silkworm technologies which the Company and University have developed cooperatively.
The technologies described in the international patent application are also the subject of the exclusive commercial license agreement which the Company recently signed with the University. The spider-silk technology defined in the application includes the product which the Company refers to as Monster Silk, as well as genetic engineering methodologies and product utilities.
"The filing of this international patent application is a major milestone for the commercialization of recombinant spider-silk and of Monster Silk most particularly," said the Company's founder and CEO, Kim K Thompson. "Now that the international application has been filed, we are in a position to move aggressively with product and commercialization ramp up. It also places us in a stronger position for corporate engagement and business development."
"The commercial license agreement which the Company signed last month with the University covers these technologies and gives Kraig Biocraft Laboratories the exclusive global right to market the products and technologies described in the patent application," continued Thompson. "We see this filing in Geneva, coupled with our license agreements with the University of Wyoming, the University of Notre Dame and our license agreement with Sigma-Aldrich, as the corner stones of our expanding intellectual property portfolio. We feel well armed as we move forward to bring recombinant spider-silk to market." Hey KIM lets ship some product!!! Bring the NOIZE!!!
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