Powersafe Technology Corp. (PSFT)

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NEW PATENT = GREAT NEWS PowerSafe Technology Announces Award of 5th US Patent Titled Low level Signal Detection by Semiconductor Avalanche Amplification

PARAMUS, NJ, Jun 10, 2013 (Marketwired via COMTEX) -- PowerSafe Technology Corporation (PINKSHEETS: PSFT) announced that on May 14th its wholly owned subsidiary Amplification Technologies Inc. (ATI) (www.ampti.co) was awarded U.S. Patent # 8,441,032 titled "Low level Signal Detection by Semiconductor Avalanche Amplification."
"We are very pleased with the award of our 5th U.S. patent," said Jack Mayer, President of PSFT. "It further deepens the patent protection around our breakthrough detection technology. We expect to file additional patent applications in the coming 12 months."

"PSFT's latest generation of devices, which are covered by our most recent patent, provide very high sensitivity to short wave infrared light (SWIR) without the need for cooling," said Mikhail Leibov, CEO of ATI. "Competing devices need to be cooled to about -55C degrees to achieve comparable sensitivity, which makes their use in consumer applications and many commercial applications unfeasible. We expect the superior sensitivity of PSFT's devices, coupled with the reduction in complexity, weight and energy consumption made possible by eliminating cooling, to open new horizons in imaging and night vision in both commercial and consumer applications.