SAN DIEGO, June 3 /PRNewswire-FirstCall/ -- Helix Wind, Corp. (OTC Bulletin Board: HLXW), a global renewable energy company, announced today that in cooperation with its legal counsel, Thibault Patent Group, it anticipates issuance of a United States patent based on an application that was filed in 2007. An indication of allowability has been given for several claims thus far in the prosecution of that patent application. Accordingly, a Notice of Allowance and subsequent issuance is expected in as little as three months.
The Company has also filed related patent applications in Europe, China, India, Australia, as well as in other countries. These applications relate to the unique, modular rotor design inherent in Helix Wind products and are all pending examination.
Scott Weinbrandt, Chairman, CEO & President of Helix Wind said, "We are pleased to be working with Tom Thibault, of Thibault Patent Group, to identify, acquire, and protect our Intellectual Property assets. We are excited to learn that our United States patent application is on track to becoming a valid US patent in the near future. Intellectual property is a core attribute of the Helix brand and portfolio of small wind turbine solutions. Helix Wind turbines are known for their aesthetic appeal, performance in high winds, and capability to utilize multi-directional turbulent winds."
About Helix: Helix Wind, Corp., a global renewable energy company, is engaged in the design, manufacturing and sales of small wind vertical axis turbines designed to generate 300W, 1kW, 2.0kW, and 4.5kW of clean, renewable electricity. Additional information can be found at www.helixwind.com.
Forward Looking Statements: A number of statements contained in this press release are forward-looking statements within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results, intellectual property filings, and plans for future business development activities, and are thus prospective. These forward-looking statements involve a number of risks and uncertainties, including our ability to attract and retain management and field personnel with experience in the small wind turbine industry, our ability to raise capital when needed and on acceptable terms and conditions, our ability to execute successful completion of patent filings and the issuance of any patents resulting from our filings, the expected timing of the issuance of any patents, our ability to enforce any patents which may be issued, the intensity of competition and general economic factors. The actual results Helix Wind may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Helix Wind encourages the public to read the information provided here in conjunction with its most recent filings, which may be viewed at www.sec.gov.
SOURCE Helix Wind, Corp.