BENSALEM, PA--(Marketwired - Gyrotron Technology Inc. (PINKSHEETS: GYTI), developer of innovative industrial technologies, has filed a provisional patent application for a new technology for glass tempering, one of the primary methods of producing safety glass. The technology utilizes the gyrotron, a very powerful source of high frequency microwave energy. Most safety glass is produced by tempering and/or by laminating. Tempered glass is used extensively in the automotive and construction industries.
Potential advantages of GYTI's technology include:
1. a very significant reduction in energy usage
2. the opportunity to heat temper thinner glass than can be heat tempered with legacy technology
3. elimination of certain surface distortions (waving), thus improving suitability for new applications.
"We are very pleased with the opportunity to address the huge market for tempered glass with a process that could result in very significant energy saving," said Dr. Vlad Sklyar, President of GYTI. "This technology, together with our proven and patented technology for laminating glass, makes GYTI the destination of choice for safety glass technology."
About Gyrotron Technology - OTC:GYTI
GYTI develops and markets unique industrial technologies to a broad range of industries, including glass, semiconductor and food. Most of these utilize the gyrotron, a very powerful source of high frequency microwave energy. These technologies open new horizons, substantially enhancing productivity and cutting costs by, among other things, applying heat in a dramatically more efficient and effective manner than is possible with legacy technologies.
Forward-Looking Statements
This release and the materials referred to herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of GYTI. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties inherent herein and in publically available information on GYTI. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
