LAS VEGAS, April 12, 2016 (GLOBE NEWSWIRE) -- Centaurus Diamond Technologies, Inc. (The ‘Company’ or ‘Centaurus Diamond Technologies’ or ‘Centaurus’) (OTCPINK:CTDT).
The new Board of Directors, along with senior management at Centaurus Diamond Technologies, Inc., is pleased to announce the filing of a new utility patent for our recently acquired AIM Technology. CTDT acquired this technology from Alvin A. Snaper and Neo-dyne Corporation.
AIM Corp, the predecessor company had previously sold over 100 of the base units (Pulverized 500 pounds/per hour).
This first generation of crushing and milling machines utilizes our patented physics-based technology. In addition, we will produce larger units that can process 1, 2, 3 tons/per hour along with 20 ton/per hour unit which we custom make to specification. These units will be sold to mining and re-mineralization operations in the US and abroad.
This novel, new generation of pulverization technology uses physics-based innovation to “autogenously” process material. The technology succeeds in significantly reducing wear and tear on equipment, because there is no metal on metal contact as is the case with ball, hammer or impact mills currently used in mining and milling industries. There is also a dramatic increase in the milling capability to reduce material to as fine as 600-mesh in particle size. Due to the way the technology works, the surface area is dramatically increased by 100 times or more thus providing for greater efficiency in many industrial applications such as mining and mineral processing, waste recycling, pharmaceutical and chemical production and agricultural applications where the farming community can create “rock dust” from substrate material containing high levels of trace elements. The rollout of this revolutionary technology is in line with the overall company strategy to attain R&D benchmarks, to increase our IP Portfolio, and to create an additional revenue streams for the company.
The AIM unit is unique and different in the following ways:
- The simplicity of using and maintaining our equipment in the field reduces down time.
- The flexibility of applications regarding portability, control over particle size, and ability to operate without water in dry conditions (no liquids required) greatly enhances operating options.
- Due to the simplicity of the AIM unit’s design, these units require very little maintenance.
- The longevity and durability of performance in the field is dramatically increased.
- These units are very energy efficient and can be powered with gas, diesel, or electric.
About Centaurus Diamond Technologies, Inc. -
Centaurus has been established to fully commercialize its proprietary, cost-efficient and high-volume diamond production method to provide industrial quality diamonds. The Company's patented technology enables the production of "cultured" diamonds that are chemically, atomically and structurally identical to natural diamonds. The Gemological Institute of America has tested the Company's "cultured" diamonds and has confirmed they are diamonds according to their testing protocols.
For more information contact
Chas Radovich, President, Centaurus Diamond Technologies, Inc.
at 714-323-1110 or visit us at www.centaurustechnologiesinc.com
Safe Harbor Statement
This press release may contain certain "Forward-looking statements" relating to the business of Centaurus Diamond Technologies, Inc. and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Source:Centaurus Diamond Technologies, Inc.