×

Double Crown Resources Receives Approval of Patent on Interlocking Commodity Transport System from U.S. Patent and Trademark Office

HENDERSON, NV, May 10, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), is very pleased to announce that the United States Patent and Trademark Office has issued a Notice of Allowance on the current application for the interlocking, intermodal bulk commodity transport system called Translock² (Translock Squared). The Notice of Allowance confirms that the Translock² technology meets all requirements for a U.S. Patent and that the patent is expected to issue shortly. With this patent, Double Crown Resources will have the exclusive use of this technology throughout the United States. Building off of these positive developments, Double Crown management anticipates that the international patenting efforts for Translock² will also soon be successful. In 2015, Double Crown filed an international patent application pursuant to the Patent Cooperation Treaty (PCT) to protect inventive aspects of the Translock² system in other countries. Double Crown management plans to leverage its success with the U.S. Patent and Trademark Office to quickly secure additional patent rights in various other countries, for example using Patent Prosecution Highway (PPH) agreements.

Regarding this milestone achievement, President Allen E. Lopez commented, "I am extremely proud of our Translock² design and engineering team as well as our legal professionals who made certain that every essential step in this process to obtaining the patent was performed to the highest standards on every detail. It is significant to note that the granting of this patent will come at the 60th anniversary of containerized shipping, as covered in a recent shipping industry journal article at MarineLink.com (reference link: 60th Birthday for Container Shipping) and also just when a major new global shipping alliance has been formed, as announced on JOC.com (reference link: Container shipping’s new Ocean Alliance is born). Now, with the U.S. Patent Office's Notice of Allowance in our hands, we can clearly demonstrate to the global shipping industry that Double Crown Resources will be the marketing source for the unmatched technological advantages of the interlocking, intermodal bulk commodity transport container system. Translock² will provide major cost and time savings to the world's commodity shippers across multiple industries by reducing the number of product handling and transfer steps, significantly expediting the loading and unloading of cargo, improving product security and integrity, elevating operator safety standards and protecting the environment from undesired spillage. Translock² is ready to bring all these benefits to the commercial shipping arena in 2016 and beyond."

About Double Crown Resources, Inc.

Double Crown Resources, Inc., is a publicly traded company in the natural resources industry. In addition to our minerals and global commodities supply business, we market the patent-pending, multi-advantage container system called Translock² (Translock Squared). This system is designed for highly efficient, economical and environmentally friendly shipment of aggregate commodities. Additionally, we hold a 100% interest in the Bateman gold and nickel prospect near Thunder Bay, Ontario, Canada. Double Crown Resources, Inc., originally founded in 2006, is based in Henderson, NV with marketing offices in Houston, TX.

Neither this press release nor any related calls or discussions constitutes an offer to sell, or the solicitation of an offer to buy, any securities.

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company's annual report on Form 10-K for the year ended December 31, 2014 as updated from time to time in our filings with the Securities and Exchange Commission. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services. For further information about Double Crown Resources, Inc., please refer to its website at http://www.doublecrownresources.com.


Double Crown Resources, Inc. Jerold S. Drew, CEO & Chairman of the Board 10120 S. Eastern Ave. Suite 200 Henderson, Nevada 89052 Phone: (707) 961-6016 Email: info@doublecrownresources.com

Source:Double Crown Resources, Inc.