×

Double Crown Resources Announces Filing for Multiple Additional Patents on Intermodal Container System to Support New Commercial Projects

HENDERSON, NV, May 17, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), is pleased to announce that after receiving the recent Notice of Allowance from the United States Patent and Trademark Office on the primary patent for the interlocking, intermodal commodity transport system called Translock² (Translock Squared), several supplemental patent applications will be filed, as advised by the Translock² legal team. These new applications will assist and speed the development of multiple Translock² commercial projects in varied industries which are being planned out at this time. Double Crown management is currently working with a team of engineers, advisors and legal experts to finalize language for the additional patents on Translock² technology. This will also assist in the current efforts to secure international patent protection via the Patent Cooperation Treaty (PCT) applications already filed for Translock².

With receipt of the Notice of Allowance approving Translock² for a U.S. patent, Double Crown management has been working with several industry leaders to perfect industry-specific containers for multiple bulk commodity products including cement, coffee beans, precious metal tailings and more. In anticipation of the positive results on patenting efforts, we have been working over the past few months to assemble an advisory group of experts in logistics, railroad engineering, bulk cargo transport, mining & minerals, the chemical industry, as well as specialized legal and patent counsel. This advisory group has more than 200 years of professional experience in key industries and will help position Double Crown in the global macro logistics marketing field with Translock². The advisory team, working in conjunction with our potential clients, will be prototyping industry-specific containers which all have the patent-approved interlocking mechanism, multiple chambers, and the unique multiple delivery system options. These are the main characteristics that make Translock² an unmatched design and qualify it as an industry game-changer. For more information we invite everyone to review the full details and capabilities of Translock² on our company website: Translock² Presentation.

Double Crown Resources President Allen E. Lopez commented, "With theTranslock² patent approval now achieved, we look forward to reporting progress with the new industry-specific prototypes that are being developed at the request of our clients. We also expect to be announcing signed contracts and orders from these clients shortly. The demands for greater efficiency, cost and time savings, enhanced safety and also environmental protection in bulk commodity transport have never been more important. The Translock² system will deliver all of these benefits to every branch of intermodal shipping and Double Crown is making every effort to offer all possible options for the global macro logistics containerization super-highway."

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.