Clean Seed Capital Files Worldwide Patent Application Expanding IP Portfolio



Clean Seed Capital Group Ltd.

Vancouver, British Columbia / TheNewswire / April 11, 2017 - Clean Seed Capital Group Ltd. (“Clean Seed” or the “Company”) (TSX-V: CSX) has submitted an additional worldwide patent application under the Patent Cooperation Treaty (PCT).  This new patent application contains several new proprietary technologies developed by our research and development team to continue the rapid expansion and advancement of our technology portfolio. Once successful, the granted patents will further broaden the protection of the Company’s diverse technologies, while also extending the life of the patent protection for its existing SMART Seeder™ and SMART Planter™ technologies by three years. All activities related to the PCT are coordinated by the World Intellectual Property Organization.

 

Graeme Lempriere, Chief Executive Officer of Clean Seed, states “Filing an international application under the PCT has the same effect as filing a national patent application in each member country where an applicant desires patent protection. Our original Smart Seeder patents are advancing to issuance without conflict and we are confident that this additional application will successfully broaden our protection and extend the patent life of our Smart Seeder. We remain committed to ongoing technology development to advance our Company’s technological advantages and to continue to position Clean Seed as leaders in the smart agriculture movement.”

 

About Clean Seed Capital Group Ltd.

The common shares of Clean Seed Capital Group Ltd. are listed on the TSX Venture Exchange and trade under the symbol "CSX". Clean Seed is at the forefront of an agricultural shift to unparalleled high definition seeding technologies.

 

Clean Seed has developed an advanced precision no-till seeding system comprising several individually patented technologies, including in-ground openers, proprietary seed and fertilizer metering, and electronic control systems. Our most recent ground breaking achievement is also our most advanced and innovative to date: the award winning CX-6 SMART Seeder™, which is an industry first!

 

The ground-breaking CX-6 SMART Seeder™ creates a new niche within the large-scale farm equipment market.

 

For further information please contact Clean Seed at 604-566-9895 and visit our website at http://www.cleanseedcapital.com.

 

ON BEHALF OF THE BOARD

“Graeme Lempriere”

President, CEO

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

This press release is not an offer or a solicitation of an offer of securities for sale in the United States.  The common shares of Clean Seed Capital Group Ltd. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This news release includes certain “forward-looking statements” as defined under applicable Canadian securities legislation.  Forward-looking statements herein include, but are not limited to, statements with respect to the future manufacture and sale of equipment. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, there is no assurance the manufacturing and sales targets outlined herein will be met; and readers should not place undue reliance on forward-looking statements.  Clean Seed disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.