HENDERSON, NV, March 07, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), a fully reporting company, is pleased to announce that the United States Patent and Trademark Office has granted our Request to Participate in the Patent Prosecution Highway Program and Petition to Make Special Under 37 CFR 1.102(a) for the interlocking, intermodal bulk commodity transport system called Translock² (Translock Squared). Building on the positive results from the examination of its existing international patent application, in which all claims were found to be patentable, Double Crown has now entered its corresponding U.S. patent application into the Patent Prosecution Highway Program, where it will be accorded special status and will receive fast-track examination procedures. In view of these positive developments, Double Crown is optimistic that its Translock² technology will soon be patented in both U.S. and foreign markets.
Regarding this important event, CEO Jerold S. Drew commented, "The management of Double Crown Resources wishes to thank the Patent and Trademark Office for this favorable decision to advance the process of securing full patent protection on our unique and original Translock² transport container system. We have worked very hard to perfect this new technology which can offer great improvements for the shipping and handling of bulk commodities in terms of efficiency, cost and time savings, environmental protection and more across many different industries worldwide. With our customers eagerly looking forward to putting Translock² to work in their operations we are very pleased that the patent process is now accelerating to the next phase."
About Double Crown Resources, Inc.
Double Crown Resources, Inc., is a public, fully reporting 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. 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.