HENDERSON, NV, Jan. 03, 2017 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC) is ready to enter 2017 with a commitment to bringing the advanced interlocking, intermodal transport system called Translock² (Translock Squared) into large scale commercial use in multiple bulk commodity handling, storage and transport roles. The company's management is confident that the major investments and achievements made over the past several years will now begin to pay off for Double Crown and its shareholders. The relationships we have established in the oil and gas industry on both the customer/buyer side, as well as the material supply side, along with the unmatched benefits of our Translock² system, have positioned Double Crown to take a significant place in the global economy, especially with the clear resurgence of the petroleum markets we are currently seeing. The agricultural industry applications for Translock² are just as promising and new projects are already moving forward.
Double Crown management is currently focusing its primary efforts on commercial employment of the Translock² system. With the Translock² initial patent regarding the interlocking mechanism now officially issued, we are in a secure position to begin commercial projects at this time. Furthermore, the additional patent applications that have been filed will ensure our future growth in multiple industries as Translock² will be the only container that includes an interlocking mechanism which translates from one container to another and mechanically discharges without the need for pneumatics. Also, Translock² is the only container designed to transport and transfer material without being connected to a rail or a truck pneumatic discharge system, making this technology not only ideal for transfer and transport, but in essence, a portable transload system, whereby materials can be stored with Translock² units acting as portable silos. Translock² can thus be employed directly at a transload, warehouse or petroleum drill site. With the series of patents now in place for interchangeable delivery systems, Translock² also meets all international shipping standards and ISO specifications.
Double Crown President Allen Lopez stated, "In the first quarter of the new year, we will be fully engaging our advisory team along with our consultants to finalize the industry-specific Translock² units now under development for coffee bean and guar gum bean transportation. Furthermore, these specialized models will be built to transfer and transport ground coffee and guar gum beans in powder form. Through the use of our unique venturi system, we can safely draw these materials using suction without causing the dust cloud that conventional pressurized pneumatics create. We believe that this and other important advantages of our system for the safe transfer of materials, including frac sand, guar gum powder, aggregates, foodstuffs, chemicals and more, will clearly show users that the Translock² container system is far superior to any others on the market today. Additionally, with seven patents on file to date, there can be no design to leapfrog over Translock² for the foreseeable future. In 2017, Double Crown will show the world that the Translock² system is a true macro logistics game changer."
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.