ATLANTA, March 30, 2010 -- Vystar® Corporation (OTCBB: VYST), the exclusive creator of Vytex® Natural Rubber Latex (NRL), a patented, all-natural raw material that significantly reduces antigenic proteins found in natural rubber latex, has filed a provisional patent application for a significant range of additional benefits associated with the use of Vytex NRL in the manufacture of foams (e.g. mattresses and pillows), dipped and pigmented products (e.g. toy balloons, gloves and condoms) and adhesives (e.g. cold-seal and pressure sensitive adhesive seals and medical bandages).
Vystar Corporation closed at $1.60 Monday, trading 5,685 shares.
Vystar(R) Corporation Files Provisional Patent Application For Recently Discovered Benefits of Vytex(R) NRL
About Vystar Corporation
Based in Duluth, GA, Vystar Corporation (OTCBB: VYST) is the exclusive creator of Vytex Natural Rubber Latex (NRL), a patented, all-natural raw material that significantly reduces antigenic proteins found in natural rubber latex and can be used in over 40,000 products. Vystar is working with manufacturers across a broad range of consumer and medical products to bring Vytex NRL to market in adhesives, balloons, surgical and exam gloves, other medical devices and natural rubber latex foam mattresses, pillows and sponges. For more information, visit vytex.com.
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NEW CASTLE, Pa., March 30, 2010 -- Axion Power International, Inc. (OTCBB: AXPW), the developer of advanced PbC® batteries, today announced financial results for its year ended December 31, 2009.
Axion Power International, Inc. closed at $1.14 Monday, trading 55,825 shares.
Axion Power Reports 2009 Year-End Results
About Axion Power International, Inc.
Axion has developed and patented a next generation energy storage device that won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion's new PbC® batteries have "the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that is not well suited to the requirements of important new applications like hybrid electric vehicles and renewable power."
Axion Power International, Inc. is the industry leader in the field of lead-acid-carbon energy storage technologies. Axion believes this new battery technology is the only class of advanced battery that can be assembled on existing lead-acid battery production lines throughout the world without significant changes to production equipment and fabrication processes. It also believes it will be able to manufacture carbon electrode assemblies in volume at low cost using standard automated production methods that are commonly used in other industries. If and when its electrode manufacturing methods are fully developed, Axion believes it will be able to sell carbon electrode assemblies as virtual plug-and-play replacements for lead-based negative electrodes used by all other lead-acid battery manufacturers. Axion's future goal, after filling their plant's lead-carbon battery production capacity, is to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry.
For more information, visit axionpower.com
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