Seoul, South Korea / ACCESSWIRE / September 29, 2014 / Leo Motors Inc. (OTCBB: LEOM) has acquired global exclusivity of the breakthrough Short Circuit Prevention (SCP), and Electromagnetic Interception (EI) Technologies. The exclusivity covers all SCP and EI applications for cars and boats as well as a proprietary Electric Boat energy storage system.
The patented SCP and EI technologies were invented by TPT Co., Ltd. in Korea. TPT challenges the leadership in the electric device market by developing ultra-light, high power, higher efficiency LED lamps. It received the Gold Prize with the SCP technology in 2013 Excellent Patent Technology Awards hosted by the government agencies including Korean Intellectual Property Office (KIPO) and Korea Invention Promotion Association (KIPA).
This new technology enables LEOM to be the first company in the world offering water friendly EV and E-Boats. EI technology also protects passengers from electromagnetic radiation in EV’s and E-Boats.
The dynamic and growing demand for electric and hybrid electric vehicles is creating proliferation of batteries in excess of 300 Volts. Users of such cars are exposed to the potential of fatal electric shock accidents. E-boat power systems have traditionally presented electric shock hazards because of the proximity of water. The new technologies eliminate such dangers.
Hybrid and electric cars may be carcinogenic based on emission of extremely low frequency (ELF), electromagnetic radiation (EMR), or magnetic fields. Recent studies of such emissions do not agree on occupant risk or safety. The SCP and EI technology and Leo’s power systems eliminate both short circuits and emission of electromagnetic radiation.
SCP technology can be also used in all kinds of vessels. When ships are sinking for ocean accidents, people inside of the ships can have a better chance to escape from the ship as they can use electric light and equipment using SCP technology.
Dr. Shi Chul Kang, CEO of Leo Motors, said, "Leo now makes the safest electric power system ensuring that operators and passengers are free from both electric shock and electromagnetic radiation. We will endeavor to make SCP and EI requirements for licensing EV’s and E-Boats to prevent electric power system injuries or death." Dr. Kang added, "Leo Motors stands ready to facilitate utilization and implementation of these technologies by the automotive and marine manufacturers of the world."
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's reports and registration statements filed with the Securities and Exchange Commission.
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SOURCE: Leo Motors, Inc.