WALTHAM, Mass., May 10, 2018 (GLOBE NEWSWIRE) -- Tecogen Inc. (NASDAQ:TGEN), a clean energy company providing ultra-efficient, clean, natural gas
powered on-site power, heating and cooling equipment, has been notified by the European Patent Office of its intent to grant a
patent for Tecogen’s Ultera emissions technology. This patent will give Tecogen exclusive control over the Ultera technology in
markets in Europe where Tecogen files for national protection, including the United Kingdom, Ireland, France, and Germany, which
are markets where Tecogen hopes to commercialize the Ultera technology. This patent supplements Tecogen’s portfolio of Ultera
technology patents and patents-pending in numerous other markets, including the United States.
Robert Panora, Tecogen’s President, stated, “Obtaining patent protection in Europe for the Ultera emissions control technology
is a critical milestone for Tecogen as we continue to develop the technology and move towards commercialization, including with
European automobile manufacturers and suppliers.”
The Ultera technology has demonstrated significant emissions reductions in stationary engines, gas powered vehicles, and fork
trucks, and was the subject of a paper presented at the SAE World Congress in April. It has also recently been identified as
meeting California’s Best Available Control Technology (BACT) for stationary non-emergency engines.
“We are pleased that the European Patent Office has confirmed its intention to grant us patent protection on the Ultera
emissions control technology. The expansion of our intellectual property protection for this technology strengthens our position as
we move towards our goal of commercialization of the Ultera emissions controls technology in Europe and elsewhere,” stated Benjamin
Locke, the Company’s CEO.
About Tecogen
Tecogen Inc. designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean,
cogeneration products including natural gas engine-driven combined heat and power, air conditioning systems, and high-efficiency
water heaters for residential, commercial, recreational and industrial use. The company is known for cost efficient,
environmentally friendly and reliable products for energy production that, through patented technology, nearly eliminate criteria
pollutants and significantly reduce a customer’s carbon footprint.
In business for over 30 years, Tecogen has shipped more than 2,500 units, supported by an established network of engineering,
sales, and service personnel across the United States. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.
Tecogen, InVerde e+, Ilios, Tecochill, and Ultera are registered trademarks or trademarks pending registration of Tecogen,
Inc.
Forward Looking Statements
This press release contains “forward-looking statements” which may describe strategies, goals, outlooks or other
non-historical matters, or projected revenues, income, returns or other financial measures, that may include words such as
"believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "target," "potential," "will," "should," "could,"
"likely," or "may" and similar expressions intended to identify forward-looking statements. These statements are only predictions
and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from
those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on
these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and we undertake no
obligation to update or revise any forward-looking statements.
In addition to those factors described in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q under “Risk
Factors”, among the factors that could cause actual results to differ materially from past and projected future results are the
following: fluctuations in demand for our products and services, competing technological developments, issues relating to research
and development, the availability of incentives, rebates, and tax benefits relating to our products and services, changes in the
regulatory environment relating to our products and services, integration of acquired business operations, and the ability to
obtain financing on favorable terms to fund existing operations and anticipated growth.
Tecogen Media & Investor Relations Contact Information:
Robert Panora, President and COO
P: (781) 466-6401
E: Robert.Panora@Tecogen.com
John N. Hatsopoulos
P: (781) 622-1120
E: John.Hatsopoulos@Tecogen.com