China Grants Patent for VoltSafe’s Flagship Technology; VoltSafe’s Fifth Patent Granted


VANCOUVER, BC, CANADA – (February 9, 2022) – VoltSafe Inc. is pleased to announce that it has received a “Notice of Allowance” from the Chinese Patent Office (CNIPA), granting VoltSafe its 5th patent relating to its flagship electrical connector technology.

This newly-minted patent granted by the CNIPA is part of VoltSafe’s execution strategy to secure and protect its novel electrical connector technology through high value “IP land grabs”. This key milestone also unlocks new potential upside for VoltSafe technology (in a market that currently has almost 1.5 billion residents), while simultaneously creating a moat that serves to lock out competitors from selling and/or manufacturing in China without the prior approval/partnership with VoltSafe.

Receiving the granted patent in China moves VoltSafe’s other global patent applications (currently at various stages of examination) closer to “Patent Granted” status, accelerating VoltSafe’s vision of global electrification with its novel, future-focused electrical connector technology.

Commenting on the significant milestone, VoltSafe’s CEO Trevor Burgess, stated, “This patent represents the robust backbone of our plug technology and for VoltSafe to advance our products and projects globally it is dependent upon critical milestones like this one. VoltSafe’s innovative technology has the very real capability to make plugging in (at our homes or at work) inherently safer, smarter and more accessible to users around the world. It will also play a key role in energy (supply & demand side) management, advanced smart home capabilities and smart city infrastructure.

The year ahead is expected to include significant announcements, including multiple product launches, new projects and partners and expanded licensing relationships. The future is certainly bright for the company and its key stakeholders.

Investors interested in learning more about the company’s global vision should contact VoltSafe CFO, Scott Carlson, by email at scott@voltsafe.com.

 

 

About VoltSafe Inc.

Fearless creators, obsessed with progress, VoltSafe Inc. is changing the way people connect to power. Headquartered in Vancouver, BC, the Canadian tech startup has reinvented the electrical plug by eliminating prongs, adding magnets and an “electrical fingerprint”. Using patented technology, VoltSafe has created the world’s safest, simplest, and smartest plug design since electricity came into homes more than 140 years ago. In 2018, VoltSafe successfully pitched on CBC’s Dragons’ Den, receiving three offers above ask and won the BC Cleantech Newcomer award at GLOBE Cleantech 2020 along with other accolades to date. The company’s first certified product to market, VoltSafe Winter (a magnetic extension cord for engine block heaters), is on store shelves in numerous big box retailers across Canada and the USA. The company’s product pipeline includes magnetic plug replacement solutions for household, commercial, industrial, marine, electric and autonomous vehicles, emergency services, data centres and more.