Korea Grants VoltSafe its Eighth Patent for its Flagship Technology


VANCOUVER, BC, CANADA – (November 9, 2022)
VoltSafe Inc. is excited to announce it has received a “Notice of Allowance” for its flagship technology from the Korean Intellectual Property Office (KIPO).

VoltSafe has been granted its EIGHTH patent relating to its flagship technology and currently has more than forty countries in patent pending status, which are at various stages of patent prosecution. Korea ranks fourth in the world for both patents filed and patents granted, and is a country known as one of the world’s most innovative nations. Its high R&D intensity propels it to be a global leader in the development of technology around the world.

“VoltSafe’s patented technology is the engine that drives prongless (conductive) connectors delivering safe, simple, and smart-enabled solutions. Protecting our IP enables us to optimize opportunities for licensing agreements and proliferating our technology worldwide. Societies today demand safer, ultra-convenient solutions that do more with less, saving money while also reducing GHG impact. VoltSafe tech provides the first universally adaptable (prongless) connector to pronged plugs. With more than 6 billion daily pronged plug users worldwide, IP protection of our novel technology will remain paramount,” mentioned VoltSafe’s CEO, Trevor Burgess.

In 2022, VoltSafe has taken significant strides including receiving patent grants from around the world, adding new big-box retail partners for VoltSafe Winter, and developing mission-critical prototypes which will allow potential licensing partners to visualize high power connectors that are no longer bound by pronged plug constraints.

VoltSafe’s CEO, Trevor Burgess, commented, “Our focus has always been on initial discovery and capture of utility patents relevant to our maturing technology as they typically hold higher value than design patents do. For example, if you think of a utility patent as an electric toaster, the utility (patent) of the invention is to make toast using electricity, whereas a design (patent) only relates to its design (unique look or shape).”

For inquiries or information regarding investing in VoltSafe Inc., please contact CFO, Scott Carlson, at invest@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.