Intellectual Property

Technology and Intellectual Property

Regarding the cultivation of microalgae technology and intellectual property relating to the exclusive methods of the refining and processing of such algae, Seambiotic has protected itself in the form of patents.

There is still much information regarding the nature of Seambiotic that is not to be found in the patent.
Indeed, corporate, legal and physical safeguards imposed by Seambiotic are more effective in preventing exposure to competitors' modifications to any of the processes developed. The existing safeguards include:

1. The technical information supporting the process and refining is restricted to a limited number of principals on a need-to-know-bases.
2. Key founding members have a vested interest not to disclose the technology as such disclosure could result in the loss of their vested interest. With respect to employees, all will be required to sign extensive legal nondisclosure and non-compete agreements.
3. The full data of Seambiotic, separate from the patents, will be placed in a safe deposit vault. Only select individuals or principals of the Company will have access to the vaults. In case of incapacitation, the Board of Directors of Seambiotic will select additional successors in advance from within the Company to act as representatives over the Intellectual Property of the Company.

Patent Registration

The company's management team applied for Patent Registration for this technology.
This technology will enable the following:

• Significantly reducing manufacturing costs due to the exploitation of existing low cost resources.
• Superior quality Algae: their composition of proteins and fats and their low percentage of chlorophyll breakdown.
• Improve the environment by gas emissions from power stations.