SaltX Technology granted European solar collector patent

Nasdaq First North-Listed SaltX Technology has been granted a patent for its second-generation solar collector by the European Patent Office (EPO). It is based on the same low-cost version now being manufactured in China. The patent enables SaltX to intensify marketing of SunCool on the European market. The Solar collector stores thermal solar energy during the day and releases the heat and cold during the night.

SaltX is collaborating since long with the leading thermal solar collector manufacturer in Poland – Hewalex - who has manufactured and delivered collectors to the SunCool reference installations in both Sweden and Turkey. The core tubes with the SaltX material will be manufactured and delivered by SaltX partner in China - NSECT - and then assembled into solar collectors in Europe.

"The timing of this patent cannot be better, now we have a ready product with a full patent protection both in China and Europe. We will now intensify our marketing of SunCool in Europe, but the main focus is still on the Chinese market - where we are about to push the button for full-scale serial production.", says Karl Bohman, CEO of SaltX Technology.

The patent is already registered in Sweden and China.

For further information, please contact:
Karl Bohman, CEO SaltX Technology, phone: + 46-705 600 268

About SaltX Technology
SaltX Technology develops and sells patented energy storage technology, which is marketed under the brand SaltX ™. Customers consist mainly of major global OEM partners such as Alfa Laval, Mobile Climate Control and Rheem. SaltX Technology's share is listed on Nasdaq Stockholm First North. FNCA Sweden AB is SaltX Technology’s Certified Adviser. For more information, visit www.saltxtechnology.com.

Stockholm
2017-10-09

About Us

SaltX Technology is an award-winning company in Sweden which has developed a worldwide patented ground-breaking nano technology, storing energy in salt for an unlimited amount of time to provide heating and/or cooling. The company is primary focusing on large scale energy storage, which is required to deal with the inconsistency of renewable energy supply. SaltX´s innovation, built with nano-coated salt technology, is a circular thermal energy storage solution that provides peak shifting to energy grid providers, industrial and commercial customers. With a low cost SaltX Energy Storage is enabling the full transition to renewable energy, globally.

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