LA COSTE, Texas — NaturalShrimp Incorporated (OTCQB: SHMP) (the "Company"), a global eco-friendly producer of shrimp grown in technologically unique indoor saltwater facilities, has filed a follow-on patent with the U.S. Patent and Trademark Office around its Recirculating Aquaculture System and Treatment Method for Aquatic Species.
This proprietary technology is patent pending and is being issued alongside the Company's technology partner, F&T Water Solutions. It supersedes and improves the Company's provisional patent originally filed in November of 2015.
This patent covers the Company's base process of growing healthful, naturally-grown shrimp, without the use of chemicals and/or antibiotics. Furthermore, this patent also covers additional species of aquaculture which may be produced in the future and allows the Company to work towards its goal of creating facilities that have a "zero footprint" on the surrounding environments.
NaturalShrimp's President, Gerald Easterling, commented, "We continue to improve our technology and processes to grow commercial quantities of shrimp in a land-based environment. We anticipate additional enhancements in the near future from our previously announced agreements." Mr. Easterling also added, "We expect to announce deployment of the prototype system based on this patent in the next few weeks at our La Coste facility."
About F&T Water Solutions, LLC
F&T Water Solutions, LLC is an advanced water treatment company specializing in electrocoagulation and chemical-free integrated technologies. F&T offers an advanced water treatment system, Variable Electro Precipitator™ (VEP™), in conjunction with other pre and post-treatment components, to provide portable and fixed-based solutions to its customers. Visit www.FTWaterSolutions.com.
About NaturalShrimp Incorporated
NaturalShrimp Incorporated is a publicly-traded agro-tech company located near San Antonio, in La Coste, Texas. It has developed and tested the first commercially viable system for growing shrimp indoors using proprietary technologies in a system that produces healthful, naturally grown shrimp without the use of antibiotics or toxic chemicals. Visit www.naturalshrimp.com.
Forward-Looking Statements
This press release may contain forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the viability of the Company's technology in the market; the Company's ability to retain key employees; the Company's ability to gain customer acceptance of its products; general market conditions; changes in operations and product strategy; and the risks and uncertainties discussed under the heading "Risk Factors" in Item 1 of our Annual Report on Form 10-K for the fiscal year ended March 31, 2016, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.
Source: NaturalShrimp Incorporated
