Beyond Tobacco Patent Filing Advanced to Nonprovisional Status with Enhanced Scope of Protection - Seite 2

The Company’s nonprovisional patent application filed this week has revised the initial claims to seek an enhanced scope of protection in the tobacco industry at the advice of its patent attorney Edmond DeFrank (announced in a press release dated January 15, 2021), who has written and prosecuted more than 1,000 patent and trademark applications for clients to include Microsoft, Hewlett-Packard, IBM, and NASA. These changes to the claims include details regarding the flavour elements of Beyond Tobacco as well as an expanded range of materials which can potentially be used for this purpose.

TAAT Chief Executive Officer Setti Coscarella commented, “The intellectual property protection afforded by a patent on the Beyond Tobacco base material of TAAT could improve our competitive position in the tobacco industry. Aside from the fact that it would be more difficult for competitors to imitate our product, it would be more practical for us to manufacture Beyond Tobacco using third-party producers instead of producing only in-house, which we currently do because the process is a trade secret. We are pleased to have advanced this process in line with standard timeframes for U.S. patent applications, and we look forward to undertaking the steps to finalize this patent which we believe can strengthen TAAT as a competitive product and a uniquely better choice for smokers aged 21+.”

Sources

1 - https://www.pmi.com/media-center/press-releases/press-release-details/ ...

2 - https://www.jti.com/sites/default/files/default/files/press-releases/d ...

On behalf of the Board of Directors of the Company,

TAAT GLOBAL ALTERNATIVES INC.

“Setti Coscarella”

Setti Coscarella, CEO and Director

For further information, please contact:

TAAT Investor Relations
1-833-TAAT-USA (1-833-822-8872)
[e-mail]

THE CANADIAN SECURITIES EXCHANGE (“CSE”) HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE, NOR HAS OR DOES THE CSE’S REGULATION SERVICES PROVIDER.

About TAAT Global Alternatives Inc.

The Company has developed TAAT, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties. TAAT's base material is Beyond Tobacco, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with "Big Tobacco" pedigree, TAAT was launched first in the United States in Q4 2020 as the Company seeks to position itself in the $814 billion¹ global tobacco industry.