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MagnaDrive Acquires Patent-Dec 2014

MagnaDrive Expands Patent Portfolio

WOODINVILLE, Washington, 12/15/14 –As part of MagnaDrive’s commitment to be
the technology leader for permanent magnet torque transfer solutions we’re pleased to
announce the closing of negotiations to further expand our owned patent portfolio.

“As the number of applications for non-contact torque transfer continues to expand, we
remain committed to being on the forefront of research and development for this highly
innovative technology” commented Paul Humphreys, VP Sales and Marketing, adding,
“with this latest acquisition, we are solidifying our intellectual property position.” More
specifically, MagnaDrive has now obtained outright ownership of the key adjustable
magnetic coupler patents issued in Australia, Canada, China, Japan, Korea and Mexico as
well as patents for additional technology in China.

Compared to traditional coupling solutions, MagnaDrive’s products provide torque
transfer without a physical contact. This minimizes destructive vibrations and also helps
to reduce the amount of energy consumed due to the inherent slip associated with the
relative motion of magnetic rotors and the non-ferrous conductor assemblies integrated
into all our products.

Please visit our website for further explanations regarding MagnaDrive technology.

About MagnaDrive Corporation

Founded in 1999, in Seattle Washington MagnaDrive’s groundbreaking magnetic torquetransfer
couplings and drive technology provide highly effective means of protecting and
controlling critical equipment and processes for a range of industrial and commercial
applications. Beyond the mechanical benefits of MagnaDrive’s technology, it also has the
ability to achieve significant energy savings. MagnaDrive serves many markets, around
the world including power generation, mining, oil and gas, maritime, the U.S. Navy,
water and wastewater, HVAC, and general manufacturing.

For more information, visit the company’s Web site at www.magnadrive.com or contact
Paul Humphreys at (425) 463-4792 or phumphreys@magnadrive.com.

Please click here for the PDF

 

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