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The Acta Group to Manage Worldwide Registration of Platinum Research Organization's TechroBond™

Published on 2007-08-14. Author : SpecialChem

DALLAS -- Platinum Research Organization, The Acta Group, LLC and its European affiliate, The Acta Group EU Ltd., announced that Acta has been named to manage Platinum's worldwide product approval efforts for TechroBond™. TechroBond is Platinum's revolutionary, environmentally sensitive additive that enhances the performance of lubricants and coatings. Platinum Research Organization (PRO) develops patented high-performance lubricants and coatings.

The Acta Group, LLC, a Washington, D.C., consultancy specializing in the regulatory approval of chemical products, and its European affiliate, The Acta Group EU, Ltd., are subsidiaries of Bergeson & Campbell, P.C., a Washington, D.C. law firm that specializes in industrial, specialty and agricultural chemical and medical device product approval and regulation. Bergeson & Campbell recently assisted PRO with obtaining the U.S. Environmental Protection Agency's (EPA) favorable review of F-ZDDP, a key chemical in TechroBond.

Acta had already begun efforts to register TechroBond with the United Kingdom's Health and Safety Executive (HSE). PRO and The Acta Group are also assessing how to approach TechroBond's registration under the European Union's (EU) Registration, Evaluation, and Authorization of Chemicals (REACH) legislation.

"Working with the PRO team to bring TechroBond to world markets is a very exciting opportunity for us," said Steve Green, business and regulatory manager of The Acta Group EU. "The professionals at PRO are in the midst of a formidable undertaking and they are well on their way to making it a success. Obtaining product approval in key global markets requires a commitment to a product, and the PRO team is strongly committed to TechroBond and to its commercial and environmental benefits."

"With The Acta Group heading up our efforts, our worldwide chemical product approval team is in very qualified hands indeed," said John T. (Cork) Jaeger Jr., president and CEO of Platinum Research Organization Inc. (PRO). "In fact, the qualifications of The Acta Group's professionals are second to none in the specialty chemical and oil industry. The track record of success that The Acta Group has achieved for other companies is impressive. Having The Acta Group on the PRO team will undoubtedly help us achieve our goals in short order."

The Acta Group manages products from concept to approval, utilizing the skills and experience of professionals who have worked in the specific product areas in government and industry. In addition to the considerable regulatory experience of the firm's staff lawyers, the professionals associated with the firm have extensive scientific and governmental experience, including a former assistant administrator for the EPA, a doctor of organic chemistry with more than 25 years of experience in regulatory matters in the industrial chemical community and a former U.K. HSE toxicologist, among other skilled professionals.

Platinum Research Organization Inc. (PRO) designs, develops and commercializes patented, high performance additives for lubricants and coatings. The company's proprietary additive, TechroBond., offers substantial economic, performance and environmental advantages over those now used. In engine oils, TechroBond will extend the life of catalytic converters, thereby reducing harmful emissions; it increases the anti-wear performance of industrial greases while reducing their cost; and in coatings and paints, TechroBond may replace environmentally hazardous materials. PRO's formulations and processes are protected by a series of U.S. patents, patent applications, continuation-in-part applications and trade secrets. The company is located in Dallas.

Trademarks:

TechroBond is a trademark of Platinum Research Organization Inc. All other trademarks are the properties of their respective owners.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements about the future performance of the company, economic trends, and other forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including and without limitation, continued acceptance of the company products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. The company provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release.

Source: Platinum Research Organization


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