Royalty Report: Engines, Machinery, Transportation – Collection: 27524

License Grant

The Licensing and Joint Development Agreement provides for the grant by the Company a ten-year non-exclusive license for the Company's motor assisted turbocharger technology for the territories of Asia and Europe.

Field of Use

This agreement pertains to the design and development of air changing technology that enhances the performance of internal combustion engines.

License Grant

Japanese Licensee is desirous of obtaining a non-exclusive license from Licensor on a number of patents in the field of electrically assisted turbochargers, and additionally engage Licensor to fabricate four prototype units as required together with system know-how and specifications about the design, electric motors and electronic components with parts lists and supplier information.  The scope of this agreement is for licensing and development of motor assisted turbochargers and does not include a generator mode for producing electricity from the turbocharger.

Licensor hereby grants Licensee the non-exclusive right to use the registered  trademark Dynacharger(TM).  Licensee has no obligation to use this trademark on  its motor assisted turbochargers.

License Property

Licensee is desirous of obtaining a non-exclusive license from Licensor on a number of patents in the field of electrically assisted turbochargers, and additionally engage Licensor to fabricate four prototype units as required together with system know-how and specifications about the design, electric motors and electronic components with parts lists and supplier information.

The patents hereby licensed on a non-exclusive basis are all the patents issued or to be issued and effective in the Territories during the term of this License Agreement and corresponding to the following U.S. patents.

a. U.S. Patent  No. 5,560,208  Issued  10/01/96
   Motor Assisted Variable Geometry Turbocharging  System

b. U.S.  Patent  No. 5,870,894  Issued  02/16/99
   Motor Assisted Supercharging Devices For Internal Combustion Engines
  c. U.S.  Patent  No. 5,605,045  Issued  02/25/97
   Turbocharging System With Integral Assisting Electric Motor And Cooling System Therefore

d. U.S.  Patent  No. 5,025,629  Issued  06/25/91
   High  Pressure  Ratio  Turbocharger

e. U.S.  Patent  No. 5,094,587  Issued  03/10/99
   'Turbine  For  Internal  Combustion  Engine  Turbochargers'

f. U.S.  Patent  No. 5,906,098  Issued  05/25/99
   Motor  Generator Assisted Turbocharging System For Use With Internal
   Combustion Engines,  And  Control  Method  Therefore

g. U.S.  Patent  No. 4,565,505  Issued  01/21/86
   Combination Flow Turbine For Internal Combustion Engine
   Turbochargers

h. U.S.  Patent  No. 5,857,332  Issued  01/12/99
   Bearing System For Motor Assisted Turbochargers For Internal
   Combustion Engines

Field of Use

Licensee is in the business of manufacturing and sales of turbocharging systems in primarily the automotive industry.

License Grant

The Company granted the Licensee an exclusive worldwide license under Patent and Proprietary Rights and Turbodyne Improvements and trademark rights identified, with the right to sublicense, to make, have made, use and sell products incorporating the Technology.

License Property

'Licensed Products' shall mean an electrically assisted charge air product or other engine product, including electrically assisted turbochargers and turbochargers employing an electric motor / generator for power assist / take-off, within the scope of any one or more claims of the Licensed Patents.

Technology relates to Turbopac(TM) product lines.  Turbopac applies technology similar to the Turbodyne System to make combustion more efficient in both turbocharged and non-turbocharged gasoline and diesel engines by optimizing the air to fuel ratio. The Turbopac products are designed to provide an air boost into the engine in- take manifold during the acceleration phase. Testing to date indicates that Turbopac extends the benefits of the Turbodyne System of increased engine power, reduced fuel consumption and reduced emissions to non-turbocharged vehicles. Turbopac employs a high speed, electronically controlled brushless electric motor which runs continuously once the engine has started, providing positive air intake pressure to optimize the air to fuel ratio. Turbopac essentially serves as an electronic supercharger. Turbopac can also be installed on turbocharger equipped engines. Unlike the Turbodyne System, Turbopac can be installed without the need for precision machining of a turbocharger. The Company believes that the most significant aspect of Turbopac is that it allows Turbodyne Systems to target much larger international markets because of its ability to be installed on non-turbocharged engines.

License Grant

The Licensor entered into a Joint Venture Agreement with the Licensee.  The Licensee will provide 100% of the capital and labor to build military grade engines based on the Registrant’s Dyna-Cam engine design.

Concept of the Dyna-Cam engine could be modernized, upgraded, re-engineered and converted into the much sought after multi-fuel engine for military needs.

Under the terms of the Agreement,  the Licensee agreed to utilize its expertise to develop the engine; however, the Licensor automatically acquired all rights to any patentable and proprietary technology as well as the know-how that emerges.

This agreement grants the Licensee the exclusive right to sell the Axial Vector digital engine to the United States military and all militaries of NATO countries. The Agreement was later amended to expand the exclusive right granted to the Licensee to include the military of the United Arab Emirates and the GCC.  The intellectual property rights for a unique, axial cam-drive, free piston, internal combustion engine for further develop, produce, and sell this engine primarily for aircraft and marine applications.

License Property

Concept of the Dyna-Cam engine could be modernized, upgraded, re-engineered and converted into the much sought after multi-fuel engine for military needs.

Under the terms of the Agreement,  the Licensee agreed to utilize its expertise to develop the engine; however, the Licensor automatically acquired all rights to any patentable and proprietary technology as well as the know-how that emerges.

This agreement grants the Licensee the exclusive right to sell the Axial Vector digital engine to the United States military and all militaries of NATO countries. The Agreement was later amended to expand the exclusive right granted to the Licensee to include the military of the United Arab Emirates and the GCC.  The intellectual property rights for a unique, axial cam-drive, free piston, internal combustion engine for further develop, produce, and sell this engine primarily for aircraft and marine applications.

Field of Use

The Licensee will provide 100% of the capital and labor to build military grade engines based on the Registrant’s Dyna-Cam engine design.

License Grant

The Licensee entered into an agreement with its President that involved patents to proprietary technology for a device known as the Natural Resources Fuel Reformer (Cracker) , which claims to reduce harmful emissions from internal combustion engines.

License Property

The Cracker, which has been represented to the Company as a device that when added to an internal combustion engine, will save fuel and add longevity to the car's engine.

Field of Use

The rights granted apply to the emissions market relating to engines.

License Grant

The parties have agreed to enter into this Agreement to reflect the sale by the Inventor, executive officer, of the Technology involving the Patent.
The Inventor hereby sells, assigns and transfers to the Company effective at closing, all of his right, title and interest in and to the Technology free and clear of all liens, charges, encumbrances and security interests.

License Property

The Inventor is the owner of a technology for optimizing airflow to internal combustion engines to create more power and inventions utilizing the Technology that are the subject of United States Patent No. US 7,849,840 – Electric Motor Assisted Mechanical Supercharging System.