HOUSTON, Nov. 13 /PRNewswire/ -- SulphCo, Inc. SUF (the "Company" or "SulphCo") announced today that it has exercised its option to extend the term of the license agreement (the "License Agreement") dated November 9, 2007 with Industrial Sonomechanics, LLC ("ISM") covering ISM's patented ultrasound horn and reactor technology. The term has been extended to the date on which the ISM patents expire. Under the terms of the License Agreement, ISM granted SulphCo exclusive worldwide rights to use its patented ultrasound horn and reactor technology for ultrasound upgrading of crude oil and crude oil fractions. Pursuant to the terms of the License Agreement, SulphCo will issue 50,000 restricted shares of the Company's common stock. All other terms of the License Agreement remain unchanged.
"We are pleased to continue our relationship with ISM as an important member of the SulphCo team and, by the exercise of this option, we will continue to maintain access to their cutting edge probe and reactor chamber technology," said Dr. Larry D. Ryan, CEO of SulphCo. ISM is a U.S.-based company formed in 2006 to commercialize its patented high-power ultrasonics technology, which was developed by its founders during several decades of research in Russia. ISM specializes in very high capacity industrial ultrasonic reactor systems, which incorporate powerful ultrasonic horns capable of simultaneously providing high output vibration amplitudes and large output diameters.