Exhibit 99.1
Rubenstein
PR
212-843-8073
amazur@rubensteinpr.com
Tim Clemensen
Rubenstein
IR
212-843-9337
tclemensen@rubensteinir.com
FOR IMMEDIATE RELEASE
SULPHCO EXECUTES TECHNOLOGY TRANSFER AGREEMENT WITH INDUSTRIAL
SONOMECHANICS
COMPANY ANNOUNCES STARTUP OF SOUTH KOREAN UNIT AND INVESTOR
CONFERENCE CALL
Houston,
TX, November 15, 2007 - SulphCo®, Inc. (AMEX: SUF) (the
“Company”) announced today that it has entered
into an agreement with Industrial Sonomechanics,
LLC ("ISM"), under which ISM has granted exclusive
worldwide rights to the Company to use its patented ultrasound
horn and reactor technology
1 for
ultrasound upgrading of crude oil and crude oil fractions. In
return, ISM will receive license fees, consulting fees,
warrants to purchase 50,000 shares of SulphCo® common
stock and, should the Company exercise its option to extend the
agreement, a grant of 50,000 restricted shares of SulphCo®
common stock. The ISM probe design embodies state of the art
technology, a unique combination of prodigious power output and
high energy efficiency.
"We
are pleased to welcome ISM as an important member of
the SulphCo® team and are excited about their cutting edge
technology.” said Dr. Larry 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 the company's founders during several decades of
research in Russia. The company 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. “This unique combination
of features,” said ISM President Alexey Peshkovsky,
“is ideally suited to SulphCo's® Sonocracking™
process, which requires high ultrasonic vibration amplitudes
to efficiently alter the molecular structure of the crude oil
and crude oil fractions and large output diameters to maximize
productivity.”
1
patent pending
Several
experimental prototypes of the ISM probe design were
manufactured for SulphCo® by MWH in Germany. In a head to
head laboratory comparison, the ISM probe generated more than
three times the amplitude in horn surface moveme
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