Tallahassee, FL 3/29/12 (StreetBeat) -- BeesFree, Inc. (OTCBB:BEES) today announced that the Company has filed a Technology Patent with Italian authorities regarding its innovative technology that aims to mitigate the effects of and potentially serve as a cure for Colony Collapse Disorder (CCD).Honeybees have been mysteriously disappearing across the planet more and more frequently, vanishing from their hives. Known as Colony Collapse Disorder, this phenomenon has created a crisis within in the beekeeping community, a critical industry responsible for a majority of the world's fruit and vegetable production. Bee pollination is responsible for $15 billion in added crop value, particularly for specialty crops such as almonds and other nuts, berries, fruits, and vegetables.
BeesFree's patent-pending formula and delivery system are presently the only integrated solution available to combat the known effects of CCD in a global market whose size measures between $2 and $3 billion.
This patent filing will be valid for all countries that belong to the Patent Cooperation Treaty (PCT). The PCT is a treaty that makes it possible to seek patent protection for an invention simultaneously in each of a large number of countries by filing an "international" patent application. A list of participating nations of the PCT, referred to as "contracting nations," can be seen here.
Barzano & Zanardo, the leading Intellectual Property Right (IPR) law firm in Italy, represents BeesFree's for the patent filing process. The application will be forwarded to the WIPO (World Intellectual Property Organization) in Geneva, Switzerland.
"This marks a very important milestone for our company which will allow us to increase our sales and marketing efforts in several nations. Because our technology is designed to be effective in combating CCD on a global scale as honeybees' physiology and behavioral patterns are quite similar across different environmental and climatic conditions, we expect to experience great demand for our products worldwide. With the filing of this patent for all PCT nations, we are an important step closer to being the leading provider of products to fight and potentially eliminate the multibillion dollar worldwide problem of colony collapse disorder," commented Mario Sforza, BeesFree's CEO.
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