MINNEAPOLIS, Feb. 13, 2015 /PRNewswire/ -- Appliance
Recycling Centers of America, Inc. (NASDAQ: ARCI), a leading
provider of appliance recycling and retailing services, today
announced that it has been granted a patent (US Patent No.
8,931,289) covering its systems, methods and techniques for
facilitating the recovery and recycling of refrigerants and oil
from refrigerators, freezers, air conditioners, and similar
appliances that contain refrigerant in their sealed systems.
Using techniques described in the patent, the system
incorporates various levels of automation to reduce the number of
human operators required during the refrigerant recovery process,
reducing the risks of operator error. Further, certain techniques
described in the patent incorporate integrated data logging to
enable reporting of events and data related to the refrigerant
recovery process.
Commenting on the issuance of this patent, Mark Eisenschenk, President and Chief Executive
Officer, said, "We are very pleased with the issuance of this
important patent, which helps ensure our core intellectual property
is properly protected. It may also provide ARCA with an increased
competitive advantage, as well as a basis for licensing
opportunities."
About ARCA
ARCA's three business components are uniquely positioned in
the industry to work together to provide a full array of
appliance-related services. ARCA Advanced Processing, LLC employs
advanced technology to refine traditional appliance recycling
techniques to achieve optimal revenue-generating and environmental
benefits. ARCA is also the exclusive North American distributor for
UNTHA Recycling Technology (URT), one of the world's leading
manufacturers of technologically advanced refrigerator recycling
systems and recycling facilities for electrical household
appliances and electronic scrap. ARCA's regional centers process
appliances at end of life to remove environmentally damaging
substances and produce material byproducts for recycling for
utilities in the U.S. and Canada.
Eighteen company-owned stores under the name ApplianceSmart,
Inc.® sell new appliances directly to consumers and
provide affordable ENERGY STAR® options for energy
efficiency appliance replacement programs.
This press release contains statements that are
forward-looking statements as defined within the Private Securities
Litigation Reform Act of 1995, including statements regarding
ARCA's future success. These forward-looking statements are subject
to risks and uncertainties that could cause actual results to
differ materially from the statements made, including the risks
associated with general economic conditions, competition in the
retail and recycling industries and regulatory risks. Other factors
that could cause operating and financial results to differ are
described in ARCA's periodic reports filed with the Securities and
Exchange Commission. Other risks may be detailed from time to time
in reports to be filed with the SEC.
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SOURCE Appliance Recycling Centers of America, Inc.