Reticle Inc. was founded as a California C Corporation in 1998, and we operate as a California C corporation. (All of our corporate documents are held in escrow by the law firm McManis, Faulkner, and Morgan in San Jose, California.) We are privately owned. Our patent law firm is Michael, Best, and Friedenrich in Milwaukee, Wisconsin. Our patent attorney is Ms. Billie Jean Smith Esq. We currently hold United States patents for the Reticle Technology (patent numbers 6,350,520 `product by process` and 6,511,645 `process` with two more patents having been notice for issue). We currently hold an Australian patent for the Reticle Technology (patent number 755842).
Reticle Carbon Revolutionizes Water Purification
Reticle’s revolutionary high surface carbon technology offers significant advantage over currently available technologies. Therefore, for most applications, the company’s competition promises to come from other companies developing high surface carbon capacitive deionization related technology. Reticle has identified two companies currently developing CDI technologies--Sybrex of San Antonio, Texas () and CDI Water Systems () of Dallas, Texas. Both companies use a high surface carbon licensed from Lawrence Livermore Laboratories called aerogel. The current surface of aerogel is approximately 400 m2/g as compared with 2,000 m2/g for Reticle Carbon. The current quoted cost for aerogel carbon is approximately $150/kg as compared with production cost of $10/kg for Reticle Carbon. Reticle currently holds a patent position that gives us a significant competitive advantage against others in the industry. It is the opinion of Reticle that any attempt to produce high surface carbon that also possesses the conductive properties of Reticle Carbon will be precluded by Reticle patents.
Leverage Manufacturing and Distribution Partners
The scope and scale of the Reticle Carbon business potential is colossal. Our business model is structured to minimize the capital intensity of the company build-out while optimizing revenue growth. We intend to develop several lines of business internally while concurrently establishing strategic alliances with industry partners who have expertise in various application specific markets. This will allow us to accelerate the penetration of Reticle Carbon into various markets. The company currently outsources the production of Reticle Carbon and will continue to do so until such time that the manufacturing volume of Reticle Carbon justifies establishing our own manufacturing capacity.
Reticle is conducting discussions with a number of companies and organizations that are especially cognizant in certain sectors of the liquids purification market. For example, in the fall of 2001, the we entered into an agreement with SaskWater, the Saskatchewan Province of Canada water company, to build and demonstrate a commercial Reticle Carbon cell for use in various venues in Saskatchewan for purifying municipal water. The test cell should be ready for onsite inspection by the fourth quarter of 2003. We believe by aligning ourselves with companies with expertise and market presence such as SaskWater, we will be able to penetrate markets much more quickly and more effectively than other alternative strategies. Reticle intends to identify and negotiate nonexclusive partnerships in segments such as arsenic removal, brackish water desalination, metals remediation, electric generator feedwater decalcification, etc. Such partnerships will contain explicit, specific performance, revenue, sales, and/or commercial emplacement guarantees as a way to accelerate commercial deployment.
In 1997, Dr. Carl Nesbitt and Dr. Xiaowei Sun created Reticle Carbon, a revolutionary new monolithic carbon material that has ultra high surface area, high conductivity, and other unique properties. Reticle Carbon exhibits extremely high surface area--2000 m2/g--as compared with previous 'best in class' materials of 400 m2/g (aerogel carbons). Importantly, Reticle Carbon is manufactured at a fraction of the cost of the much inferior high surface carbon materials presently in the marketplace ($10/kg for Reticle Carbon as compared with $150/kg for aerogel carbons). Furthermore, Reticle Carbon electrode material, which is fabricated in the form of monolithic blocks, exhibits superior conductive properties and is very easy to machine and install in commercially available equipment.
Since the initial discovery, Dr. Carl Nesbitt, Dr. Sun, and Dr. Dale Nesbitt have diligently worked to optimize the properties of the Reticle Carbon material while at the same time protecting the intellectual property rights of their technology via national and international patents, confidentiality agreements, and other measures. On February 26, 2002, Reticle Inc. was issued United States patent number 6,350,520, and there are more patents in process by the United States and international patent offices (e.g., Europe, Japan, China, UAE, Canada, Australia, and elsewhere). The patents that have already been issued and that will issue are comprehensive, covering Reticle Carbon structure, precursors, manufacturing processes, applications, and salient attributes.
Reticle Inc. has identified two initial applications in which Reticle Carbon will have high profitability and high commercial and technical impact. The first is water purification. Water purification applications range from deionizing salt-laden seawater or brackish water in which total dissolved solids (TDS) can be as high as 40,000 parts per million to minewater, groundwater, surface water, or drinking water remediation in which a pernicious ion such as arsenic or selenium, whose concentrations can be as low as 10-50 parts per billion, must be removed to avoid health consequences. A second class of initial application of Reticle Carbon is supercapacitors--capacitors with very high capacitance per unit volume or per unit mass. The ultra high surface area of Reticle Carbon enables small devices with colossally high capacitance, a capability that has been sought since the days of Michael Faraday.