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DUG Cool U.S. Patent Grant

Thursday, May 27, 2021

DUG Technology Ltd (ASX: DUG) is pleased to announce receipt of the United States (U.S.) patent grant notification for its immersion cooling solution known as DUG Cool.

DUG Cool is an advanced, flexible, and modular dielectric-fluid cooling solution which reduces power consumption by up to 51%, as well as increasing the life and efficiency of computer hardware. Leveraging this innovative technology DUG designs, owns and operates some of the greenest high-performance computing facilities in the world.

U.S. Patent Number 11,026,344 will be issued on 1 June 2021 with the twenty year term running from the effective filing date until 1 December 2036. Patents for the DUG Cool technology have already been granted in Australia, Singapore, Japan and Russia with a number of other applications pending (as disclosed in the Patent Report at Section 9 of DUG's Prospectus which was lodged with ASIC on 10 July 2020, a copy of which is available on the Company's website).



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