VerifiedOil and Gas· Founded 1990

Parallel Energy Inc

The monetization of an innovative new technology for clean, sustainable, energy. Caribbean Business newsweekly called him "Puerto Rico's Magnetic Wizard" in a Special Report. So just what is "parallel energy"? Elberto Berdut's innovative, patented, technology is based on the interaction between permanent rare-earth magnets and aluminum or copper, producing a chemical reaction that accelerates the electrons of the aluminum or copper and creating heat. Temperatures reaching hundreds of degrees Celsius and. seeming to contradict the laws of physics. efficiencies of 1 to 2 are achieved. In other words, for every watts of energy consumed, this revolutionary technology produces watts of heat. The energy savings is 50 to 60%. The applications are many: home heating, water heaters, dryers, drying coffee and cocoa beans, heat for electric vehicles, the dehydration of food and innumerable other industrial uses, among others. The marketing of our revolutionary Parallel Energy technology will be effected through the sale of rights for the life of the patent, either via exclusive or partial rights, by countries or specific zones for each use or application. We will produce actual functioning prototypes or graphic simulations, always guaranteeing the efficiency and performance of each device to ensure the quality of the rights offered. The sale of patent rights will primarily be made to industrial corporations; royalties and commissions will be required from the sale of each appliance as well as spare parts and a participation in any resale of rights to other interested parties. Parallel Energy Inc, is willing to partner with serious brands and entrepreneurs having the capacity to develop new appliances featuring the quality required by consumers. We are open to evaluating proposals, new ideas and will continue this revolutionary research in our laboratory and workshop for the benefit of consumers and our new associates. PUERTO RICO INVENTOR OF “PARALLEL ENERGY” SIGNS COSTA RICA DEAL FOR PRODUCTION OF INNOVATIVE HEAT-GENERATION EQUIPMENT SAN JUAN, PR – Multi-patent holding inventor Elberto Berdut-Teruel and his Puerto Rico-based Berdut Magnetic Technologies have signed an agreement with Costa Rica’s COBYBSA Constructora Industrial giving COBYBSA the regional rights to develop, manufacture and market commercial coffee, cacao and grain-drying equipment utilizing Berdut’s patented new “Parallel Energy” technology. The agreement, signed simultaneously on Sept. 12, 2018 in San Juan and Heredia, Costa Rica via internet connection, grants exclusive rights to COBYBSA for Berdut’s new energy-saving heat-generation technology in Costa Rica, Cuba, the Dominican Republic, Guatemala, Honduras, Jamaica, Mexico, Nicaragua, Panama and Puerto Rico. The agreement includes the fabrication of a prototype coffee/cacao dryer using Berdut’s “Parallel Energy” technology with an initial capacity of 250 pounds. The prototype will be used for validating performance as well as for informational and promotional purposes and further development of the technology.

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HeadquartersSan Juan, United StatesEmployees1(11 to 50)Founded year1990Websiteberdutparallelenergy.comLinkedIn profileLinkedIn

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