iVoice Technology to Commercialize its Green Technology Platforms

iVoice Technology, Inc. announced today that it has formed BGreen Innovations, Inc., a wholly-owned subsidiary, to commercialize its "green" technology platforms. The new subsidiary will contain the Company's green technology and will pursue associated developmental activities. The first technology will be used to recycle tires. Recently, iVoice announced that it had filed, a new Patent Application for a process it describes as Recycled Tire Pod with Appliance Recess Guide.

“In the short time since we decided to develop our “green” technology platform, iVoice Technology has made significant progress,” said Jerry Mahoney, CEO of iVoice Technology. “By forming this subsidiary, we believe that we will be able to accelerate development activities surrounding these programs, as we as strive to make attractive acquisitions of promising technologies. For example, recycling used or scrap tires represent a multi-billion opportunity, due to millions of tires that exist and the significant health and environmental risks they pose. In addition, we have identified several platforms that have the potential to provide solutions for significant environmental challenges that exist today.”