[December 11, 2014]

eSurface® Technologies Signs Licensing Agreement with Utah Valley University

eSurface® Technologies (DBA of EarthOne Circuit Technologies Corporation, a privately-held corporation), the creator and licensor of the eSurface proprietary patented technology for applied conductive materials, today announced the signing of a technology licensing agreement with Utah Valley University (UVU), effective immediately.

The signed technology licensing agreement allows UVU to utilize eSurface's patented technology for development and education purposes within their College of Technology & Computing. The agreement, valued at $400,000, also allows UVU to publish white papers on work generated from the use of the technology and receive the commercial rights in respect to any enhancements to the intellectual property by UVU. As part of the agreement, eSurface will also work in conjunction with UVU to locate an eSurface Technologies office in the "Silicon Slopes" area of Utah.

"This agreement with eSurface allows our students and faculty the ability to work with cutting-edge intellectual property directly on our campus," explained Michael J. Savoie, Ph.D., Dean, UVU, College of Technology & Computing. "This is an opportunity to not only have hands-on experience with industry-changing technology but also allows our faculty and students to build upon the eSurface intellectual property for further enhancements in multiple applications."

"We are pleased and excited to be able to work the Utah Valley University and all their outstanding faculty and students," stated Dave Benson, eSurface Chairman and CEO. "We are in the business of providing solutions through cutting-edge intellectual property and there is no better partner than academia. After multiple meetings and discussions with the leaders at the University and in the College of Technology & Computing, it was clear that these are the types of individuals with which we would like to work."

Utah Valley University Background:

Nestled between the towering Wasatch Mountains and the shores of Utah Lake in Orem, Utah, Utah Valley University is home to more than 31,000 students. As the second largest institutions of higher education in the state, UVU offers 162 undergraduate, associate and certificate/degree programs, with graduate degrees in education, nursing and business administration. UVU is an open admissions, structured enrollment institution and serves as an important point of access to higher education within the community by providing opportunity to any student willing to perform to the university's high academic standards.

About eSurface Technologies:

eSurface® Technologies is the creator and licensor of eSurface, a proprietary patented technology that can dramatically impact the manufacturing and design segment of vast collection of industries seeking sustainable methods for embedding materials. The initial adoption of the eSurface proprietary technology by the global circuit board manufacturing industry is leading to the innovation of products previously not thought possible. eSurface Technologies (DBA of EarthOne Circuit Technologies Corporation, a privately-held corporation) is based in Carlsbad, California.

©2014 eSurface Technologies. All rights reserved. eSurface, the eSurface logo and eSurface Covaler are trademarks of EarthOne Circuit Technologies Corporation. Other company and product names may be trademarks of their respective owners.

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