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February 19, 2008
Platinum Research Extends R&D Agreement With U. of Texas at Arlington
DALLAS, February 19, 2008/PRNewswire-FirstCall/ -- Platinum Research Organization (OTC Bulletin Board: PLRO)
(http://www.platinumresearch.com) has extended its research and development agreement with the University of Texas at Arlington (UTA)
for another year, according to company CEO
John T. (Cork) Jaeger. Platinum has been working with UTA since 2000 to develop and refine advanced lubricant additives and coatings for the
automotive and general industrial markets.
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'UTA has an outstanding group of researchers, headed by Dr. Pranesh Aswath, and the relationship has been a highly
productive cornerstone of our product research and development,' said Jaeger.
'We recently released TechroBond 280, our first product for the commercial marketplace, which was a direct result of work with our UTA R&D
team,' he said. 'Other products for automotive engine oils and greases are in advanced stages of testing. We also have testing agreements
with major corporations, which we can't detail because of nondisclosure agreements.'
The contract for 2008 continues or extends the research UTA is doing in four areas: engine oil additives, industrial grease additives,
anti-corrosion coatings for aluminum and anti-fouling paints for ships.
'Over the time that we've been working with Platinum, our relationship has grown stronger every year,' said Dr. Pranesh Aswath, professor
of materials science and engineering at UTA. 'This has been a very good relationship for UTA and our students and, I hope, for Platinum
as well. We have learned a lot from working with the company and we've achieved some significant results in our research for them.'
To date the research at UTA has led to the development of several new industrial grease products as well as several new discoveries
in anti-wear chemistries for engine oils. The research performed at UTA has resulted in the filing of seven patents on behalf of PRO.
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About Platinum Research Organization Inc. (PRO)
PRO designs, develops and commercializes patented, high performance additives for lubricants and coatings. The Company's proprietary
additive, TechroBond(TM), offers substantial economic, performance and environmental advantages over those now used. In engine oils,
TechroBond will extend the life of catalytic converters, thereby reducing harmful emissions; it increases the anti-wear performance
of industrial greases while reducing their cost; and in coatings and paints, TechroBond may replace environmentally hazardous materials.
PRO's formulations and processes are protected by a series of U.S. patents, patent applications, continuation-in-part applications and
trade secrets. The company is located in Dallas.
Trademarks: TechroBond is a trademark of Platinum Research Organization Inc. All other trademarks are the properties of their respective owners.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements about the future performance of the company, economic trends, and other forward-looking statements in
this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are
cautioned that such forward-looking statements involve risks and uncertainties, including and without limitation, continued acceptance
of the company products, increased levels of competition for the company, new products and technological changes, the company's dependence
on third-party suppliers, and other risks detailed from time to time in the company's periodic reports filed with the Securities and
Exchange Commission. The company provides no assurance regarding the actual outcome of the events contemplated by any forward-looking s
tatements included in this release and the company assumes no obligation to update any such forward looking statements.
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Platinum Media Contact:
Barbara Hyman, Hopkins & Associates, barbara@hopkinspr.com,
214-828-0066
Bonnie Stuck, Senior VP for Technology, Chem Technologies Ltd. bstuck@chemtechnologiesltd.com,
440-632-9311
Platinum Investor Relations Contact:
Charles Moskowitz, FOCUS Partners, cm@focuspartners.com,
617-633-2259
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