Sixth Wave Innovations Inc. announced that it has been awarded a patent for its molecularly imprinted polymers for extraction and purification of metals and the uses thereof in the country of Peru. Molecularly Imprinted Polymers (MIPS) bind selectively to target molecules allowing for specific extraction and purification of the target molecule in the presence of other molecules that are not desirable. In this case, the patent targets utilizing MIPs to efficiently separating valuable metals from ore processing and waste streams. MIPS are the foundation of the IXOS product line.

Issuance of domestic and worldwide patents for Sixth Wave's technology continues to validate the uniqueness of the Company's approach to metals and mining. The real value, however, rests in reducing the ideas to practice and validating their commercial application. The fundamental scientific advancements embodied in this line of patents specifically addresses design, manufacturing, and usage of MIPs irrespective of the target metals offering broad protections and expansion of the IXOS designs to address critical metals and minerals.

Sixth Wave has already put this into practice with its IXOS-AuC polymer for gold and silver mining where the Company has completed design, validated commercial production capability, and is actively marketing the product following years of successful testing both in our laboratories and on-site at mines in many countries including Peru. Sixth Wave believes there are significant revenue opportunities for the Company's MIPS for metals purification currently sold under the IXOS brand name. This technology enables the delivery of efficient, scalable, environmentally friendly, and lower cost solutions to mining customers.