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worldnews  
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 More options Oct 6, 11:11 pm
From: worldnews <beglobalme...@gmail.com>
Date: Tue, 6 Oct 2009 20:11:51 -0700 (PDT)
Local: Tues, Oct 6 2009 11:11 pm
Subject: Clean fuel in China?
AuraSource Licenses Low-Temperature Catalytic Process

SCOTTSDALE, AZ--(Marketwire - September 21, 2009) - AuraSource, Inc.
(PINKSHEETS: ARAO), a developer of hydrocarbon clean fuel technology,
has entered into an agreement with the Energy and Environmental
Research Institute of Heilongjiang ("EERI"), a Chinese government-
owned energy research institute which is affiliated with China
Chemical Economic Cooperation Center ("CCECC"). Under the agreement,
EERI agreed to an exclusive license of EERI's patented technology in
the Gulf of Tonkin Economic and Development Area as well as Guangxi
Province.

The technology consists of extracting clean fuel, such as lightweight
fuel oil and oil dry gas, from bituminous oil shale by low
temperature
catalyzing.

Philip Liu, AuraSource's CEO, stated, "With oil shale and low ranking
coal being so prevalent worldwide, this technology will increase
yields dramatically while reducing the resultant waste water, air
pollution and residual pollution."

Cao Zhide, EERI's President, commented, "AuraSource's ability to
secure high-grade oil shale resource together with its strategic
location for processing oil shale puts it in a very unique position
to
utilize our technology. We look forward to a long-term cooperation
between our Chinese and US companies."


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