In recognition of the importance of its past and on-going support and as part of a corporate social responsibility program, the Company has decided to pay a royalty per mattress processed world-wide to The Salvation Army. These royalties will go towards funding their operations including charitable and social enterprises.
The Innoveq patent is a full international PCT filing held by a related entity, Maddison Morgan & Bailey Limited, which as the legal owner, has granted an exclusive global licence to Innoveq including the right to use and to sub-license. This licence covers both the MRP1 Compression unit and the MRP2 De-construction units. Other exciting industry disruptive technologies are curently being developed by Maddison, Morgan & Bailey limited (www.maddisonmorganandbailey.com).