LONDON, Sept. 21, 2010 (GLOBE NEWSWIRE) -- Flex Fuels Energy, Inc. ("Flex" or the "Company") (OTCBB:FXFL) notes the announcement below made today by its subsidiary, the WDX Organisation Ltd.
21st of September 2010, London: WDX Organisation Ltd., the owner and distributor of the real time Wocu™ world currency unit quotation, announces that it has submitted a new International Patent Application No. PCT/EP2010/063252 for a computer-implemented global currency determination using a unique World Currency Unit Algorithm.
This complements the patent application to the United States Patent and Trademark Office filed in September 2009 designed to protect WDX's computer implemented method for determining the value of a global currency unit using real time currency values and Gross Domestic Product data published by the International Monetary Fund to weight those values to evaluate the Wocu™.
About Flex Fuels Energy, Inc.
Flex has two majority owned UK subsidiaries: Bio-AMD (), a technology developer for medical diagnostic devices; and the WDX Organisation Ltd, the owner of the Wocu™, a global currency data reference source for application in financial markets. ().
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CONTACT: Flex Fuels Energy, Inc. Tom Barr, CEO +44 (0)8445 861 910