HENDERSON, NV, March 27, 2017 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC) has joined with Amity University of India to fully develop and demonstrate a macro business and financial model for the interlocking, intermodal transport system called Translock² (Translock Squared). Amity (http://www.amity.edu/) is India's Leading Research & Innovation Driven Private University hosting a faculty of over 4500 led by former government and corporate professionals with an extremely wide span of knowledge and experience. In cooperation with Double Crown, Amity will be responsible for the advancement and economic modeling of the Translock² system in the transportation of agricultural products to markets throughout the world.
Amity's academic leaders have pledged the full range of their resources and facilities to the Translock² project because of the very high potential it offers which is unmatched by any other commodity transport system. Double Crown management will work directly with Amity's Dr. BJP Sinha and associates to demonstrate that Translock² can transform the current macro agricultural business model to one where the small farms are able to participate in the profits of the global commodities pricing index because of the multiple benefits of the Translock² patented and trade secret technologies. India is the world's largest and highest quality producer of guar gum for multiple industries. Double Crown selected Amity University of India not only for the institution's ability to fast track industry/product specific Translock² units to the application of guar gum transport but also because of the direct access that will be obtained to one of the most lucrative agricultural markets in the world today.
Double Crown and Amity University will work in a joint research collaboration with special emphasis on improving the shelf-life of products in shipment and bringing economical advantages to all levels in the logistical supply chain. The program will incorporate specific studies and workshops centered on developing an entirely new form of transportation for agricultural commodities. Objectives will include creating better farmer knowledge and revenues through university based agricultural extension services linking pricing to the global markets with sales residuals being the financial support tool. Use of the Translock² system all along the chain of custody will be required for participation in the program.
As a key aspect of the collaborative effort, Allen Lopez, President of Double Crown, and the company's consulting team, will attend a conference to be held in India bringing together leading agricultural minds of the country along with Amity University's elite academic team to clearly validate the multiple benefits of the Translock² system. We believe that this effort will redefine the small farmer's position in the global economics of commodity pricing, not just in India but also in all the countries and continents of the world. India will serve as an ideal test and demonstration market for a new commodity shipping model based on the Translock² technical advancements. Mr. Lopez commented, "We will take this business and financial model to the global shipping markets and repeat the proven method, redefining the way commodities are stored, transported and delivered with much higher efficiencies, less spoilage, greater profits and ultimately more food and more affordable prices for the people of the world. The results of this conference will be published and made available in the near term."
About Double Crown Resources, Inc.
Double Crown Resources, Inc., is a publicly traded company in the natural resources industry. In addition to our minerals and global commodities supply business, we market the patent-pending, multi-advantage container system called Translock² (Translock Squared). This system is designed for highly efficient, economical and environmentally friendly shipment of aggregate commodities. Additionally, we hold a 100% interest in the Bateman gold and nickel prospect near Thunder Bay, Ontario, Canada. Double Crown Resources, Inc., originally founded in 2006, is based in Henderson, NV with marketing offices in Houston, TX.
Neither this press release nor any related calls or discussions constitutes an offer to sell, or the solicitation of an offer to buy, any securities.
Forward-Looking Statements
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