Petrosonic Energy, Inc. announced the execution of a new Memorandum Of Understanding Agreement with East West Partners LLC, for its Sonoprocess(TM) and related technologies. Under the agreement, subject to completion of due diligence by both sides, the parties commit to sign a definitive Sales, Distribution and License Agreement for the territories of China, Kazakhstan and state of California, USA. The Sales, Distribution and License Agreement will be on non-exclusive basis.

The specific commercial terms will be determined in the definitive Sales, Distribution and License agreement to be signed between the parties shortly.