Privacy Policy

This policy outlines Innovative Oil Shale Technology, Inc's approach to protecting the privacy of our customers, contributors and business contacts. Innovative Oil Shale Technology, Inc understands that privacy is important to you in your dealings with Innovative Oil Shale Technology, Inc.

1. What kinds of personal information does Innovative Oil Shale Technology, Inc hold and what is it used for?

1.1 The Information We Collect

Innovative Oil Shale Technology, Inc may collect personal information about its customers, contributors and business contacts in a variety of ways.

(a) Existing Customers

For customers who ask for our products and services, Innovative Oil Shale Technology, Inc will collect information about you such as your name, contact information (including your employer details and email address, if appropriate) and delivery address. This information is necessary in order to provide our customers with our products and services and to manage our customer relationships. At the time of collecting this information, Innovative Oil Shale Technology, Inc may also request information about you to assist Innovative Oil Shale Technology, Inc in identifying which of our current and future products and services may best suit your requirements.

(b) Potential Customers

Sometimes Innovative Oil Shale Technology, Inc identifies the contact details of potential customers through Innovative Oil Shale Technology, Inc's own investigation, the purchase of lists or by other promotional means. This information is collected for the purpose of advising you about our products and services which are new or which may be of interest to you. If we do collect personal information about you in this way, we will provide you with the opportunity to control how that information is used. This is discussed further in this Policy at 2.2 below.

If you are a contributor to a Innovative Oil Shale Technology, Inc publication or otherwise enter into business dealings with Innovative Oil Shale Technology, Inc, Innovative Oil Shale Technology, Inc will collect the personal information necessary to complete the relevant business transaction with you or to identify potential business dealings. This will include all personal information contained in all correspondence and agreement between you and Innovative Oil Shale Technology, Inc.

(d) Online Collection

For any existing or prospective customers or business contacts who deal with Innovative Oil Shale Technology, Inc online, Innovative Oil Shale Technology, Inc will, in addition to the information identified above, collect additional information as a result of your use of the website. This additional information may or may not identify you.

Information collected through Innovative Oil Shale Technology, Inc's online presence will include information that you voluntarily provide. It may also include the type of your Internet browser, operating system, address of the referring site. your IP address and click stream information.

2. How Does Innovative Oil Shale Technology, Inc Use Personal information?

2.1 Order Fulfilment

For customers seeking our products and services, Innovative Oil Shale Technology, Inc uses the personal information collected to provide you with our products and services. This includes administering your account with us, customer service and providing any information that you have requested.

2.2 Information about our products and services

Innovative Oil Shale Technology, Inc uses personal information of both existing and potential customers to advise you about our products and services and promotions that we conduct from time to time.

Should you wish not to be contacted in the future you should contact us by phone, fax, email or in writing.

2.3 Statistics about website usage

Innovative Oil Shale Technology, Inc may use information, including that collected through our website, for statistical purposes to improve the range of our products and services.

3. Does Innovative Oil Shale Technology, Inc give your personal information to anyone else?

Innovative Oil Shale Technology, Inc will not disclose personal information about existing and potential customers to third party contractors and service providers that help us operate our business or to provide you with our products and services.

Innovative Oil Shale Technology, Inc does not sell, lend or rent our own customer list so your individual information will always remain within our database. Innovative Oil Shale Technology, Inc may, however, release your contact information to third party service providers after either verbal or written consultation with you.

Otherwise, Innovative Oil Shale Technology, Inc may disclose information for legal reasons, for example disclosures may need to be made to law enforcement agencies, government agencies, courts or external advisers. Innovative Oil Shale Technology, Inc's policy is to only make such disclosures in accordance with the Privacy Act.

4. We ensure information quality

We will take reasonable steps to ensure that customer data is processed promptly, accurately and completely and that corrections will be made as soon as possible.

5.Access and Correction

Under the Privacy Act, you have a right to seek access to information that Innovative Oil Shale Technology, Inc holds about you. You also have the right to ask us to correct information about you that is inaccurate, incomplete or out of date.

If you wish to exercise your right under the Privacy Act to seek access to the personal information that Innovative Oil Shale Technology, Inc holds about you, we ask that you contact Innovative Oil Shale Technology, Incs Privacy Officer (the details of whom are provided below), who will explain how we will handle your access request.

In the first instance, we will generally provide you with a summary of the information we hold about you. We will assume (unless you tell us otherwise) that your request relates to our current records about you. These current records will include personal information about you which is included in our databases and in paper files, and which may be used by Innovative Oil Shale Technology, Inc on a day-to-day basis.

To provide you with access to this personal information, Innovative Oil Shale Technology, Inc would ordinarily provide you with a printout of the relevant personal information from our databases, or with photocopies of records that are held only on paper flies. If personal information about you (for example, your name & address details) is duplicated across different databases, we will generally provide you with one printout of this information, rather than multiple printouts. Ordinarily, Innovative Oil Shale Technology, Inc will not charge you for the cost of providing this type of access to these records.

For legal and administrative reasons, Innovative Oil Shale Technology, Inc may also store records containing personal information in its archives. You may seek access to the records held by Innovative Oil Shale Technology, Inc that are not current records, but if you do so, we may charge you for the cost of providing access.

If you are of the view that personal information about you is not accurate, complete or up to date, please provide Innovative Oil Shale Technology, Inc's with your request for correction (contact details are set out below). Innovative Oil Shale Technology, Inc's policy is to consider any requests for correction in a timely way.

6. Is your personal information stored safely?

Innovative Oil Shale Technology, Inc takes reasonable steps to ensure the security of personal information held by it from such risks as loss or unauthorised access, destruction, use, modification or disclosure. Innovative Oil Shale Technology, Inc takes a range of technical, contractual, administrative, and physical security steps to protect all customers information, if personal information is held on paper files it is handled in a responsible manner in a secure office environment.

7. Contacting Innovative Oil Shale Technology, Inc

If you have any questions or comments about this privacy policy or how we have handled personal information about you, please contact Innovative Oil Shale Technology, Inc:

Musa Qutub PhD
President and CEO
Innovative Oil Shale Technology, Inc
Phone (847) 297-1383
Fax (847) 824-8436
email president@iostinc.com

8. Changes to this Privacy Policy

This privacy policy may change from time to time. This policy was last updated on September 23, 2006.