The device uses a bladder that does not inflate at all until about 3 atm pressure. It's pressure volume characteristic is such that it changes only about 3 lb in buoyancy from 96 feet to the surface. Thus, it is essentially rigid with constant volume. In answer to your other question, the device will not compensate for changes in buoyancy due to wet suit compression. In actual diving with a 3 mm full suit we found that you can go from 40' to the surface without having to let out air.
---------- Post added August 14th, 2014 at 02:47 PM ----------
I hope this is not utter nonsense after 5 years of development and testing!
You may find it interesting to look at our web site
Home where the technology is explained. The buoyancy change with this device during a recreational dive is small enough that the diver can control buoyancy by shifting the tidal volume. Air does not have to be put into the bladder or expelled from the bladder after an initial adjustment.
I think it is is especially useful for technical divers because they often carry equipment that varies in buoyancy, so it is not possible to know how to weight oneself precisely before getting in the water. Th constant buoyancy BCD solves this problem as it is essentially applying "negative weight" which does not vary with depth.