SENSIO Technologies inc. (“SENSIO”) TSX Venture Exchange Inc.: SIO), inventor of the SENSIO® 3D technology, announces that it has been granted its first main patent for its distribution and formatting technology of stereoscopic contents on different 2-D or 3-D screens. This patent covers the method that has been developed and marketed by SENSIO for many years and which allows the distribution of 3-D content over conventional 2-D distribution channels.
“The acquisition of this first patent is a major event in our company’s history, because it
confirms the legitimacy and solidity of our intellectual property towards studios and
manufacturers and supports our licensed business sales model. Going forward, our
customers and partners wishing to use the SENSIO® 3D technology will be able to
move ahead by knowing that they can rely on a solid basis and on a clearly defined
intellectual property, which puts us in a favorable position vis-à-vis our competitors. With
this patent in hand and the recently announced developments, we believe that we have
significantly increased our chances to become the 3-D distribution standard for the
consumer market”, said Nicholas Routhier, SENSIO’s President and CEO.
This patent, delivered by the United States Patent and Trademark Office (“USPTO”),
gives SENSIO the exclusive operating rights for its compression and decompression
method on the U.S. territory. As delivered, this patent extends beyond the home theatre
market and notably to the professional, personal computer and mobile telephony
markets. It takes effect as of the date of the filing of the application in 2003, and remains
in force for a period of twenty years. The same patent was also filed in China, Europe,
Japan, India and Canada. The acceptance of our patent by the USPTO will help us with
our current steps and we remain confident that we will obtain the certification in these
countries”, explained Nicholas Routhier.
Several Other Patents To Come
Following the patent application filing which has just been approved, a patent of addition
was filed in 2004 covering namely different applications of the technology. As the main
patent gives a certain degree of latitude, several patents of addition may be added over
time so as to protect the technology’s evolutionary aspects and thus ensure its
competitiveness. As well, three other patent applications were filed during the last six
months, and they are currently following the normal certification procedure. ‘‘As a
technological company, our intellectual property is our greatest asset and we have
adopted an approach aimed at increasing our intellectual property portfolio in order to
stay at the forefront and increase the value of our company. The acquisition of our first
patent is perceived as an important approval of our approach and we have every
confidence in our future patents’’, added Mr. Étienne Fortin, Chief Technological Officer
at SENSIO.