ObjectVideo Enters into Global Patent License Agreement with Panasonic System
RESTON, Virginia, Jan. 9, 2013
RESTON, Virginia, Jan. 9, 2013 /PRNewswire/ -- ObjectVideo, Inc. announced
today the signing of its eighth patent licensee, Panasonic System Networks
Co., Ltd. of Tokyo, Japan. ObjectVideo has granted Panasonic System Networks a
worldwide, nonexclusive, royalty-bearing license to its entire intellectual
property portfolio, which includes access to patents relating to broader video
and image manipulation, segmentation, video meta data, indexing, search,
tripwire and next generation intelligent occupancy sensors.
(Logo: http://photos.prnewswire.com/prnh/20130109/PH39430LOGO )
"We continue to see an increased demand for accurate, easy-to-use analytics in
the video surveillance sector," said Raul Fernandez, chairman of ObjectVideo.
"As an early inventor of such fundamental technologies, ObjectVideo is pleased
to offer our partners access to our intellectual property through our
In 2012, ObjectVideo signed portfolio-wide, global patent licensing agreements
with Bosch, Pelco by Schneider Electric, Sony Corporation, Tyco Security
Products' American Dynamics business unit and VIVOTEK. Seven of the top ten
worldwide manufacturers of video surveillance cameras and devices are
About ObjectVideo, Inc. ObjectVideo is a leading innovator of intelligent
video software, utilized by organizations worldwide to enhance security,
streamline operations and provide business intelligence. ObjectVideo's
patented technology can be effectively deployed anywhere within a video system
and is available to market through leading providers as a high-value component
of the surveillance solution. For more information, please visit
Media Contact: Edward Troha, Managing Director ObjectVideo, Inc.
Press spacebar to pause and continue. Press esc to stop.