SENSIO Obtains Key European Patents for S2D Switch Technology and Hi-Fi 3D
Collaboration with WiLAN behind first European patents granted to
MONTREAL, QUEBEC -- (Marketwired) -- 11/06/13 -- SENSIO Technologies
Inc. (SENSIO) (TSX VENTURE:SIO) announced today that the European
Patent Office has issued patent EP 2083574 relating to SENSIO(R) S2D
Switch ("S2D Switch") technology, which enables users to switch the
viewing mode of a 3D video feed from 3D to 2D and vice versa. This
European patent is the fourth to be granted related to S2D Switch
technology which is also protected by issued patents in Japan, the
United States and India. Patent applications related to S2D Switch
technology have also been filed in Canada and China.
The patent rights associated with the S2D Switch technology are
exclusively licensed to Wi-LAN Inc. ("WiLAN") for the purpose of
granting licenses to third-parties. In addition, as part of the
patent collaboration between SENSIO and WiLAN announced on September
17, 2012, WiLAN assists SENSIO with the prosecution of patent
applications associated with the S2D Switch technology in various
patent jurisdictions around the world. The granting of this European
Patent and the Japanese Patent announced on May 1, 2013 are the
direct result of the collaborative work between SENSIO and WiLAN.
"Europe is a very large market for 3DTVs, and in our view, today's
announcement significantly increases the revenue potential of the S2D
Switch program with existing and future licensees," said Nicholas
Routhier, President & CEO of SENSIO. "This is the first patent that
we have obtained in Europe, another key territory in SENSIO's IP
strategy. This not only proves our commitment to obtaining global
coverage for our intellectual property but also our ability to
protect it in key regions of the world. WiLAN is an invaluable
partner in these efforts and we are very pleased with the outcome of
this second patent prosecution."
NEW SENSIO Hi-Fi 3D RELATED PATENT
In addition to the S2D Switch patent, the European Patent Office also
issued to SENSIO on the same day patent EP 2211557 which relates to
the SENSIO(R) Hi-Fi 3D format. This patent covers the use of
complementary mosaics in merged frame formats as suggested by
standards put forth by the Moving Picture Experts Group (MPEG) and
the Society of Motion Picture and Television Engineers (SMPTE).
"With this new patent, we reassert and further protect the ownership
of our proprietary SENSIO(R) Hi-Fi 3D format in the European market,"
said Mr. Routhier. "With claims that go beyond the SENSIO Hi-Fi 3D
format, this patent further strengthens SENSIO's IP portfolio in the
field of 3D video compression, which opens up new monetization
opportunities in the future."
For further information on SENSIO and its technologies, visit
About SENSIO Technologies Inc. (SENSIO)
SENSIO Technologies Inc. (www.sensio.tv) has been leading the floor
in bringing 3D video to the consumer since 1999. Its vision,
expertise and state-of-the-art solutions, based on diversified
stereoscopic image-processing technologies, have been trusted by some
of the biggest names in the media and entertainment industries to
power numerous industry firsts, initiate new business models and
generate immediate revenue with a distinctive 3D offering.
SENSIO enables its clients to deliver the best possible 3D experience
for the end-user through a broad portfolio of products, including its
flagship, award-winning technology, SENSIO(R) Hi-Fi 3D. Through
SENSIO solutions, consumers can access - with effortless interaction
and complete peace of mind - 3D content of superior quality to common
frame-compatible formats distributed over existing infrastructure
(cable, satellite or over IP) and displayed using any existing
digital equipment (cinema, home cinema, TV, game consoles or PC).
SENSIO is listed on the Toronto TSX Venture Exchange.
SENSIO(R) is a registered trademark of SENSIO Technologies Inc.
Caution Concerning Forward-Looking Statements
Certain statements made in this press release that are not historical
facts are forward-looking statements and are subject to important
risks, uncertainties and assumptions. The results or events predicted
in these forward-looking statements may differ materially from actual
results or events. As a result, readers are cautioned not to place
undue reliance on these forward looking statements. For more
exhaustive information on these risks and uncertainties, the reader
should refer to the risk factors described in the management's
discussion and analysis of SENSIO for the quarter ended February 28,
2013. The forward-looking statements contained in this press release
represent our expectations as of the date hereof. We disclaim any
intention and assume no obligation to update or revise any
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
WiLAN, founded in 1992, is a leading technology innovation and
licensing company. WiLAN has licensed its intellectual property to
over 275 companies worldwide. Inventions in our portfolio have been
licensed by companies that manufacture or sell a wide range of
communication and consumer electronics products including 3G and 4G
handsets, Wi-Fi-enabled laptops, Wi-Fi and broadband routers, xDSL
infrastructure equipment, cellular base stations and digital TV
receivers. WiLAN has a large and growing portfolio of more than 3,000
issued or pending patents. For more information: www.wilan.com.
President & CEO
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