Euclid Discoveries Files 15th Patent Application
Posted by John Scally on 21st December 2005 | Permanent Link
Press Release: Euclid Discoveries, a developer of video compression enabling technologies, is pleased to announce the completion of the most recent of 15 patent filings with U.S. and international agencies.
These filings specifically cover “Apparatus and Method for Processing Video Data.” The patents stake the Euclid Discoveries’ claim to key enabling discoveries in computer vision and image understanding – technological underpinnings of future breakthroughs in video compression.
“We have spent a great deal of time and money safeguarding our discoveries with U.S. and international patent filings,” said Euclid Discoveries CEO and co-founder Richard Wingard. “Euclid Discoveries’ value – like that of most startup technology companies – is tied up in its intellectual property, and it was critical for us to vigorously protect our groundbreaking discoveries.”
The patent applications lay an intellectual property foundation for Euclid Discoveries that supports the advanced algorithmic innovations yielding unprecedented compression ratios for video. Ultimately, this technology will let users utilize mobile devices like cell phones for high-definition video conferencing, or use an iPod for storing hundreds of full-length, high-quality movies.
Twelve of these filings have been with the United States Patent and Trademark Office, and three of those twelve have been for Regular Patent Applications. In conjunction with these filings, the company has also registered claims with the World Intellectual Property Organization under the Patent Cooperation Treaty (PCT). These claims preserve Euclid Discoveries’ rights to file individual patent applications with each of the 128 PCT member states.
“Euclid Discoveries’ prides itself on being as thorough and timely in its filings as any firm in the technology space,” said Bentley Pace, Knowledge Manager of Euclid Discoveries. “In the current environment, a company’s value can be made or broken on the basis of its intellectual property protection and documentation. The stakes are high for Euclid Discoveries knowledge group, and we can accept nothing less than comprehensive protection.”
About Euclid Discoveries
Euclid Discoveries researches and develops next-generation video processing and compression technology. In order to meet consumer demand for high quality video on any video-enabled device, the company developed EuclidVision™. EuclidVision is a proprietary technology, based on the MPEG-4 standard, that will increase video compression ratios by orders of magnitude - reducing file size dramatically and removing existing bandwidth constraints for the transmission of high quality video. This technology has clear potential applications in a host of industries beyond consumer electronics and telecommunications including medical imaging, weather forecasting and image mining. Euclid Discoveries has also developed a rigorous testing environment, EuclidStudio™, to accurately evaluate video compression and quality for MPEG-4 compression technologies. For more information on Euclid Discoveries and its offerings, please visit www.eucliddiscoveries.com.