Motion-Triggered Technology Will Benefit Security, Consumer, Business Markets
ALISO VIEJO, CA -- The Wireless & Broadband Division of Smith Micro Software, Inc. (NASDAQ: SMSI), a developer and marketer of wireless communication and utility software products and professional services, today announced that the U.S. Patent Office has allowed Smith Micro a patent for a computer-based video security system and that the patent will be issued as a matter of course. The patented technology, currently in Smith Micro's VideoLink® Pro, enables video security through motion detection in the field of view of a video camera, and offers benefits to the security industry as well as companies and individuals interested in automatic, remote video monitoring or surveillance.
Smith Micro's latest patented technology provides diverse application for the recording and/or triggering of events based on detected motion. Products in this area of technology are generally referred to as Video Security or Video Sentry applications.
"Gaining this patent not only underscores Smith Micro's expertise in advanced video security technology, but also will open our products and services to a new class of customer," said Rick Wyand, General Manager of Smith Micro's Wireless & Broadband Division. "Our goal is to leverage this patented capability through both new and existing strategic partners, creating opportunities in consumer, corporate, reseller, and OEM markets," Wyand adds.
As currently incorporated into VideoLink Pro, Smith Micro's patented motion-trigger video technology enables a variety of new security and remote-control applications and compliments the existing patent for video email (U.S. Patent No. 6,014,689). Smith Micro's VideoLink Pro is a software product that quickly and cost-effectively turns any Windows PC into a videoconferencing station over the Internet or via Local Area Network (LAN). VideoLink Mail, another Smith Micro application, allows email users to insert full video and audio into email messages. VideoLink Pro is marketed to consumers and businesses at retail, as well as to OEMs as value-added technology to other third-party products.
"Security products have gained a new level of importance and visibility in recent months. This new patent presents a significant strategic opportunity for our company," said David Sperling, Vice President and Chief Technology Officer at Smith Micro. "By incorporating motion-triggered technology into our video products we provide unique security capabilities for users in the industrial, home, military, academic, and business markets.
About Smith Micro Software:
Smith Micro Software, Inc., headquartered in Aliso Viejo, CA, is a developer and marketer of wireless communication and utility software products. The company designs integrated, cross platform, easy-to-use software for personal computing and business solutions around the world. With a focus on the Internet, Wireless, and Broadband technologies, the company's products and services enable eCommerce, eBusiness, Internet communications (voice-over-IP), video conferencing, wireless communications, and network fax, along with traditional computer telephony. Smith Micro's complete line of products is available through direct sales, retail stores, value-added resellers (VARs) and original equipment manufacturers (OEMs). Smith Micro's common stock trades on The Nasdaq Stock Market® under the symbol SMSI. For more information, contact Smith Micro at (949) 362-5800.
This release may contain forward-looking statements that involve risks and uncertainties, including without limitation risks and uncertainties relating to the company's financial prospects and projections, the company's plans for returning to profitability and the company's ability to increase in business in its Wireless and Broadband segment. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are new and changing technologies, customer acceptance of those technologies, fluctuations or cancellations in orders from distribution customers, new and continuing adverse economic conditions, and the company's ability to compete effectively with other software companies. These and other factors that could cause actual results to differ materially are discussed in the company's filings with the Securities and Exchange Commission including its recent filings on Forms 10-K and 10-Q.
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