Company Continues to Demonstrate Image Compression Technology Leadership With Award of New Patent
ALISO VIEJO, CA - Smith Micro Software, Inc. (NASDAQ: SMSI), a company that markets and develops a wide range of wireless software and services, announced today that it was issued U.S. Patent No. 7,184,603, "System and Method for Lossless Compression of Digital Images" by the U.S Patent and Trademark Office. The '603 patent extends to a system for lossless compression of digital images and describes a method for improving image compression by applying adaptive techniques to achieve significant compression gains over currently known methods.
"Sending and receiving high resolution images is becoming ubiquitous within the wireless market. Thus, lossless image technology is very important in order to maintain the quality of the original image," said William W. Smith, Jr., Smith Micro's President and CEO. "The issuance of this patent reaffirms our strong and growing intellectual property portfolio in the wireless and imaging markets."
The company's revolutionary JPEG image compression technology, a cornerstone of the StuffIt product line, reduces the size of JPEG photos and images up to 30% with no loss in image quality. This new image compression patent continues to establish Smith Micro as a leader in the data and image compression field.
About Smith Micro Software, Inc.:
Smith Micro Software, Inc., headquartered in Aliso Viejo, California, develops and markets wireless communication, broadband and utility software products. The company designs integrated cross platform, easy-to-use software for personal and business computing worldwide. With a focus on wireless, broadband and Internet technologies, the company's products and services enable wireless communications, file and image compression, digital image, content management and device security. Smith Micro's complete line of products is available through Smith Micro's Enterprise, Channel, OEM Sales Groups, and direct from our websites, retail and value-added resellers (VARs) partners. Smith Micro's common stock trades on The NASDAQ Global Market under the symbol SMSI.
Safe Harbor Statement: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation forward-looking statements relating to the company's financial prospects and projections, the company's ability to increase its business and the anticipated timing and financial performance of new products and potential acquisitions. 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 customers, new and continuing adverse economic conditions, and the company's ability to compete effectively with other software companies. These and other factors discussed in the company's filings with the Securities and Exchange Commission, including its filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those presented in any forward-looking statements. Smith Micro assumes no obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Smith Micro, the Smith Micro logo, QuickLink, StuffIt, Internet Cleanup and Spring Cleaning are trademarks or registered trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective companies.