MONTREAL, QUEBEC and OTTAWA, ONTARIO -- (Marketwired) -- 05/01/13 -- SENSIO Technologies Inc. (SENSIO) (TSX VENTURE: SIO) announced today that the Japanese Patent Office has issued patent 5230892 relating to SENSIO's S2D Switch ("S2D Switch") technology which enables users to switch the viewing mode of a 3D video feed from 3D to 2D. This Japanese patent is the third SENSIO patent to be granted worldwide in relation to this technology. SENSIO's S2D Switch technology is also protected by several other issued and pending patents in Canada, China, Europe and India.
The patent rights associated with the S2D Switch technology are exclusively licensed to WiLAN 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 the certain patent jurisdictions around the world.
"The issuance of this patent demonstrates SENSIO's dedication to protect and promote its various technologies around the world. Japan is a promising market for our various technologies and we therefore take steps to ensure that we have the optimal intellectual property protection strategy in this market," said Nicholas Routhier, President and CEO, SENSIO. "This success also reflects upon the good collaboration between SENSIO and WiLAN. Our continuing work with WiLAN on licensing and prosecution matters signals the seriousness with which we take the protection of intellectual property."
"We are pleased that the Japanese Patent Office has granted this key patent and that we were able to assist our partner SENSIO to achieve this important milestone," said Jim Skippen, President & CEO, WiLAN. "Obtaining patent protection in Japan expands the available licensable market for the S2D Switch technology and demonstrates our ability to help our partners manage their patent portfolios to increase future licensing potential."
For further information on SENSIO and its technologies, visit www.sensio.tv
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® 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® is a registered trademark of SENSIO Technologies Inc.
This news release contains forward-looking statements that reflect the company's expectations with regard to future events. Actual events could differ significantly from those anticipated in this document.
WiLAN, founded in 1992, is a leading technology innovation and licensing company. WiLAN has licensed its intellectual property to over 265 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.
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.
President & CEO
SENSIO Investor Relations
Strategic Advisor, Capital Markets
Director, Investor Relations
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