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PureDepth Secures Base Patent in China
Friday, September 21, 2007
Awarded another key patent in South Korea bringing total to 49
Redwood Shores, CA -- PureDepth™, Inc. (OTC: PDEP), a global leader in next-generation display technologies and the pioneer of Multi-Layer Display (MLD™) technology, today announced that it has been granted a patent for its base technology in China. The Chinese Patent Office awarded the Patent, Number 98813714.3, which encompasses the core technology upon which PureDepth’s technology is developed. PureDepth’s technology is now backed by a total of 49 granted patents.
"With its large population base and growing wealth, China is one of the most important markets for consumer electronics and technology companies around the world," said Thomas L. Marcus, CEO of PureDepth. "Moreover, with China’s growing manufacturing prowess, this patent allows us to expand our manufacturing opportunities and partnerships."
In addition, PureDepth was also awarded another patent in South Korea, Patent Number 3373/2004 on a backlighting system for display screens.
PureDepth's patented Multi-Layer Display (MLD™) technology brings expanded capability to display devices of any size by layering LCD screens on top of each other and removing optical interference. Screen real estate is doubled, dynamic range is expanded, and real depth of imagery is created without the use of special glasses. It can provide eye-catching alerts by sending content from the back screen to the front.
PureDepth (www.puredepth.com) is an innovative technology company transforming the visual display experience by delivering award-winning MLD technology. Backed by 49 approved patents and over 80 pending patents, this breakthrough in visualization is the first display technology that provides Actual Depth™. The Company has a sales, marketing and distribution license agreement with Sanyo Corporation (Nasdaq: SANYY) in Japan, a worldwide licensing agreement with International Game Technology (NYSE: IGT) and business opportunities in broad consumer markets. Founded in 1999, the Company is headquartered in Redwood Shores, California, with a research and development center located in New Zealand and offices in Japan.
This press release contains certain statements that are "forward-looking statements" and includes, among other things, discussions and disclosures of the Company's expectations for the use of its technology and market for its products, and the likelihood of any resulting products to become widely accepted by the marketplace. Words such as, but not limited to, "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements. Although PureDepth believes that the expectations reflected in these forward-looking statements are generally reasonable, it can give no assurance that such expectations will ultimately prove to be correct or materialize. All phases of PureDepth's business and operations are subject to a number of uncertainties, risks and other influences, most of which are outside its control, and any one or combination of which could materially and adversely affect the results of the Company's operations, and whether any forward-looking statements contained herein ultimately prove to be accurate. Information regarding such risks and uncertainties can be found in the Company’s most recently filed annual report on 10-KSB and other filings that have been made with the SEC.
PureDepth™, MLD™ and Actual Depth™ are trademarks of PureDepth, Inc. All other trademarks and registered trademarks are the property of their respective owners, without intent to infringe.
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