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Euclid Discoveries is Granted 1st Patent from The United States Patent and Trademark Office
Wednesday, May 02, 2007
Concord, MA -- Euclid Discoveries, a developer of video compression enabling technologies, is pleased to announce that it has been recently awarded U.S. patent number 7,158,680. The patent was granted for an "apparatus and method for processing video data." The patent stakes Euclid Discoveries' claim to key enabling discoveries in computer vision and image understanding -- technological underpinnings of future breakthroughs in video compression.
According to the U.S. Patent & Trademark Office: "The invention provides a representation of video data that can be used to assess agreement between the data and a fitting model for a particular parameterization of the data ... This allows the comparison of different parameterization techniques and the selection of the optimum one for continued video processing of the particular data ... (The) invention can be used in processes for storage, enhancement, refinement, feature extraction, compression, coding, and transmission of video data."
Euclid Discoveries' CEO and co-founder, Richard Wingard, responded to the patent grant by stating, "We are pleased that the U.S. patent office agrees that Euclid Discoveries' video processing method is indeed groundbreaking, and deserves intellectual property protection. Our first patent includes 10 foundational claims that provide the basis for all our subsequent patents and establishes our ownership of the space."
Euclid continues to advance its video compression technology and to date has filed twenty-five additional patent applications with the USPTO and key international agencies. These patents cover both the technical and business applications of Euclid's proprietary video compression system. 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.
About Euclid Discoveries
Euclid Discoveries researches and develops Computer Vision and Pattern Recognition technologies representing the next-generation video processing and compression technology. In order to meet consumer demand for high quality video on a multitude of devices, the company developed EuclidVision™. EuclidVision is a proprietary technology, which will increase video compression ratios by an order of magnitude -- reducing file size dramatically and removing existing bandwidth constraints currently blocking the ubiquitous transmission of high quality video. This technology has clear potential applications in a host of industries beyond consumer electronics and telecommunications including surveillance, and image mining. For more information on Euclid Discoveries, please visit http://www.eucliddiscoveries.com.
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