WeSpot gets four important patents approved

WeSpot gets four important patents approved WeSpot, the Lund-based company that develops innovative applications based on the Smart Camera Platform gets four patents approved. The first official patent covers the Intelligent Intrusion Sensor and protects the actual method of the image analysis process being performed in the camera's built in processor - which eliminates the need for external computer hardware. The other three patents protect WeSpot's fundamental image analysis technology which is used for detection and tracking of objects and cover WeSpot´s primary applications: the Intelligent Intrusion Sensor, the Smart Door Opener and the NurseSensor. The patents also cover future applications in development phase at WeSpot. "We are very pleased to have obtained these patents - they prove that we have a unique image processing core technology. IPR (Intellectual Property Rights) are very important, and this is a quantum leap for us." says Lars Holmqvist, CEO of WeSpot. WeSpot is a technology company which core business is intelligent image processing applications software, based on company group ASIC- technology. Applications include the Smart Door Opener, NurseSensor, Intelligent Intrusion Sensor, face recognition for access control as well as military defence surveillance applications. WeSpot currently has 14 further patent applications pending. WeSpot is a subsidiary to C Technologies AB, the company behind the reading pen, C-Pen®. For further information, please contact: Lars Holmqvist, CEO of WeSpot AB, Phone +46 (0)733-45 14 51 Göran Asketorp, Director Patent Counsel, Phone +46 (0)46-540 11 75 WeSpot AB's business concept comprises smart cameras and sensors with built in processing power. The aim is to be the leading player within the field of smart cameras and sensors for a variety of applications. WeSpot AB was founded in 1999 and has about 30 employees in the office at the Ideon Research Park in Lund. The company is a subsidiary of C Technologies AB, with Malmöhus Invest AB, SEB Företagsinvest, CR&T Ventures, Bure Equity, Industrifonden (Swedish Industrial Fund), private persons and employees as minority owners. C Technologies is listed on the Stockholm Stock Exchange O-list (Attract 40). For more information and picture downloading visit our web site: www.wespot.com C Technologies AB (publ) is a Swedish, high tech company offering unique solutions for transmission of handwritten text from paper to digital media, scanning of printed text and intelligent camera surveillance. The basic philosophy is to adapt products and services to suit man's intuitive behavioural pattern. All the products and services are based on digital camera technology and image processing in real time. C Technologies Group presently has three trademarks: Anoto - a comprehensive paper, pen and server technology solution making it possible for the first time to connect all paper products with the endless possibilities offered by the digital world, C-Pen - a scanning pen that can store, translate and send printed text, and WeSpot - a hardware and firmware platform enabling intelligent camera surveillance. C Technologies Group today has approx. 300 employees and headquarters located in Lund, Stockholm, Boston, Tokyo and Hong Kong. Major owners are the founder Christer Fåhraeus, Capital Group and Ericsson. C Technologies' share is listed under the O-list on OM Stockholm Exchange (Attract 40). For more information: www.ctechnologies.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/03/27/20020327BIT00500/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/27/20020327BIT00500/wkr0002.pdf