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IVISYS granted official US patent for ultra-high-speed object recognition and tracking process

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IVISYS announces that the US Patent and Trademark Office has issued an official approval of the company's patent ‘Method and Device for Parallel Processing of Images’. Patent no. 9,020,297 covers a unique and ultra-high-speed process for image processing regarding recognition and positioning of objects, which is applicable in all kinds of image processing, including many applications beyond the industrial vision systems market. The patent has been approved in the US without any remarks during the application process, which indicates the patent’s height regarding novelty and that the patent stands out compared to other patents covering comparable processes. The patent has been approved in Denmark and application for approval of the patent has been filed in Europe, Canada, Japan, China and India.

Press release
IVISYS AB
Ticker: IVISYS
556998-4981
28 April 2015

CEO Jakob Kesje comments

- The official approval from the US Patent Office is very pleasing. The United States is one of the world's largest markets for the vision industry and thus represents an important market for IVISYS and our products. The patent provides us with protecting of our ‘object recognition and tracking’ process, which—compared to similar techniques—significantly reduces the processing time needed to create robust image processing. Thanks to the patent approval in the US, we can continue to strengthen our intellectual property protection. We are focused on global growth and protecting our intellectual property is part of our long-term strategy.

IVISYS’ portfolio of patents

IVISYS’ patent portfolio consists of patents regarding ‘Method and Device for Parallel Processing of Images,’ and ‘Method and Device for Finding Nearest Neighbor’. Below is a table of the geographical regions in which approvals have already been obtained and where applications for approval have been filed.

Country Method and Device for Parallel Processing of Images Method and Device for Finding Nearest Neighbor
Denmark Granted Granted
Europe Application submitted Application submitted
USA Granted Application submitted
Canada Application submitted Application submitted
Japan Application submitted Application submitted
China Application submitted Application submitted
India Application submitted Application submitted

Financial and Certified Adviser

Sedermera Fondkommission is Certified Adviser to IVISYS.

For more information, please, contact:

Jakob Kesje, CEO IVISYS AB
Phone: +45 20 22 60 10

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