Advanced Voice Recognition Systems, Inc. is a software development company headquartered in Scottsdale, Ariz., specializing in creating interface and application solutions for speech recognition technologies. The company’s speech recognition software and related firmware were first introduced in 1994 at an industry trade show.
Advanced Voice Recognition Systems’ primary assets are patents. The first U.S. Patent #5,960,447 is for a word tagging and editing system for speech recognition filed on November 13, 1995, and issued on September 28, 1999. The patent includes 42 claims covering an extremely broad base of features applicable to existing Automatic Speech Recognition (ASR) products and markets.
U.S. Patent #7,558,730 was filed on November 27, 2001, and issued on July 7, 2009. The invention discloses a system for facilitating speech recognition and transcription among users employing incompatible protocols for generating, transcribing and exchanging speech. This patent is expected to strengthen the company’s position in voice recognition.
On March 9, 2010, the United States Patent and Trademark Office (“USPTO”) declared an interference between the Advanced Voice Recognition Systems as Senior Party and Allvoice Developments, US LLC as Junior Party. An interference is a proceeding conducted by the USPTO in instances where two or more parties claim patent rights to the same technology. In an interference the primary purpose of the USPTO is to determine which party invented the technology first, and to award the patent to that party. The Advanced Voice Recognition Systems patent was filed approximately 10 months before the Allvoice Patent. On January 13, 2011, Oblon Spivak of Alexandria, Va., representing Advanced Voice Recognition Systems in the Interference proceedings, delivered oral arguments before a three judge panel of the Board of Patent Appeals and Interferences (BPAI). Oral arguments were the culmination of thousands of hours of team effort. The Company hopes to receive a timely decision.
Also on January 13, 2011, the Company received a notice of allowance for a third patent which is a continuation of U.S. Patent #7,558,730. We believe the third patent will improve the efforts of Advanced Voice Recognition Systems to monetize its assets in the rapidly growing voice recognition and transcription marketplace.
Additionally, the Allvoice Patent is the subject of a lawsuit that Allvoice filed against Microsoft in August 2009 in which Allvoice alleged infringement of Allvoices’ patent. Microsoft in turn filed invalidity contentions based in part on Advanced Voice Recognition Systems’ patent and its previously marketed product Digital Dictate. To date the Western District of Washington has not ruled on the invalidity contentions asserted by Microsoft.
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment