Friday, July 20, 2012

Journal of Radiology, Inc. (JRRD) Inks Licensing Deal with Interactive Spaces

Journal of Radiology, a development-stage interactive media display company, today announced that it has signed a definitive license agreement with Interactive Spaces, a Canadian-based company specializing in touchless, gesture recognition technology.

Per the agreement, Journal of Radiology will license Interactive Spaces’ products, technology and brand name. The deal also allows Journal of Radiology to market interactive floors, walls, and multi-touch surfaces to customers globally.

“The licensed product allows us to utilize the computer vision and gesture recognition core technologies developed by Interactive Spaces. This technology will give us the competitive edge to be the first to market, when developing applications for multi-touch surfaces,” Aaron Shrira, president of Journal of Radiology stated in the press release.

Shrira said the company is scheduled to start developing and shipping the products within the next few weeks.

Journal of Radiology will license a wide array of products, including those that feature interactive capabilities; connect and engage directly with consumers in public spaces; and those that have applications for multi-user interactions on a single display screen, among others.

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