Communication Synergy Technologies Inc. Awarded Patent for Proprietary Document Archiving Technology.Document Vault vault, ceiling over a room, formed in any one of a variety of curved shapes. Nature of Vaults A vault is generally composed of separate units of material, such as bricks, tiles, or blocks of stone, so shaped or cut that when assembled they form a [TM] Solution Brings Simplified and Cost Effective Document Archiving and Preservation to Government, Commercial and Personal Markets ROCHESTER, N.Y. -- Communication Synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. Technologies, Inc. (OTCPK: CSYT) (ComSynTech), a developer of information management systems and document preservation technology, announced today that it has received a patent for its proprietary Document Vault[TM] archiving and preservation solution. The patent, entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: Document Preservation (US 7,171,433 B2) provides broad protection for ComSynTech's unique document archiving solution which eliminates dependency on legacy software and hardware for the archiving process. ComSynTech's Document Vault[TM] is a scalable electronic filing device that captures, manages and annotates any document in any format for digital and analog preservation and retrieval. The technology specifically addresses the rapidly expanding volume of digital files being generated globally. Document Vault[TM] provides auto-intelligence for the annotation 1. (programming, compiler) annotation - Extra information associated with a particular point in a document or program. Annotations may be added either by a compiler or by the programmer. and staging of documents and files necessary to properly preserve them for subsequent efficient retrieval. Dr. Seth Borg, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , noted, "Our most recently awarded patent demonstrates the unique quality of our technology and the power that it brings to document archiving. Document Vault[TM] provides a cost effective and easy-to-use platform to prepare and preserve documents for markets that have been wrestling with the mandated needs and the associated cost to accomplish long term retention, such as the financial industry and government at all levels. Dr. Borg continued, "Several major strategic partners have been testing our technology and the results have validated val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. the capability for our product to exceed user expectations. We are in discussion with several potential partners regarding further business development opportunities. We believe there is a large potential market for our Document Vault[TM] solution as a device centered application or as an application service provider (ASP) or web-based offering." Document preservation differs from typical document archiving processes. Document preservation is defined as retention and retrieval over a 50-year timeframe, whereas document archiving is typically less than 25 years. Challenges with both archiving and retrieval include expiring software and hardware technologies. Document Vault[TM] technology eliminates dependency on any particular software, operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. or hardware technologies, addressing concerns regarding retrieval and meeting many regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. for document management. About ComSynTech Communication Synergy Technologies Inc. (ComSynTech) develops and markets document creation, management and preservation systems for healthcare, industry, finance and government. The products developed by ComSynTech provide efficiency, flexibility and improved quality by automating the creation, capture, management, distribution, archiving, preservation and retrieval of voice and word documents across multiple markets. ComSynTech products and development platforms integrate with and complement existing technologies, accelerating time-to-implementation. More information about ComSynTech and its products can be found at its website: www.comsyntech.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding expectations for future financial performance, which involve uncertainty and risk. It is possible the Company's future financial performance may differ from expectations due to a variety of factors including, but not limited to, changes in economic and business conditions in the world, increased competitive activity, effective execution of the Company's strategy, technology advancements, unexpected costs and charges, adequate funding for plans, regulatory and other approvals and failure to implement all plans, for whatever reason. It is not possible to foresee fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. or identify all such factors. Any forward-looking statements in this report are based on current conditions; expected future developments and other factors it believes are appropriate in the circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or . Prospective investors are cautioned that such statements are not a guarantee of future performance and actual results or developments may differ materially from those projected. The Company makes no commitment to update any forward-looking statement included herein, or disclose any facts, events or circumstances that may affect the accuracy of any forward-looking statement. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion