Xybernaut Granted Patent for Assessing Metal Deterioration on Maritime Vessels.FAIRFAX, Va. -- Critical Inspection Process Utilizes Mobile/Wearable Computers; Maritime Security Presents New Opportunities for Canadian Patent Xybernaut(R) Corporation (Nasdaq:XYBR XYBR Xybernaut Corp (stock symbol) ), today announced that the company has been granted a patent by the Canadian Intellectual Property Office The Canadian Intellectual Property Office (CIPO) is the patent, trademark, and copyright administration body of Canada. See also
Called "System for assessing metal deterioration de·te·ri·o·ra·tion n. The process or condition of becoming worse. on maritime vessels," the patent describes a system or apparatus for on-site testing and inspecting of metal structures and their deterioration using non-destructive testing (NDT NDT Newfoundland Daylight Time ) devices and computing technologies. Under this patent, the inspector wears both the NDT device and a mobile/wearable computer. This configuration affords immediate access to inspection and test results. Xybernaut believes that many maritime vessel operators could benefit greatly from this intellectual property and its integration with mobile/wearable computing technologies and solutions. To that end, the company is actively working to monetize this IP through relationships with industry-leading equipment manufacturers, resellers, integrators and solutions providers. As stated previously, the steel thickness of maritime vessels is of critical importance to their safe operation. The highly corrosive corrosive /cor·ro·sive/ (kor-o´siv) producing gradual destruction, as of a metal by electrochemical reaction or of the tissues by the action of a strong acid or alkali; an agent that so acts. nature of salt-water is a continuous concern for military and commercial fleet operators as well as recreational marine vessel owners/operators. In the marine industry, ships of all kinds are inspected and gauged for hull thickness and deterioration. This activity typically takes place at specified intervals and at predetermined pre·de·ter·mine v. pre·de·ter·mined, pre·de·ter·min·ing, pre·de·ter·mines v.tr. 1. To determine, decide, or establish in advance: locations. In particular, chemical and oil tankers and bulk carriers are subject to metal deterioration, because of corrosion, at a faster rate than other types of ships. Significant metal loss places the vessel at risk of severe casualty and/or loss. Advantages of the system of this invention include: --Accuracy of readings and results --Permanent electronic record of results, including date stamps Verb 1. date stamp - stamp with a date; "The package is dated November 24" date date - provide with a dateline; mark with a date; "She wrote the letter on Monday but she dated it Saturday so as not to reveal that she procrastinated" of each gauge point the diameter of a cylinder whose altitude is one inch, and contents equal to that of a unit of a given measure; - a term used in gauging casks, etc. See also: Gauge --Immediate results for analysis through computer processing of information at site --Safety of inspectors performing the gauging due to hands-free capabilities --Efficiency --Continuous monitoring --Lower insurance rates --Reduced risk of Casualty --Saves potential liability and costs of a marine casualty --Ease of use --Multifunction capabilities "There is no denying the critical role the maritime industry has played in the development of the modern economic environment - in fact, it is perhaps the most critical lifeline life·line n. 1. a. An anchored line thrown as a support to someone falling or drowning. b. A line shot to a ship in distress. c. A line used to raise and lower deep-sea divers. 2. of international commerce," said Edward G. Newman, chairman 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. of Xybernaut. "In our efforts to develop intellectual property, technologies and solutions that assist international enterprises operate more efficiently, we have realized that not only should we establish and protect IP in our core area of focus - mobile/wearable computing - but we also have many opportunities to secure IP in industry sectors that we consider our primary targets. This maritime patent is a perfect example of our effort and success in this area." This newly-issued patent represents an attractive option for licensee or collaborative companies as well as customers in a wide variety of applications related to maritime vessel inspection. This Canadian Patent -- No. 2349956 -- relates to U.S. Patent U.S. 6,633,820. About Xybernaut Xybernaut Corporation is a leading provider of wearable/mobile computing hardware, software and services, bringing communications and full-function computing power in a hands-free design to people when and where they need it. Headquartered in Fairfax, Virginia Fairfax is an independent city forming an enclave within the confines of Fairfax County, in the Commonwealth of Virginia. Although politically independent of the surrounding county, the City of Fairfax is nevertheless its county seatGR6. , Xybernaut has offices and subsidiaries in Europe (Benelux, Germany) and Asia (Japan, China, Korea). Visit the Xybernaut Web site at www.xybernaut.com. Product photos are also available directly from Xybernaut. Xybernaut, the Xybernaut logo, Atigo(R) and Mobile Assistant(R) V (MA(R) V) are trademarks or registered trademarks of Xybernaut Corporation in the USA and other countries. All other brand and product names are or may be trademarks of, and are used to identify products or services of, their respective owners. This press 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. within the meaning of The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the 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. created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion