OBJECTVIDEO ANNOUNCES SECOND OF TWO VICTORIES IN CHALLENGES TO ITS METADATA PATENT FAMILY

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ObjectVideo's '912 Patent successfully emerges from Patent Office Reexamination; Second of two seminal ObjectVideo Metadata patents in Reexam to pass review.

Reston, Va., USA (June 30, 2014) - ObjectVideo, Inc. ("OV"), a leading provider of video analytics solutions announced today that the second of two of its seminal metadata patents in Reexamination successfully emerged after review by the United States Patent and Trademark Office ("USPTO").

ObjectVideo received a USPTO Ex Parte Reexamination Certificate ("Certificate") for U.S. Patent Number 7,868,912 (the '912 Patent), which is owned by OV. The issuance of the Certificate signifies the end of the reexamination.

ObjectVideo previously sued several companies for patent infringement in the United States International Trade Commission and the U.S. District Court for the Eastern District of Virginia. All prior art identified in those proceedings, as well as additional prior art, was considered by the USPTO during the reexamination proceeding.

"We are thrilled by the USPTO's decision to uphold – and indeed, bolster -- the claims of this important contribution to the field of video analytics," said Raul Fernandez, Chief Executive Officer and Chairman of OV. "It is one thing to have an issued patent, it is quite another to have the validity of that patent challenged in litigation and again at the USPTO with such successful results. This is the second successful result for this patent family. We are pleased that the validity of these seminal patents is now behind us, as we continue our successful licensing program that has resulted in 18 patent licenses to date."

ObjectVideo holds 57 US and international patents in the field of video analytics, and has over 40 US and international patents pending. Industry leaders across the world, including 18 patent licensees, recognize the contributions of ObjectVideo's innovations – and the importance of its patent portfolio – to this growing field. ObjectVideo's patent licensees include Sony, Pelco, Hikvision, Panasonic, Bosch Security Systems, FLIR Systems, Tyco Security Products, UDP Technology and Vivotek.

About ObjectVideo, Inc.
ObjectVideo is a leading innovator in intelligent video solutions with patented video analytics technologies that are licensed and deployed by leading IP video manufacturers around the world. ObjectVideo continues to advance the science of intelligent video with ongoing research and development in areas including intelligent tagging of consumer and commercial video; machine learning; and mobile video intelligence. To stay up-to-date on ObjectVideo news, please click HERE.

News Source : OBJECTVIDEO ANNOUNCES SECOND OF TWO VICTORIES IN CHALLENGES TO ITS METADATA PATENT FAMILY
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