Now, let's see some contracts!
The Company believes that most global solutions for which its UAV platforms would be designed will be initiated by entities within the United States.
Sanswire Joint Venture Assigned Unmanned Aerial Vehicle Patent Licenses 12/18 05:30 AM
FT. LAUDERDALE, FL and STUTTGART, GERMANY -- (MARKET WIRE) -- 12/18/08 -- Sanswire Corp. (SNSR:$0.0520,$0.0000,0.00%) (www.sanswire.com) and TAO Technologies GmbH today announced that, pursuant to their previously executed agreement, TAO has assigned to the Sanswire-TAO Corp. joint venture (www.sanswiretao.com) certain of the patents and intellectual property licenses to its lighter-than-air, remotely operated airships. The agreement calls for the transfer of the exclusive rights to utilize the patents and intellectual property for all projects originated in North America.
"Completion of this phase cements Sanswire's and TAO's shared dedication to UAV deployment, and gives the Sanswire shareholders the U.S. and international protection for the critical assets that are enabling the Company to move forward," stated Jonathan Leinwand, Chief Executive Officer of Sanswire.
TAO is the inventor of various patents in Germany including patent applications registered for worldwide protection under the Patent Cooperation Treaty. The patents and intellectual property cover the technology harnessed in Sanswire-TAO's low-, medium-, and high-altitude platforms as well as other products and systems to be built for potential commercial and governmental clients. The transfer of the intellectual property to Sanswire-TAO further assures the Company's ability to exploit the technologies in those markets.
Certain processes within the technologies are proprietary, and provide unique competitive advantages to the program -- specifically the patented segmented cell design, the custom autonomous flight controls and the recently filed international patent application for the propulsion system with energy medium.
The patents involved in the transfer are:
-- German Patent DE 100 10 647.1-42, filed March 3, 2000 and published on
June 9, 2001, entitled Airship (with automatic regulation), including any
continuations, continuations-in-part, divisionals, re-examinations or re-
issue patents derived therefrom
-- German Utility Model: DE 200 04 028.6, filed March 3, 2000 and
published on July 9, 2001, entitled Airship, including any continuations,
continuations-in-part, divisionals, re-examinations or re-issue patents
derived therefrom
-- International Applications PCT/EP2008/059879, filed July 28, 2008,
entitled Segmented Aircraft with Energy Medium, including all corresponding
United States, Canadian and Mexican patent applications and any
continuations, continuations-in-part, divisionals, re-examinations or re-
issue patents derived therefrom
-- All applications or patents corresponding to Patent No. P11.267DE,
including all corresponding United States, Canadian and Mexican patent
applications and any continuations, continuations-in-part, divisionals, re-
examinations or re-issue patents derived therefrom
Under terms of the agreement to form Sanswire-TAO Corp., announced June 19, the joint venture owns the exclusive rights to utilize the patents and intellectual property for projects that originate in North America. The Company believes that most global solutions for which its UAV platforms would be designed will be initiated by entities within the United States.
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