Zeros & Ones, Inc. Files Formal Patents To Protect Its 3-D Video Technology Base
SANTA MONICA, Calif.--(BUSINESS WIRE)--Feb. 13, 2001--Zeros & Ones, Inc. (OTCBB:ZROS), today announced it has filed formal applications for patents covering its Rotating Binocular Lens System for 3-D video broadcasts and for associated controller software.
The Company had filed provisional applications for these technologies last year.
Robert J. Holtz, chairman and chief executive officer, said the current filings with the U.S. Patent Office significantly augment the Company's proprietary broadcast technologies. The 3-D video system, he explained, is an outgrowth of the Company's research and development activity, which is focused on the introduction of enabling technologies for both emerging and existing broadcast platforms.
"Enabling technologies, like our stereoscopic 3-D holdings, are anticipated to contribute to our long-term licensing revenues," said Holtz. "The fact that the Company has successfully issued formal patent filings is a major step forward in protecting one of our key assets and, in my opinion, advances our position as a technological innovator."
About Zeros & Ones, Inc.:
Based in Santa Monica, California, Zeros & Ones (www.zerosones.com) is a leading developer of technology and digital content focused on the convergence of television, wireless, and the Internet. The Company provides targeted solutions for e-business, broadband networks and digital television.
This news release contains forward-looking statements, including but not limited to, those that refer to the company's plans for future securities listings, or future development plans or operating results.
Actual results could differ materially from those anticipated due to risk factors that include, but are not limited to, lack of timely development of products and services; lack of market acceptance of products, services and technologies; inadequate capital; adverse government regulations; competition; inability to earn revenue or profits; dependence on key individuals; inability to obtain or protect intellectual property rights; inability to obtain listing for the company's securities; lower sales and higher operating costs than expected; technological obsolescence of the company's products; limited operating history and risks inherent in the entertainment, telecommunications and Internet markets and business.
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