The published transcript has a number of errors in it. The conversation actually went a little more like this (for context):
Peter Tassiopoulos: So we focus on extending the life of software, pretty much indefinitely. So what we’ve been doing is actually is moving software from your PC to your server, and then giving you access from anywhere on any device to that software. Catherine Murray: So it’s a cloud computing company of sorts? Peter Tassiopoulos: Correct. Catherine Murray: Talk to us though about what’s so different about your product, versus many of the products that are out there, and/or any of the behemouths that are trying to get into the cloud computing space – you’ve got Microsoft, you’ve got Amazon, you name it you’ve got Citrix, etc. Where do you stand versus that? Peter Tassiopoulos: Well interestingly enough, many of those companies are our partners. So we actually have a partnership with VMware and Microsoft. What a lot of people seem to forget is only about 70% of that software can be moved to the cloud. The other 30 percent gets left behind. What makes us unique is nothing gets left behind. We’re able to virtualize any application whether its from a mainframe, right up to today’s current Window’s applications. Catherine Murray: "Um, Peter so that we understand the story though, how is it that you’re able to do that? Do you have the patents...ehh..." Peter Tassiopoulos: "So we built.." Catherine Murray: "ehh..in place….?" Peter Tassiopoulos: "correct...we built a proprietary platform called Glassware 2.0 from the ground up. We built it for applications. Much of today’s virtualization is done using technology that was designed for servers. So even though its applicable to a desktop, it doesn’t necessarily work the way it would work if you built from the ground up very specifically for applications, which is what we did over the last four and a half years." http://www.bnn.ca/Video/player.aspx?vid=397962
As we know, S3D has designed and maintains its virtualization platform. It relies on a combination of patents, trademarks, trade secret and copyright laws, as well as contractual restrictions, to protect the proprietary aspects of its products and services. At that time, S3D had filed, or obtained through its acquisitions, at least 16 known technology patents.
IMO, PT's comments were correct when put in context of the conversation.
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