Toronto, Ontario & New York, NY / ACCESSWIRE / January 15, 2015 / Intertainment Media Inc. (TSXV: INT) (OTCPINK: ITMTF) (I4T.F) ("Intertainment Media" or "Company") is pleased to announce that the United States Patent and Trademark Office has granted a patent for "System and Method for Sharing Information Between Two or More Devices."
United States Patent No. US 8,917,631 B2 was granted on December 23, 2014, and it is described as follows:
A system and method for sharing digital information between two or more devices in close proximity using a sound signal. The sending device obtains a globally unique share identifier from an information sharing system. The sending device then uploads the digital information to be shared to the information sharing system and transmits the sharing identifier to a receiving device via sound signals. The receiving device communicates the sharing identifier to the information sharing system and receives the digital information from the information sharing system. The information transferred from the sharing system can be password encrypted, the information transfer can be limited to a specific time period or the information transfer can be limited to receiving devices located within a specific geographic extent. In some embodiments of the invention, the sending device broadcasts a sound signal with a sharing identifier encoded in the sound stream and a plurality of receiving devices access digital information at the information sharing system using the sharing identifier as recovered from the sound stream.
The patent, which was applied for in August 2011, allows for the protection of our technology where two or more devices in proximity to one another, can communicate information, such as language services digital information, or other digital information such as commercial services via sound signals. The patent was granted to Ortsbo Inc., which is now branded under the name TranzActive, a division of Intertainment Media Inc. Additionally, Yappn Corp. (OTCQB: YPPN), a TranzActive partner, under its agreement will also have access to the patent for its real-time language services offerings.
"We're extremely pleased to be able to announce the full grant of one of our many patent-pending technologies within our divisional IP portfolio," said Mr. Anthony R. Pearlman, President and COO Intertainment Media. "The patent application process is long and arduous however the granting of our patent in relation to the sharing of information between devices via sound signal provides substantive validation and protection for our technology intellectual property."
About TranzActive - www.tranzactive.com
Formerly branded as Ortsbo Inc., TranzActive is the Language Service Technology arm of Intertainment Media Inc. TranzActive provides its global licensed language services technology to facilitate the expansion into new markets for start-ups, high growth and emerging corporate online enterprises. TranzActive's business model is partner based, allowing organizations to grow their global presence without the burden of a significant addition of resources.
TranzActive is actively partnering with developers, agencies and companies to create global engagement. Based on a review of opportunity, TranzActive offers its technologies on an equity and fee for license basis to create value for the Intertainment Media organization.
TranzActive also partners with Yappn Corp. to offer professional services, product development, online marketing initiatives and other services on a best practices basis.
About Intertainment - www.intertainmentmedia.com
Intertainment is one of Canada's leading technology incubators and is focused on developing, nurturing and investing in both North American and global technologies and companies that provide technology solutions for brands and consumers alike. Intertainment also owns and operates a number of key properties and has investments in leading edge technologies and social media platforms, including TranzActive, CapThat, theAudience, Lexifone, Shiny Ads and Yappn Corp (www.yappn.com) (OTCQB: YPPN). For more information on Intertainment and its properties, please visit www.intertainmentmedia.com
Intertainment is headquartered in the Toronto, Canada region, with offices in New York and Los Angeles, CA and is listed on the TSX Venture Exchange under the symbol "INT" (TSXV: INT) and in the US under the symbol "ITMTF". Intertainment is also traded in Europe on the Open Market (Regulate Unofficial Market) of the Frankfurt Exchange under the symbol "I4T".
Contact
Mr. Anthony R. Pearlman, COO
[email protected]
Forward Looking Information
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SOURCE: Intertainment Media Inc.