SCOTTSDALE, Ariz., May 2, 2012 /CNW/ - Advanced Voice Recognition Systems, Inc. ("AVRS") (OTCBB: AVOI) provides a status update on the interference proceedings before the Board of Patent Appeals and Interferences (the Board).
AVRS reports that, on April 27, 2012, a panel of the Board of Patent Appeals and Interferences ("BPAI") entered a judgment that all of the claims in Application No. 09/351,542 (i.e., the application that is involved in Interference No. 105,746 with U.S. Patent No. 5,799,273 owned by Allvoice Developments US, LLC) are unpatentable.
Initially, however, it should be noted that the Company's four U.S Patents issued by the U.S. Patent and Trademark Office are unaffected by the decision of the BPAI and that AVRS intends to continue its efforts to license and otherwise enforce those patents vigorously.
President and CEO of AVRS, Walter Geldenhuys, stated, "The BPAI chose to exclude all of our expert witness testimony when they made their decision. We have various options under consideration that we are evaluating and we intend to proceed accordingly."
As reported in the November, 2011 Corporate update, the Company conducted internal patent evaluations comparing our technology to those products we believe may be utilizing our patented technology without the benefit of a licensing agreement. The Company's patent attorney is close to concluding the review and evaluation. Upon conclusion we plan to proceed with efforts to monetize our patent portfolio."
About Advanced Voice Recognition Systems, Inc.
The Company is a software development company with patented technology specializing in interface and application speech recognition technology. For more information please visit www.avrsys.com.
Note: This news release and the Company's web site referenced in this news release contain "forward looking statements" within the meaning of the federal securities laws regarding the future plans and expected performance of AVRS that are based on assumptions that AVRS considers reasonable. These statements are subject to risks and uncertainties that could cause actual results and events to differ materially from those anticipated, including without limitation, the unpredictability of litigation and other contested actions, the availability of financing, general economic conditions and factors that are beyond the control of AVRS. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release. AVRS undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect any change in the expectations of AVRS with respect to these forward-looking statements.
Mr. Walter Geldenhuys
President, CEO & CFO
SOURCE Advanced Voice Recognition Systems, Inc.
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