VANCOUVER, Aug. 13, 2012 /CNW/ - Deploy Technologies Inc. (CNSX: DEP) (PINKSHEETS: DPLY) (the "Company") is pleased to announce that it has received a favorable opinion from the International Searching Authority for the recently filed PCT Patent Application.
The opinion states that all claims are novel, comprise an inventive step, are industrially applicable and comply with relevant Articles of the PCT.
The company has not yet received a patent in any country and this opinion does not grant any patent rights. However, this opinion does give promise to the potential of acquiring patent rights on our intellectual property which could protect the company from infringement by competitors in the future.
"This is very important news for the company due to the positive nature of the opinion from an independent third party", commented David Eppert, the Company's Chief Executive Officer. "I am very excited to have received such a positive response."
ABOUT DEPLOY TECHNOLOGIES INC.
Deploy Technologies Inc. has developed a comprehensive suite of products focused on Fleet Data Management & Weigh Systems solutions. The core of the Company's technology is based on the monitoring, storage and processing of hydraulic pressures data streams which are then used to address a wide range of applications including weight and loading calculations and warning systems for safety assurance initiatives.
FORWARD LOOKING STATEMENTS
The statements contained above which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those currently anticipated, including but not limited to risks associated with the industrial transportation industry in general, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, changes in plans with respect to the testing and evaluation of products, and other risks.
SOURCE: Deploy Technologies Inc.
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