Business
ReelTime Doubles Down On Their IP as They Broaden Their Patent Portfolio with New Patent Filing While They Secure Additional USPTO Granted Claims in Landmark Parent Patent on Simultaneous Spherical Panorama Image and Video Capturing System
ReelTime Doubles Down On Their IP as They Broaden Their Patent Portfolio with New Patent Filing While They Secure Additional USPTO Granted Claims in Landmark Parent Patent on Simultaneous Spherical Panorama Image and Video Capturing System.
About this update from Reeltime Rentals, Inc.
[{"type":"text","content":"\n ReelTime VR to File Material Child Patent with New Disclosures and Claims Under Parent Application Broadening the Scope and Enforcement. SEATTLE, Aug. 11, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- ReelTime VR (OTCPK:RLTR) confirmed that it is in the process of filing a child patent application under the ReelTimes Parent Patent which it received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for their non-provisional patent pending application covering apparatus and method claims for technology involving simultaneous capturing of 360 X 360 degree Spherical Panorama Images and Video. The USPTO Notice regarding the application No. 15/654,613 titled “Simultaneous Spherical Panorama Image and Video Capturing System” states that “the application identified above has been examined and is allowed for issuance as a Patent.” The Final granted Patent is expected to be issued shortly following the Child Patent Application depending on the USPTO’s schedule and workload. J.D. Houvener, CEO of Bold Patents and author of “Bold Ideas,” stated: “It is very exciting to have been involved from the onset through the patent process with what may prove to be a very significant patent in a rapidly emerging market. The Child Patent Application is intended to further broaden the scope of the claims contained in the Parent, strengthen the enforceability against identified infringements, and such claims and disclosures shall benefit from the priority date of the Parent Patent.” Barry Henthorn, CEO of ReelTime, stated: “Bold Patents takes a very personal approach to the patent process to ensure the strongest protection possible. We are thrilled to have them at the forefront of protecting our IP and we are very confident in the breadth of knowledge and attention to detail they bring to the table in protecting our intellectual property.” This technology allows any cell phone or other camera to instantaneously capture 360 X 360 Virtual Reality Video or pictures without any need for stitching.  The VR content is compatible with and can be shared via 360 capable social sites in real time such as Facebook, or YouTube, and on any professional VR platform such as Oculas, Gear VR, Veer VR, Playstation VR, Littlstar, and the HTC Vive...