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RLTR - ReelTime VR Builds its Patent Portfolio With New Instantaneous 360 Video Capture Technology For the Masses Using Cell Phones or Other Devices
RLTR - ReelTime VR Builds its Patent Portfolio With New Instantaneous 360 Video Capture Technology For the Masses Using Cell Phones or Other Devices.
About this update from Reeltime Rentals, Inc.
[{"type":"text","content":"\nSEATTLE, June 14, 2018 (GLOBE NEWSWIRE) -- ReelTime VR (OTCPK:RLTR) has received patent-pending status from the United States Patent and Trademark Office (USPTO) for their non-provisional patent application covering apparatus and method claims for technology involving simultaneous capturing of 360 X 360 degree Spherical Panorama Images and Video.\n This technology will allow 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. The Patent application submitted just last year, successfully claims priority back to an earlier-filed provisional patent application to July 19, 2016. The Simultaneous Spherical Panarama Image and Video Capturing System (code named the “Periramascope”), as described in the pending patent application as a “360-degree image and capturing system having no lenses, a single lens, or a plurality of lenses. The device directs light from a sphere surrounding the device to a single reflected aggregate image that is then transformed into a full 360 X 360 spherical image or any subset thereof…” J.D. Houvener, CEO of Bold Patents and author of “Bold Ideas,” stated: “The intellectual property contained in the non-provisional patent application we filed on behalf of ReelTime VR has the potential to be completely industry shaping. Our team of experts was able to articulate the claims of the invention quite broadly so as to provide ReelTime VR with the strongest and broadest protections available to them.” Barry Henthorn, CEO of ReelTime, stated: “Now that we feel we are on as stable ground as possible at this point with our pending patent at the non-provisional phase, we will be able to not only introduce new and exciting capabilities to the VR content creators but we are now able to protect ourselves against those who are infringing upon  our intellectual property.” About Bold Patents Expertise in Patent Law: www.boldpatents.com - Our main focus is to help inventors and business owners secure top-quality patents on their invent...