U.S. Wireless Strengthens Patent Portfolio - Receives Notice of Allowance for Four Additional Patents for its Wireless Location Technology -
SAN RAMON, Calif., May 3, 2000 /PRNewswire via COMTEX/ -- U.S. Wireless
Corporation (Nasdaq: USWC; Frankfurt: USP), a leading provider of wireless
location information and services, announced today that it has received notice
of allowance from the U.S. Patent Office for four of its principal patents,
covering key aspects of the Company's multi-path pattern matching technology.
The Company's patent portfolio now includes 7 allowed patents.
U.S. Wireless' intellectual property portfolio covers key aspects of its pattern
matching wireless location technology, as well as system level and certain
business methods and applications that rely specifically on the Company's
innovative caller location architecture. An important area of intellectual
property covered by the Company's patent filings focuses on its unique strength
in locating wireless calls in urban areas, where other solutions like
triangulation or Global Positioning Systems (GPS) suffer from signal blockage.
"Intellectual property is a significant element in this fast growing and highly
competitive wireless services arena," said Dr. Oliver Hilsenrath, Chairman and
CEO of U.S. Wireless. "We are continuing to leverage our innovative technology
as well as our creative product delivery strategy to establish a leading
position in the race to provide the best solution for wireless E-911 caller
location, as well as other advanced location sensitive content."
Dr. Hilsenrath added that the Company continues to invest substantial resources
in the development of its technology and business applications, as well in the
enhancement of its strong intellectual property portfolio.
About U.S. Wireless Corporation
U.S. Wireless is powering the next generation of instant wireless information
services. Through a national network of wireless location systems, the company
will enable wireless carriers and others to offer a rich blend of
location-enhanced services including life-saving 911 caller pinpointing,
localized news and traffic updates, enhanced directory assistance, vehicle and
asset tracking, intelligent transportation and carrier network management
services.
U.S. Wireless plans to build and operate a nationwide service bureau of location
networks based on its RadioCamera(TM) system, in 100 markets across the United
States, beginning with the Washington, D.C./Baltimore metro area. For more
information about U.S. Wireless and its RadioCamera(TM) network, please visit
the Web site at www.uswcorp.com.
NOTE: RadioCamera(TM) and the U.S. Wireless logo are trademarks of U.S. Wireless
Corporation.
Special Note Regarding Forward-Looking Statements: A number of statements
contained in this press release which are not historical in nature are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 that involve risks and uncertainties that could
cause actual results to differ materially from those expressed or implied in the
applicable statements, including, among others, the size and scope of the
geolocation services market, the timing of governmental requirements and the
success of the company in this market. A description of these and other risks
and uncertainties can be found in the company's filings with the Securities and
Exchange Commission.
SOURCE U.S. Wireless Corporation
(C) 2000 PR Newswire. All rights reserved.
www.prnewswire.com
CONTACT: Randy Miller, 201-476-0123, or randy@uswcorp.com, or Paul
Brunato, 925-327-6236, or paul@uswcorp.com, both of U.S. Wireless Corporation;
or investor-media relations, Richard L. Stern of Stern & Co., 212-888-0044, or
rstern@sternco.com, for U.S. Wireless Corp.
KEYWORD: California
INDUSTRY KEYWORD: TLS
URL: www.uswcorp.com
SAN RAMON, Calif., May 3, 2000 /PRNewswire via COMTEX/ -- U.S. Wireless
Corporation (Nasdaq: USWC; Frankfurt: USP), a leading provider of wireless
location information and services, announced today that it has received notice
of allowance from the U.S. Patent Office for four of its principal patents,
covering key aspects of the Company's multi-path pattern matching technology.
The Company's patent portfolio now includes 7 allowed patents.
U.S. Wireless' intellectual property portfolio covers key aspects of its pattern
matching wireless location technology, as well as system level and certain
business methods and applications that rely specifically on the Company's
innovative caller location architecture. An important area of intellectual
property covered by the Company's patent filings focuses on its unique strength
in locating wireless calls in urban areas, where other solutions like
triangulation or Global Positioning Systems (GPS) suffer from signal blockage.
"Intellectual property is a significant element in this fast growing and highly
competitive wireless services arena," said Dr. Oliver Hilsenrath, Chairman and
CEO of U.S. Wireless. "We are continuing to leverage our innovative technology
as well as our creative product delivery strategy to establish a leading
position in the race to provide the best solution for wireless E-911 caller
location, as well as other advanced location sensitive content."
Dr. Hilsenrath added that the Company continues to invest substantial resources
in the development of its technology and business applications, as well in the
enhancement of its strong intellectual property portfolio.
About U.S. Wireless Corporation
U.S. Wireless is powering the next generation of instant wireless information
services. Through a national network of wireless location systems, the company
will enable wireless carriers and others to offer a rich blend of
location-enhanced services including life-saving 911 caller pinpointing,
localized news and traffic updates, enhanced directory assistance, vehicle and
asset tracking, intelligent transportation and carrier network management
services.
U.S. Wireless plans to build and operate a nationwide service bureau of location
networks based on its RadioCamera(TM) system, in 100 markets across the United
States, beginning with the Washington, D.C./Baltimore metro area. For more
information about U.S. Wireless and its RadioCamera(TM) network, please visit
the Web site at www.uswcorp.com.
NOTE: RadioCamera(TM) and the U.S. Wireless logo are trademarks of U.S. Wireless
Corporation.
Special Note Regarding Forward-Looking Statements: A number of statements
contained in this press release which are not historical in nature are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 that involve risks and uncertainties that could
cause actual results to differ materially from those expressed or implied in the
applicable statements, including, among others, the size and scope of the
geolocation services market, the timing of governmental requirements and the
success of the company in this market. A description of these and other risks
and uncertainties can be found in the company's filings with the Securities and
Exchange Commission.
SOURCE U.S. Wireless Corporation
(C) 2000 PR Newswire. All rights reserved.
www.prnewswire.com
CONTACT: Randy Miller, 201-476-0123, or randy@uswcorp.com, or Paul
Brunato, 925-327-6236, or paul@uswcorp.com, both of U.S. Wireless Corporation;
or investor-media relations, Richard L. Stern of Stern & Co., 212-888-0044, or
rstern@sternco.com, for U.S. Wireless Corp.
KEYWORD: California
INDUSTRY KEYWORD: TLS
URL: www.uswcorp.com
