SCOTTSDALE, AZ--(Marketwire - January 19, 2011) - Advanced Voice Recognition Systems, Inc. ("AVRS") (
AVRS' primary patent (U.S. Patent No. 5,960,447; Word Tagging and Editing System for Speech Recognition) was granted in September 1999. AVRS' second patent (U.S. Patent No. 7,558,730; Speech Recognition and Transcription Among Users Having Heterogeneous Protocols) was granted in July 2009. AVRS's third patent, prosecuted by Meyer & Associates, LLC is to be issued in the spring for digital voice recognition and transcription technology entitled "Speech Recognition and Transcription Among Users Having Heterogeneous Protocols." The patent is an expansion of the coverage of AVRS's second patent and incorporates speech recognition and transcription among transcription engines employing incompatible protocols for generating, transcribing, and exchanging speech among users employing incompatible protocols.
Additionally, on January 13, 2011 Charles Gholz and Todd Baker of Oblon Spivak, representing AVRS in the Interference proceedings between Allvoice Developments and AVRS, Inc., delivered oral arguments before a three judge panel of the Board of Patent Appeals and Interferences (BPAI). The Company hopes to receive a timely decision.
President and CEO of AVRS Walter Geldenhuys stated, "I am proud of the dedication and hard work that Oblon Spivak, AVRS management and founders have done in the interference. The oral arguments were the culmination of thousands of hours of team effort. Ironically the Notice of Allowance for the third AVRS patent arrived on the same day. Our portfolio of intellectual property is the foundation of our business model. We believe this third patent will improve the efforts of AVRS to monetize its assets in the rapidly growing voice recognition and transcription marketplace."
About Advanced Voice Recognition Systems, Inc.
AVRS is a software development company with patented technology specializing in interface and application speech recognition technology. For more information please visit www.avrsys.com.
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FORWARD-LOOKING STATEMENTS
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.
Contact Information:
Contact:
Walter Geldenhuys
President
CEO & CFO
480-704-4183