VANCOUVER, April 9, 2013 /PRNewswire/ - Deploy Technologies Inc. (CNSX: DEP) (OTC: DPLY) announced today that it has received a Notice of Allowance from the Canadian Intellectual Property Office for its PCT Patent application filed in Canada.
The Notice of Allowance is the stage prior to the issuance of the patent which requires the Company to file a declaration of small business status along with the $150 final filing fee.
The Company will continue protecting its intellectual property through the maintenance of its current patent and trademark applications as well as through future applications.
"Intellectual property protection is one of the strongest ways to increase shareholder value", commented David Eppert, the Company's Chief Executive Officer. "Now we can promote more of our product features and value proposition without the risk of competitors exploiting our intellectual property."
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 expressed, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other.
SOURCE Deploy Technologies Inc.