Advanced Voice Recognition Systems, Inc. (AVOI) is “One to Watch”

By @ibtimes on

Advanced Voice Recognition Systems, Inc. is a software development company based in Scottsdale, Arizona and is publicly traded under the symbol AVOI. Advanced Voice Recognition Systems specializes in creating interface and application solutions for speech recognition, language translation and transcription technology. The company owns a portfolio of patents and patent-pending applications related to these technologies.

The company’s first patent #5,960,447 includes 42 claims that cover a wide array of features applicable to existing Automatic Speech Recognition (ASR) products and markets. Advanced Voice Recognition Systems’ second patent #7,558,530 covers features that the company believes are essential for client server based ASR products such as today’s smartphones, language translation applications and large medical transcription systems.

Earlier this year, Advanced Voice Recognition Systems received a Notice of Allowance from the U.S. Patent and Trademark Office for a third patent related to its speech recognition and transcription technology. The patent is an expansion of the coverage of U.S. Patent #5,960,447 and is expected to improve the company’s efforts to monetize its assets in the rapidly growing voice recognition and transcription marketplace.

United States Patent and Trademark Office Declares Interference Involving Advanced Voice Recognition Systems’ Patent

A patent interference is a proceeding conducted by the United States Patent and Trademark Office (USPTO) in instances where two or more parties claim patent rights to the same technology. The U.S. patent system awards patents to the first party who invented a particular technology. In an interference, the primary purpose of the USPTO is to determine which party invented the technology first, and to award the patent to that party.

On March 15, 2010, Advanced Voice Recognition Systems announced the declaration of interference by the USPTO. The USPTO declared the interference between Advanced Voice Recognition Systems’ application serial number 09/351,542 as Senior Party and U.S. Patent #5,799,273 owned by Allvoice Developments, LTD as Junior Party. AVOI’s patent was filed on November 13, 1995 approximately 10 months before the Allvoice filing. Advanced Voice Recognition Systems chose Oblon Spivak of Alexandria Virginia to represent the company in the interference proceedings. After nine months and thousands of hours of collaborative efforts of the team at Oblon Spivak, in conjunction with the inventors, expert witness and Advanced Voice Recognition Systems management, the final round of filings were submitted on December 2, 2010.

The Allvoice patent is the subject of a lawsuit that Allvoice filed against Microsoft in August 2009 in the East District Court of Texas in which Allvoice alleged infringement of Allvoices’ patent. Microsoft filed invalidity contentions based in part on Advanced Voice Recognition Systems’ patent and its product Digital Dictate.

Advanced Voice Recognition Systems intends to pursue license agreements or other strategic relationships with ASR market participants. The company will also continue to vigorously support and defend its patents through appropriate infringement and interference proceedings to protect the interest of shareholders and future licensees.

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