Advanced Voice Recognition Systems, Inc. (AVOI.OB) Receives Notice of Allowance for Third Patent and Updates Investors Concerning Interference Proceeding

By @ibtimes on

Today before the opening bell, Advanced Voice Recognition Systems, Inc. announced that it received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for the third patent related to its speech recognition and transcription technology.

The 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”. An expansion of the coverage of the company’s second patent, this patent incorporates speech recognition and transcription among transcription engines employing incompatible protocols for generating, transcribing, and exchanging speech among users employing incompatible protocols.

The company also told investors today that on January 13, 2011, Charles Gholz and Todd Baker of Oblon Spivak, representing Advanced Voice Recognition Systems 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). It is hoped that the panel will come to a timely decision.

President and CEO of AVRS, Walter Geldenhuys, commented, “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.”

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