Revolutionary Concepts, Inc. Aims at Future Generation of 2-Way Communication by Securing Additional Patents for "EyeTalk"
March 13 2012 - 7:00AM
Revolutionary Concepts, Inc. (OTCBB:REVO)
(www.revolutionaryconceptsinc.com), a development stage company
focused on the design and development of the "Eye Talk
Communicator" announced today that it is in the process of
finalizing 5 additional patents for its EyeTalk Communicator with
final approval to come sometime in the second quarter 2012.
"With consumers growing reliance on hand held devices for
numerous facets of daily life, many technology companies have
entered the space occupied by Revolutionary's EyeTalk Communicator.
The new patents are primarily "method of use" patents which will
give our company the ability to control and profit significantly
from our current patents while protecting our game changing
technology", says Ronald Carter, President and CEO.
"RCI expects to begin licensing the technology later this year
anticipating projected revenues well into the millions of dollars
per year. An advertising campaign highlighting the features of the
new technology is set to begin in the second quarter and continue
up to the release of the security component. Early presentations
have initiated multiple requests for joint ventures and licensing
agreements that could generate as much as five million dollars per
agreement", states Solomon RC Ali, Sr. VP.
He goes on to say, "We accomplished a great deal in 2011 by
beginning the design phase and establishing the capabilities of the
product. Now Revolutionary Concepts is in a position to create
revenue streams for this highly anticipated technology. I believe
we can achieve as many as 7-8 licensing agreements per year
granting territory or industry rights and generating as much as 35
million dollars in revenue. While there are no guarantees as to the
profitability for our technology, initial interest and licensing
requests leave us enthusiastic about future demand for Eye
Talk."
About Revolutionary Concepts, Inc.
Revolutionary Concepts, Inc. is a development stage company
focused on the design and development of the Eye Talk Communicator.
It serves as an entry management system and gives users the ability
to remotely and interactively monitor via two-way communication and
control an IP camera while using a personal communication device.
Additional uses for the device include medical applications,
sporting component, and infant care technology. Revolutionary
Concepts Inc. is headquartered in Charlotte, NC with consultants
located throughout the United
Sates. www.revolutionaryconceptsinc.com
CONTACT: Revolutionary Concepts
info@revolutionaryconceptsinc.com
Phone: (980)225.5376
www.revolutionaryconceptsinc.com