Revolutionary Concepts in Talks to Sell Mobile Patent Portfolio to One of World's Largest Internet Companies
December 06 2013 - 12:27PM
Marketwired
CHARLOTTE, NC-(Marketwired - Dec 6, 2013) - Revolutionary
Concepts Inc., (OTCQB: REVO), a publicly traded company that
designs and develops mobile video software and remote security
communication systems, announced that it has been in talks with one
of the world's largest internet related service companies to sell
or license its patented mobile product portfolio. REVO developed
the "EyeTalk Communicator," a mobile video, remote smart camera
security technology. The system is designed to provide nationwide
protection and monitoring of homes and businesses against multiple
threats including robbery, fire, theft, burglary and other
intrusions through mobile phones, wireless video and remote smart
camera security technology.
REVO has been in talks with a U.S. multinational corporation
that specializes in Internet-related services and products and
services that include internet search, cloud computing, software,
mobile wireless devices, digital entertainment, social networking
and online advertising technologies. The internet company, located
on the west coast, is a publicly traded company that reported over
$50 billion in revenue in their Annual Report for 2012.
REVO's consultants have engaged the company in several rounds of
talks for them to either purchase and/or license REVO's portfolio
of product patents. The internet company could consider licensing
the security technology to major residential and commercial
security companies, and launch a mobile phone based service that
would allow users to manage, monitor and control their security
systems from their mobile smart phones and other wireless devices.
The mobile phone application software could be licensed to the
major mobile phone carriers to provide the online security service
to their customers. The EyeTalk system will interface with smart
devices such as iPhone, iPad, BlackBerry and Andriod, and
represents the new frontier in the use of wireless smart devices
for protection and security. REVO holds patented and patent pending
applications that utilize smart camera technology in
medical/healthcare, sporting events, child monitoring and several
other key areas.
REVO's "EyeTalk" Communicator System is projected to
revolutionize the mobile and online security services market by
selling a patented proprietary system designed to provide an
unprecedented level of wireless communication, property protection,
interactive services and security solutions. The system includes an
advanced Detection and Viewing system to visually detect a person
at any entrance, a Two-way Audio-Video communication module, a
Video communication module to monitor Children in car seats, person
to person communications and online gaming applications. The system
also has a module for detecting threats using radar-based Automated
audio video messaging and answering system.
About Revolutionary Concepts Inc. REVO is focused on the design
and development of the "EyeTalk" Communicator technology, a mobile
video, remote smart camera security technology. The system is
designed to provide nationwide protection and monitoring of homes
and businesses against multiple threats including robbery, fire,
theft, burglary and other intrusions through mobile phones,
wireless video and remote smart camera security technology. REVO
holds patented and patent pending applications that utilize the
technology in medical/healthcare, sporting events, child monitoring
and several other key areas. Mobile and wireless communications are
the major forces driving the "EyeTalk" system technology and
represents a new frontier of wireless smart devices for home and
business protection. For more information visit
www.revolutionaryconceptsinc.com
Safe Harbor Statement - There are matters discussed in this
media information that are forward looking statements within the
meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject to the
safe harbor created by those rules. Such statements are only
forecasts and actual events or results may differ materially from
those discussed. For a discussion of important factors which could
cause actual results to differ from the forward looking statements,
refer to Revolutionary Concepts Inc.'s most recent annual
report and accounts and other SEC filings. The company undertakes
no obligation to update publicly, or revise, forward looking
statements, whether as a result of new information, future events
or otherwise, except to the extent legally required.
For
inquiries contact: Media Relations: Solomon Ali
704-837-5705