Resonant’s Intellectual Property Portfolio Surpasses 300 Issued and Pending Patents
January 04 2021 - 8:31AM
Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF)
filter intellectual property (IP) connecting People and Things,
today announced that its patent portfolio has grown 50%
year-over-year, now comprising over 300 issued and pending U.S. and
foreign patents – of which over 150 are related to Resonant’s
groundbreaking 5G XBAR® technology.
Resonant’s intellectual property portfolio is
also actively supplemented with a comprehensive trade secret
program designed to formally maintain the secrecy of Resonant’s
proprietary technologies.
“2020 was a landmark year for intellectual
property development at Resonant as we continued to build a
significant protective moat around our technology – the strength of
which has been validated through our strategic partnership with the
world’s largest RF filter manufacturer,” said George B. Holmes,
Chairman and CEO of Resonant. “To that end, half of our portfolio
and the bulk of 2020’s patent growth relates to our key XBAR® RF
filter technology, which is optimized for the wide bandwidths, high
frequencies and low loss required for 5G and high frequency Wi-Fi
bands.”
“Our success in patenting our groundbreaking
XBAR® technology positions us to seize an immense emerging market
opportunity in 5G RF filters, which we expect will revolutionize
and launch countless industries ranging from remote surgery to
autonomous vehicles. We look forward to continuing to build out our
already strong IP portfolio and further protect it with new patent
applications and our active trade secret program,” concluded
Holmes.
About Resonant Inc.
Resonant (NASDAQ: RESN) is transforming the
market for RF front-ends (RFFE) by disrupting the RFFE supply chain
through the delivery of solutions that leverage our Infinite
Synthesized Network (ISN) software tools platform, capitalize on
the breadth of our IP portfolio, and are delivered through our
services offerings. In a market that is critically constrained by
limited designers, tools and capacity, Resonant addresses these
critical problems by providing customers with ever increasing
design efficiency, reduced time to market and lower unit costs.
Customers leverage Resonant’s disruptive capabilities to design
cutting edge filters and modules, while capitalizing on the added
stability of a diverse supply chain through Resonant’s fabless
ecosystem-the first of its kind. Working with Resonant, customers
enhance the connectivity of current mobile devices, while preparing
for the demands of emerging 5G applications. To learn more about
Resonant, view the series of videos published on its website that
explain Resonant's technologies and market positioning:
- Resonant Corporate
Video
- ISN and XBAR:
Speeding the Transition to 5G
- Expert Insights on
Unlocking the Potential of 5G
- The Technology
Enabling the Transition to 5G
For more information, please
visit www.resonant.com. Resonant uses its website and LinkedIn
page as channels of distribution of information about its products,
its planned financial and other announcements, its attendance at
upcoming investor and industry conferences, and other matters. Such
information may be deemed material information, and Resonant may
use these channels to comply with its disclosure obligations under
Regulation FD. Therefore, investors should monitor the company’s
website and its social media accounts in addition to following the
company’s press releases, SEC filings, public conference
calls, and webcasts.
About Resonant’s ISN®
Technology
Resonant can create designs for difficult bands,
modules and other complex RF Front End requirements that we believe
have the potential to be manufactured for less cost and less time
than traditional approaches. ISN is a suite of proprietary
mathematical methods, software design tools and network synthesis
techniques that enable us to explore a much larger set of possible
design solutions that regularly incorporate our proprietary
technology. We then quickly deliver design simulations to our
customers, which they manufacture or have manufactured by one of
our foundry partners. These improved solutions still use Surface
Acoustic Wave (SAW) or Temperature Compensated Surface Acoustic
Wave (TC-SAW) manufacturing methods and perform as well as those
using higher cost manufacturing methods such as Bulk Acoustic Wave
(BAW). Resonant's method delivers excellent predictability,
enabling achievement of the desired product performance in roughly
half as many turns through the fab. In addition, because Resonant's
models are fundamental, integration with its foundry and fab
customers is seamless because its models speak the "fab language"
of basic material properties and dimensions.
Safe Harbor / Forward-Looking Statements
This press release contains forward-looking
statements, which include the following subjects, among others: the
capabilities of our filter designs and software tools, and the
benefits of our patent and IP protection program. Forward-looking
statements are made as of the date of this document and are
inherently subject to risks and uncertainties which could cause
actual results to differ materially from those in the
forward-looking statements, including, without limitation, the
following: our limited operating history; our ability to complete
designs that meet customer specifications; the ability of our
customers (or their manufacturers) to fabricate our designs in
commercial quantities; our customers’ ability to sell products
incorporating our designs to their OEM customers; changes in our
expenditures and other uses of cash; the ability of our designs to
significantly lower costs compared to other designs and solutions;
the risk that the intense competition and rapid technological
change in our industry renders our designs less useful or obsolete;
our ability to find, recruit and retain the highly skilled
personnel required for our design process in sufficient numbers to
support our growth; our ability to manage growth; and general
market, economic and business conditions. Additional factors that
could cause actual results to differ materially from those
anticipated by our forward-looking statements are under the
captions “Risk Factors” and “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” in our most
recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q)
filed with the Securities and Exchange Commission. Forward-looking
statements are made as of the date of this release, and we
expressly disclaim any obligation or undertaking to update
forward-looking statements.
Investor Relations Contact:Greg Falesnik or
Luke ZimmermanMZ Group - MZ North America(949)
259-4987RESN@mzgroup.us www.mzgroup.us
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