AIRPORT CITY, Israel,
June 28, 2018
/PRNewswire/ -- MySize, Inc. (the "Company" or
"MySize") (MYSZ) (NASDAQ: MYSZ) (TASE: MYSZ), the
developer and creator of smartphone measurement applications,
announced today it has been notified by the United States Patent
and Trademark Office ("USPTO") that it has been issued a patent to
protect intellectual property with respect to its smartphone
measurement technology.
The patent applies to the technology that powers My Size's suite
of smart mobile measurement solutions such as MySizeID™,
BoxSizeID™, SizeUp™, QSize™, and more.
"We are pleased to have been issued this patent from the USPTO
which adds another layer of intellectual property protection to our
smartphone measurement solutions in the
United States," said My Size CEO, Ronen Luzon. "As multiple industries including
retail, parcel, and DIY continue to seek out technology solutions
to help improve their bottom line, it is crucial for us to secure
the competitive advantage that our innovative solutions bring to
the market."
U.S. Patent 10,004,429, titled "Method and system for measuring
a path length using a handheld electronic device" includes
repeatedly tumbling forward the handheld electronic device so as to
cover the path to be measured; sensing a rotational change of the
handheld electronic device; counting fractional increments of
revolution of the handheld electronic device with respect to a
starting position; and estimating the path length based on the
counted fractional increments of revolution.
The Company has now been issued two patents in the U.S. together
with a patent in Russia and
Japan as it continues to seek
intellectual property protection for its innovative technologies.
Prior to this issuance, the Company received notification from the
World Intellectual Property Organization that its pending patent
application PCT/IL2016/050905 "A system for and a method of
measuring using a handheld electronic devise" is in the
National Phase of review in Russia.
Please click here for a demonstration of how the BoxSizeID™ app
works.
Please click here for a demonstration of how the MySizeID™
retail app works.
Please click here for a demonstration of the SizeUp™
"measurement from the air" smart measuring tape.
About My Size, Inc.
My Size, Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed a unique
measurement technology based on sophisticated algorithms and
cutting-edge technology with broad applications including the
apparel, e-commerce, DIY, shipping and parcel delivery
industries. This proprietary technology is driven by several
algorithms which are able to calculate and record measurements in a
variety of novel ways. To learn more about My Size, please visit
our website.www.mysizeid.com. Follow us on Facebook, LinkedIn and
Twitter.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains certain forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements are
identified by the use of the words "could," "believe,"
"anticipate," "intend," "estimate," "expect," "may," "continue,"
"predict," "potential," "project" and similar expressions that are
intended to identify forward-looking statements. All
forward-looking statements speak only as of the date of this press
release. You should not place undue reliance on these
forward-looking statements. Although we believe that our plans,
objectives, expectations and intentions reflected in or suggested
by the forward-looking statements are reasonable, we can give no
assurance that these plans, objectives, expectations or intentions
will be achieved. Forward-looking statements involve significant
risks and uncertainties (some of which are beyond our control) and
assumptions that could cause actual results to differ materially
from historical experience and present expectations or projections.
Actual results to differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. Forward-looking statements also
are affected by the risk factors described in the Company's filings
with the U.S. Securities and Exchange Commission. Except as
required by law, we undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which
the statements are made or to reflect the occurrence of
unanticipated events.
Israel Press Contact:
Eran Yoels
Rimon, Cohen and Co.
Eran@rcspr.co.il
U.S. Press Contact:
Matthew Bretzius
FischTank Marketing & PR
matt@fischtankpr.com
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SOURCE My Size Inc.