PALO ALTO, Calif., Sept. 21, 2021 /PRNewswire/ -- Inpixon (Nasdaq:
INPX), the Indoor Intelligence™ company, today announced it has
received a Notice of Allowance from the U.S. Patent and Trademark
Office allowing its patent application covering a multi-channel
spatial positioning system. The company believes this patent
affords it broad protection in the critical area of sensor fusion
which can increase location determination accuracy by combining
multiple methods of positioning including radio frequency, inertial
measurement data from wearables, video, sound, temperature, and
chemical sensor inputs. The patent covers Inpixon's unique
invention of combining multiple methods of positioning and
overlaying each with its own confidence factor to achieve more
accurate location determination than a single method.
Adam Benson, Inpixon CTO,
commented, "This important patent broadens and strengthens our IP
portfolio as well as provides Inpixon a unique advantage by
protecting the use of combining multiple, often radically
different, techniques to achieve the most accurate location
results. It's widely recognized that there is no perfect
positioning system or technology on the market, and that better
results are possible by combining multiple algorithms and
techniques. Through these patented methods, we are able to activate
data from the physical environment, wearables or signals from a
person, and external data to deliver more complete and accurate
results that leverage our map, video and augmented reality
platforms. Location accuracy is extremely important to address many
use cases, including logistics optimization, asset tracking,
navigation, geofencing, worker safety, and more, making this a
major differentiator for Inpixon."
Nadir Ali, CEO of Inpixon,
stated, "We are proud to be awarded this patent and look forward to
providing our existing and prospective customers with
first-in-class accuracy and features that leverage their existing
technology investments to gain valuable insights on their
facilities. With this patent, we believe Inpixon is positioned to
provide the most effective location solution in the market."
About Inpixon
Inpixon® (Nasdaq: INPX) is the innovator of Indoor
Intelligence™, delivering actionable insights for people, places
and things. Combining the power of mapping, positioning and
analytics, Inpixon helps to create smarter, safer, and more secure
environments. The company's Indoor Intelligence and mobile app
solutions are leveraged by a multitude of industries to optimize
operations, increase productivity, and enhance safety. Inpixon
customers can take advantage of industry leading location
awareness, RTLS, workplace and hybrid event solutions, analytics,
sensor fusion and the IoT to create exceptional experiences and to
do good with indoor data. For the latest insights, follow Inpixon
on LinkedIn, and Twitter, and visit inpixon.com.
Safe Harbor Statement
All statements in this release that are not based on
historical fact are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 and the
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. While management has based any forward-looking statements
included in this release on its current expectations, the
information on which such expectations were based may change. These
forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of risks,
uncertainties and other factors, many of which are outside of the
control of Inpixon and its subsidiaries, which could cause actual
results to materially differ from such statements. Such risks,
uncertainties, and other factors include, but are not limited to,
the fluctuation of economic conditions, the impact of COVID-19 on
Inpixon's results of operations and global supply chain
constraints, Inpixon's ability to integrate the products and
business from recent acquisitions into its existing business, the
performance of management and employees, the regulatory landscape
as it relates to privacy regulations and their applicability to
Inpixon's technology, Inpixon's ability to maintain compliance with
Nasdaq's minimum bid price requirement and other continued listing
requirements, the ability to obtain financing, competition, general
economic conditions and other factors that are detailed in
Inpixon's periodic and current reports available for review at
sec.gov. Furthermore, Inpixon operates in a highly competitive and
rapidly changing environment where new and unanticipated risks may
arise. Accordingly, investors should not place any reliance on
forward-looking statements as a prediction of actual results.
Inpixon disclaims any intention to, and undertakes no obligation
to, update or revise forward-looking statements.
Inpixon Contacts
Media relations and general inquiries:
Inpixon
Email: marketing@inpixon.com
Web: inpixon.com/contact-us
Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com
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SOURCE Inpixon