ReelTime VR Builds its Patent Portfolio With New Instantaneous 360 Video Capture Technology For the Masses
14 June 2018 - 9:44PM
InvestorsHub NewsWire
RLTR - ReelTime VR Builds its Patent Portfolio With New
Instantaneous 360 Video Capture Technology For the Masses Using
Cell Phones or Other Devices
Seattle, WA -- June 14, 2018 -- InvestorsHub NewsWire -- ReelTime
VR (OTCPK:RLTR) has received patent-pending status from the United
States Patent and Trademark Office (USPTO) for their
non-provisional patent application covering apparatus and method
claims for technology involving simultaneous capturing of 360 X 360
degree Spherical Panorama Images and Video.
This technology will allow any cell phone or other camera to
instantaneously capture 360 X 360 Virtual Reality Video or pictures
without any need for stitching. The VR content is compatible
with and can be shared via 360 capable social sites in real time
such as Facebook, or YouTube, and on any professional VR platform
such as Oculas, Gear VR, Veer VR, Playstation VR, Littlstar, and
the HTC Vive.
The Patent application submitted just last year, successfully
claims priority back to an earlier-filed provisional patent
application to July 19, 2016.
The Simultaneous Spherical Panarama Image and Video Capturing
System (code named the “Periramascope”), as described in the
pending patent application as a “360-degree image and capturing
system having no lenses, a single lens, or a plurality of lenses.
The device directs light from a sphere surrounding the device to a
single reflected aggregate image that is then transformed into a
full 360 X 360 spherical image or any subset thereof…”
J.D. Houvener, CEO of Bold Patents and author of “Bold Ideas,”
stated: “The intellectual property contained in the non-provisional
patent application we filed on behalf of ReelTime VR has the
potential to be completely industry shaping. Our team of experts
was able to articulate the claims of the invention quite broadly so
as to provide ReelTime VR with the strongest and broadest
protections available to them.”
Barry Henthorn, CEO of ReelTime, stated: “Now that we feel we
are on as stable ground as possible at this point with our pending
patent at the non-provisional phase, we will be able to not only
introduce new and exciting capabilities to the VR content creators
but we are now able to protect ourselves against those who are
infringing upon our intellectual property.”
About Bold Patents Expertise in Patent
Law: www.boldpatents.com - Our main focus is to help
inventors and business owners secure top-quality patents on their
inventions. The process of getting a patent from the United States
Patent and Trademark Office (USPTO) is called ‘patent prosecution’,
and that is our primary focus at Bold Patents. For many inventors
and emerging businesses, protecting patents (as well as other areas
of intellectual property) is a big deal and often causes a lot of
stress and anxiety. Our goal at Bold Patents is to take the stress
and worry off your shoulders and put it squarely on ours!
About ReelTime VR: ReelTime Rentals, Inc.
DBA ReelTime VR www.reeltime.com is a publicly traded
company based in Seattle, WA (OTCPK:RLTR). ReelTime is in the
business of developing, producing, and distributing Virtual Reality
Content and technologies. We have end to end production, editing,
and distribution capabilities for internal and external projects.
ReelTime Currently produces three ongoing series for the Samsung
Gear VR platform and distributes them over numerous VR delivery
portals including Gear VR, Oculas, Veer VR, HTC Vive, YouTube 360,
Facebook, and others.
Barry Henthornbarry@baristas.tv
Reeltime Rentals (PK) (USOTC:RLTR)
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