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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    My Size Issued U.S. Patent for Smart Mobile Measurement Technology

    My Size Issued U.S. Patent for Smart Mobile Measurement Technology

    Published by Gbaf News

    Posted on July 2, 2018

    Featured image for article about Top Stories

    Company granted intellectual property protection for “Method and system for measuring a path length using a handheld electronic device”

    AIRPORT CITY, Israel- 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.

    Company granted intellectual property protection for “Method and system for measuring a path length using a handheld electronic device”

    AIRPORT CITY, Israel- 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.

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