Open Invention Network (OIN) has accepted Pinmicro as a new member to its list of global conglomerates and startups

Kochi, December 18th 2019

Pinmicro has been accepted as a member of the Open Invention Network (OIN). Open Invention Network (OIN) is a global community whose main aim is to remove patent friction in core open source technologies, which drives higher levels of innovation. Open Source Software (OSS) distils the collective intelligence of a global community. By design, the OIN exists to preserve patent freedom for participants in key Open Source Software (OSS) projects.

As we keep pushing our limits to bring new products and services using technologies like BLE and UWB, we believe our membership with Open Invention Network (OIN) will solidify and ensure the safety and protection we need for our product patents .”, Ravindranath A V, CEO, India, EMEA and Americas.

Established in 2005, Open Invention Network (OIN) is the world’s largest patent non-aggression community and free defensive patent pool. Funded by Google, IBM, NEC, Philips, Sony, SUSE and Toyota, OIN has more than 3,400 community members who have access to more than 2.6 million patents and applications.

Additional References

For more information on Pinmicro and how its solutions drive business transformation please visit https://pinmicro.com/

About Pinmicro

Headquartered in Tokyo, Japan Pinmicro is a global provider of IoT-based Real-Time Location Solutions (RTLS) that range from high-precision BLE and UWB hardware beacons to enterprise-scale cloud-native analytics. Our vision is to help enhance the business performance of our customers by locating, monitoring and analyzing resources in real-time. Our location intelligence solutions accelerate digital transformation across business domains including retail, education, manufacturing, event management, O2O, facility operations and smart workspaces. In addition to technical excellence providing the world’s best RTLS platform, and consistently delivering innovative yet affordable solutions, delighting our customers with a customer-first mindset is what we do best at Pinmicro.

Safe Harbor

Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. In addition, please note that the date of this press release is 18th December 2019, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.

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