Pinmicro has been accepted as a member of the LOT Network, a global organization committed to long-term protection against PAE litigation

Kochi, December 9th 2019

Following in the footsteps of global industry leaders and innovative up-and-coming startups, Pinmicro has been accepted as a member of the LOT Network and this membership grants Pinmicro immunity against PAE lawsuits involving the entire life of a specific patent when another member sells or transfers that patent to a PAE.

This is a significant step in our product roadmap as Pinmicro’s products and solutions are continuously evolving with the adoption of new technologies and making sure our patents are not copied or stolen is our topmost priority .”, Ravindranath A V, CEO, India, EMEA and Americas.

The LOT Network has over 1000+ members from across the world with the goal to eliminate costs from unwanted litigation over patent infringements.

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 9th 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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