ATLANTA, May 14, 2007 (PRIME NEWSWIRE) -- VuBotics, Inc. (OTCBB:VBTC) and Oak Ridge National Laboratory (ORNL), today announced that the United States Patent & Trademark Office has issued ORNL a patent (U.S. Patent No. 7072883) for its VIPAR (Virtual Information Process Agent for Research) technology, a database mining technology designed to enable users to gather, process and distill massive amounts of information up to 10 times faster and more thoroughly than can been accomplished unassisted. VuBotics previously entered into an exclusive licensing agreement with ORNL to commercialize its VIPAR technology through its new product, VIPAR for VuIT(tm) Mine.
VIPAR utilizes hundreds of individually deployed intelligent software agents to autonomously gather and organize massive amounts of information, then distills the information into relevant clusters for analysis. Disparate databases connected with the Internet throughout the world can be searched to locate target information without the need for any complex integration systems. VIPAR's intelligent software agents were initially developed to address challenges facing the military and intelligence community, and have been successfully deployed for military use by U.S. Pacific Command and the U.S. Sixth Fleet.
Combined with VuIT Mine, users can direct research remotely or directly through an XML interface. The software integrates itself directly into the native application programs through its dock and presents information through a proprietary graphical user interface designed specifically for the user's industry, role and responsibility.
David Rollo, chief marketing officer at VuBotics, Inc., commented, "The enhancements to our VuIT(tm) product make it a powerful and unparalleled tool for sifting through huge amounts of data in a way that saves time and money. The newly-issued patent protection combined with our exclusive rights for commercialization place VuBotics in an enviable position of leadership with this ground-breaking technology. We look forward to expanding its use beyond its current military deployment into the business segment of the economy and we plan to aggressively pursue this market."
Key features include:
* User specific intelligent agent deployment * Shared ontological database * Real time data collection * Relational search for best practices * Dynamic dock construction * Customizable graphical user interface
How to get VuIT(tm) Mine
VuIT(tm) Mine is available in pilot deployments for enterprise at www.vubotics.com. Simply contact your nearest VuBotics representative to set-up a meeting to discuss your information needs.
About Oak Ridge National Laboratory (ORNL)
Oak Ridge National Laboratory's Computing and Computational Sciences Directorate conducts state-of-the-art research and development in computer and computational sciences in support of DOE's missions and programs. We develop and deploy leading edge computing and information technology capabilities to keep computational sciences at a level comparable to experimental sciences in the pursuit of scientific discovery and technical innovation
About VuBotics
VuBotics, Inc. is an emerging technology provider dedicated to improving the reading experience. Today, VuBotics has several patent pending software applications, including VuIT(tm) Online Reader and VuIT(tm) Mobile, which are designed for content providers and aggregators worldwide. The VuIT(tm) product family uses an advanced proprietary algorithm that dynamically delivers text sequentially onto a viewing screen, word-by-word, rather than as static text across a screen. Other VuBotics products under development include online experience metrics, and relational search and intelligent agent technologies. Based in Atlanta, Georgia, VuBotics' strategy is to take advantage of the growing market for digital content through business relationships with global media and technology companies. For more information, visit: www.vubotics.com.
The VuBotics, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2771
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of VuBotics officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future VuBotics actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and VuBotics has no specific intention to update these statements.