HOUSTON, TX--(Marketwired - Jun 29, 2015) - During the Annual Meeting of the State Bar of Texas the Intellectual Property Section named Chris M. Hymel, Ph.D., Signal Advance Inc. (
Malcolm Skolnick, Ph.D., J.D., a current Signal Advance Officer and Director, as well as long-time friend and mentor, introduced Dr. Hymel, describing a long history of collaboration and innovation. Dr. Skolnick remarked, Dr. "After my 32 years working with Dr. Hymel, I have come to appreciate the adage that, a teacher with a good student casts two shadows."
Dr. Hymel, in his address to the capacity audience of patent attorneys, explained the intellectual property and provided numerous examples of applications for Signal Advance technology. He went on to describe the potential of the technology to significantly impact product yields, energy efficiency, pollution, medical outcomes, military systems and safety across a broad range of market sectors.
Some of the previous "Inventor of the Year" recipients include:
The complete list shows a tremendous diversity of innovation that has impacted all walks of life. Texas ranks second in the number of patents issued to its residents -- over 71,500 patents over the last ten years, surpassing New York in 2004. This alone speaks to the level of competition from Texas inventors and thus the prestige of the award. Dr. Hymel expressed what a humbling experience it was to be counted among such a distinguished group of innovators. In his address to the nearly 100 patent attorneys in attendance, Dr. Hymel also stated, "I am honored to be recognized by group of individuals witnessing the leading edge of scientific and technological development."
Dr. Hymel was previously recognized for the development of Signal Advance technology by the Intellectual Property Section of the Oklahoma Bar Association which named him the 2012 Innovator of the Year. The Company was also awarded first place in the 2011 Goradia Innovation Prize competition. The selection was based on the commercial potential of the technology, soundness of the business plan, potential for regional job growth, and likelihood of significant long-term success.
About Signal Advance, Inc.
Signal Advance, Inc., an emerging technologies company, has developed and is now commercializing its proprietary technology to improve performance in signal detection and control systems. Our proprietary Signal Advance technology temporally-advances complex analog signals. In other words, output of a Signal Advance circuit actually precedes the complete detection of the input signal. These "real-world" signals can represent a wide variety of physical properties such as pressure, flow, position, vibration, temperature, pressure, proximity, bioelectric activity (EKG, EEG, etc.). This time advance imparted could potentially offset or significantly reduce signal detection delays associated with a variety of sensors to improve performance in control, intervention, and/or signal transmission systems. Reducing or offsetting response delays has the potential to improve outcomes for medical interventions, increase energy efficiency, reduce emissions, boost manufacturing and production yields and improve targeting accuracy. Target markets include transportation, energy generation and distribution, military defense, manufacturing, industrial process control, medicine and communications. For more information, visit signaladvance.com.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks, including those set forth in the Company's most recent Form 10-K filed with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and the Company undertakes no obligation to update such statements.
Malcolm Skolnick, Ph.D., J.D.
Signal Advance, Inc.
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