PROVO, Utah, Jan. 15, 2015 /PRNewswire/ — Contour, LLC today announced that it has added two meaningful patents to its already robust portfolio of utility and design patents and patent applications.
The company’s recent receipt from the United States Patent Office of two wireless connectivity patents further solidifies Contour’s place as a leader in the fast growing segment of action camera consumer electronics, which it has helped to pioneer since 2004. Contour has been an innovator of ‘firsts’ in many critical action camera categories including: first with 1080p HD; built-in GPS; wireless connectivity to a remote device such as a smartphone; rotating lens; and one touch instant-on, which enables nearly double the battery life of many other action cameras.
The newest patents relating to Contour’s wireless connectivity are U.S. Patent Nos. 8,890,954 and 8,896,694.
“Contour is and continues to be an innovator. Now we are able to marry our innovations with issued patent protection. This adds further validation to our inventions and most significantly, will allow us to more fully capitalize on these innovations,” said James Harrison, Chief Executive Officer of Contour.
A substantial portion of the current action camera market utilizes wireless connectivity between the camera and a remote/mobile device to preview and control what is being recorded.
Contour’s management anticipates that these patent rights present a significant opportunity for Contour and will significantly increase the revenue and enterprise value of the organization. “Certainly, one would have to maximize the value of such a key feature as wireless connectively inherent to these patents. Most action camera makers charge an average premium of $60-$70 for that feature alone,” stated Ken Kaufman, President of Contour.