Destiny Files Patent For Video Platform For Web Browsers
September 1, 2011 at 5:08 PM (PT)
DESTINY MEDIA TECHNOLOGIES, INC. has filed a provisional patent application on AUGUST 17th for a new invention that renders video to web browsers on all computers and devices, including mobile, without requiring advance support or permission from that device or manufacturer.
DESTINY's invention provides a cacheable, cross platform standard compatible with all web servers and browsers, saving up to 90% on bandwidth costs, while ensuring a nearly 100% playback rate without any effort from the consumer.
"The summer of 2011 has seen a flurry of activity surrounding the so-called 'smartphone patent wars' being waged in the U.S. and elsewhere," CEO, STEVE VESTERGAARD said. "Some of the largest technology companies in the world have been buying up patent portfolios and stepping up their efforts to enforce their IP rights against their competitors, so we're very pleased to file an application for an invention in the space which we believe will be very valuable commercially."
DESTINY's invention will enable publishers to create a single high-quality video which will confidently play on any device and operating system that can access a web page. A commercial version of DESTINY's solution is expected to be released by the end of the year.