OpenExchange Granted Key Patents for Video and Multimedia Live Streaming Technology
CompanyProductLincoln, Massachusetts – May 12, 2020 – OpenExchange, the premier video solutions company for investor communications, announced today the issuance by the U.S. Patent and Trademark Office of two key patents for the live multimedia video streaming technology embedded in its Knovio smart media platform.
- U.S. Patent No. 10,560,502, “Method to re-synchronize live media streams, commands, and on-screen events transmitted through different internet pathways” discloses features that are at the heart of OpenExchange’s live streaming offering, known as OE Live.
- U.S. Patent No. 10,652,293, “Method to record and replay synchronized media streams, commands, and on-screen events transmitted through different internet pathways” covers technology that is at the core of OpenExchange’s “NeverLate” feature, which gives late arrivals to a multimedia presentation to join in progress, view from the beginning, or skip around in the previously livecast content, while all multimedia elements stay in sync.
Both of these patented inventions were developed by KnowledgeVision Systems, which merged into OpenExchange in October, 2019. Listed on the patent as inventors are KnowledgeVision co-founders Alex Kieft and Michael Kolowich, and Head of Engineering Joe McPherson. All of the inventors are currently executives at OpenExchange.
“Variations across the web in network performance, buffering, and latency can wreak havoc on multimedia experiences delivered over the internet,” noted Kolowich, OpenExchange’s Chief Content Officer. “With these new patented capabilities, multimedia presentations are delivered in perfect sync, no matter the latency, network delays, or bandwidth. And our second patent has enabled the NeverLate feature, which ensures that late arrivals don’t need to miss a minute of multimedia livecasts hosted by OpenExchange.”
About OpenExchange
Based in Boston, New York, London, and Hong Kong, OpenExchange video-enables the vital daily communications of the financial services and professional investment industry and its clients with advanced one-to-one, one-to-many, and many-to-many video technologies, tools and services. Anchored by its experience in connecting more than 100,000 video endpoints in the professional investment community and more than 475,000 registered users to its video platform, the OpenExchange Network bridges the worlds of real-time videoconferencing, video live-streaming, and searchable on-demand video archives and showcases, making it easy to connect, create, disseminate, and discover information critical to investment and business decisions.