Next Article Table of Contents Previous Article

Applications:

Pavilion Technologies Secures 64 Patents

Pavilion Technologies Inc has acquired expert systems technology and 64 patents from E. I. DuPont de Nemours Company, furthering the Real-Time Enterprise Optimization (REO) solution provider's position as an industry leader.

The 10-year old corporation has helped more than 200 global companies in a number of industries improve performance and maximize profits.

In addition to the 64 U.S. and foreign patents, Pavilion is also acquiring several pending patent applications and additional expert system technology from DuPont. This acquisition, along with the recent issuance of three additional Pavilion-developed patents, brings the company's substantial patent portfolio to nearly 100.

"The patents obtained in this transaction cover innovations directly pertinent to our best in class suite of optimization solutions," said Eric Hurley, vice president of Intellectual Property Management for Pavilion. "Building upon our strong foundation, this acquisition significantly improves our technology and intellectual property position in support of our strategic corporate objectives," Hurley said.

"Pavilion continues to build and invest in world-class technology and intellectual property," said Pete Perialas, CEO of Pavilion. "It is through this type of innovative and aggressive pursuit that we ensure the long-term value our technology will bring to our customers and shareholders."

The patents cover core innovations in a number of areas including neural networks and expert systems.

"These patents are natural complements to our on-going and extensive research and development efforts and reaffirms our focus on addressing our customer's needs and the emerging needs of the enterprise market," Perialas said.

About Pavilion Technologies Inc

Pavilion Technologies Inc is a Real-Time Enterprise Optimization (REO) software solutions company, helping businesses leverage the power of their information assets to make the best, real-time decisions. Pavilion has successfully implemented over 1,700 solutions at more than 200 global customer sites in a variety of industries, from financial services to industrial manufacturing. As part of its continuing commitment to shareholders and customers, Pavilion continually assesses how to best serve their needs by growing its intellectual property portfolio through innovation, partnerships and acquisition. Pavilion has an industry-leading portfolio of almost 100 patents in groundbreaking areas of real-time enterprise optimization technology, with more expected to issue shortly.

For more information visit the Pavilion Web site at www.pavtech.com. Established in 1991, Pavilion is a privately held corporation with offices in the U.S., Belgium, Japan, and New Zealand.

Contact Pavilion Technologies Inc, Austin, Eric Hurley, 512-438-1553, ehurley@pav.com.

Top of Page


Previous Article  |  Table of Contents  |  Next Article