HIT Technologies Awarded Second Patent
Company awarded patent for RailslideTM, an innovative mounting system for HITCASE
VANCOUVER, Sept. 22, 2015 /CNW/ - HIT Technologies Inc. (TSXV:HIT) ("HIT" or "the Company"), designs, develops, manufactures and distributes the world's most advanced adventure products for iPhone, including the shockproof, waterproof HITCASE® PRO with professional lens and mounting systems for the iPhone. Today, HIT announced that it has been awarded a patent for Railslide, the Company's mounting rail system.
"We are thrilled that the United States Patent and Trademark Office has recognized HIT's innovation in the mobile space and the novel design of Railslide, granting us with our second patent to date," said Brooks Bergreen, CEO of HIT Technologies. "We have made a significant investment in designing and engineering HITCASE, so we consider patent protection to be an essential aspect of our strategy. Railslide is an innovation germane to our offering and vision as it provides our customers with greater flexibility when filming their adventures, highlighting our commitment to offering an enhanced user experience and force multiplier for the iPhone."
The HITCASE Railslide mounting system offers a number of mounts designed to enable customers to explore different points of view and operate the camera hands-free. With Railslide mounts, customers can turn their iPhone into a wearable with our body mounts, extend their reach with our telescoping ShootRTM pole, or attach their HITCASE to bikes, helmets, automobiles, boats, and everything in between. The Railslide is engineered to be sturdy enough to hold HITCASE in place in challenging environments, yet is still quick-and-easy to connect and disconnect.
Issued on September 8, 2015 by the United States Patent and Trademark Office, RailslideTM, patent no. 9,127,806, allows the mounting of HIT's waterproof mobile device case to various accessories, such as a stand or other fixed position devices.
To date, HIT has been awarded two patents in the United States for its inventions, including the RailslideTM and the Waterproof Case Patent, which was granted on July 8, 2014 for a term of 20 years commencing January 26, 2013.
About HIT Technologies Inc.
HIT develops and markets a portfolio of products for use on Apple iPhones across the globe. HIT believes that there is a significant opportunity in helping people get Ready for Adventure™ with the best camera they already have, their iPhone. HITCASE PRO allows people to create exciting photo and video content using patent pending Railslide™ mounts without the need for additional cameras, or gear that get in the way of the fun. With a combination of software, professional quality lenses, patented waterproofing and mounting technologies for every conceivable activity, The HITCASE PRO makes it fun and easy for users to capture and share a day at the beach, on the mountain, in the backyard, or anywhere else life takes you.
Cautionary Statement
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Forward-Looking Statements
This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about the Company's anticipated use of available funds, and the future plans and objectives of the Company are forward-looking information.
Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.
This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, global economic climate; dilution; the Company's limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; theft and risk of physical harm to personnel; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.
SOURCE HIT Technologies Inc.
For additional investor information, contact: Brooks Bergreen, CEO HIT Technologies Inc., [email protected], +1 416 815 0700, www.hitcase.com/invest
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