Vection Technologies strengthens INTEGRATEDXR® IP with several US and EU patents 1

Vection Technologies has announced that several patents have been granted related to its INTEGRATEDXR® technology stack in the US and Europe, strengthening its intellectual property position. The patents cover a range of technologies such as a method that allows the user of a 3D graphics software to execute an affine transformation using a virtual reality (VR) input device, a method for structured recording in VR that synthesizes digital video to be viewed across any 3D viewing device and edited through suitable software, an application for uploading and modifying 3D models within a VR environment, and a modular shell that includes technology to detect and process personal data and holographic touchless systems that allow man-machine integration without physical contact. Vection Technologies helps businesses bridge the physical and digital worlds through a unique INTEGRATEDXR® workflow. The company is listed on the Australian Securities Exchange (ASX) under the ticker code VR1 and trades on the U.S. over-the-counter (OTC) markets under the symbol VCTNY.

Vection Technologies, the INTEGRATEDXR® company, has announced that several patents have been granted in both the US and Europe related to its INTEGRATEDXR® technology stack. The patents strengthen the company’s intellectual property position and underscore its commitment to helping businesses bridge the physical and digital worlds.

The USPTO has issued patent number 11,398,082 entitled “Affine transformations of 3D elements in a virtual environment using a 6DOF input device”. The patent covers a method that allows the user of a 3D graphics software to execute an affine transformation using a virtual reality (VR) input device, with higher precision, reliability, and flexibility compared to prior schemes.

The Italian Patent and Trademark Office (UIBM) has issued two patents. The first one is patent number 102020000020347 entitled “Method and related tools for customizing the re-playing of video sequences in a virtual world”. It covers a method for structured recording in VR that synthesizes digital video to be viewed across any 3D viewing device and edited through suitable software. The second one is patent number 102019000007452 entitled “Software application for the control and management of three-dimensional models and related operating procedure”. It relates to an application for uploading and modifying 3D models within a VR environment.

The UIBM has also issued a utility model, number 202022000004782 entitled “Equipment for managing the admission and/or exit procedure, through personal data registration in hotels, hospitals, ports, airports, and public services in general”. The patent covers a modular shell that includes technology to detect and process personal data and holographic touchless systems that allow man-machine integration without physical contact.

Gianmarco Biagi, Managing Director of Vection Technologies, said that the patents’ official recognition is the first step aimed at protecting the company’s leading position globally. Vection Technologies is revolutionizing businesses’ adoption of Extended Reality (XR) technologies through a unique INTEGRATEDXR® workflow. From Virtual Reality (VR), Augmented Reality (AR) and Mixed Reality (MR) technologies to the Metaverse, ICT Infrastructure, Kiosks, and 3D Modeling and Rendering services, the company helps businesses bridge the physical and digital worlds.

Vection Technologies is a rapidly expanding company that provides enterprise-focused solutions to help organizations bridge the gap between the physical and digital worlds. By leveraging their 3D data, Vection Technologies facilitates powerful extended reality (XR) interfaces that improve collaboration, learning, and sales growth. The company is listed on the Australian Securities Exchange (ASX) under the ticker code VR1 and trades on the U.S. over-the-counter (OTC) markets under the symbol VCTNY.

To learn more about Vection Technologies, please visit their website at www.vection-technologies.com.

FORWARD LOOKING STATEMENTS:

This release contains forward-looking statements, which are based on Vection Technologies’ current expectations, estimates, and projections regarding the industry in which it operates, as well as its beliefs and assumptions. These statements are not historical facts, but rather anticipate future events and performance. Forward-looking statements can be identified by expressions such as “anticipate,” “believe,” “expect,” “project,” “forecast,” “estimate,” “intend,” “should,” “will,” “could,” “may,” “target,” “plan,” and other similar phrases.

These statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Vection Technologies cautions shareholders and prospective shareholders not to place undue reliance on these statements, which reflect the view of Vection Technologies only as of the date of this release. The company has no obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this release except as required by law or by any appropriate regulatory authority.

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