Placing Strategic Bets The Portfolio Approach Measuring And Managing Innovation Risk

As a result, our businessand financial condition can be harmed. Ourindustries are characterised by case look at solution existence of a large number of patents and common claims and associated litigation regardingpatent and different intellectual assets rights. We cannot be sure that our merchandise don’t and will not infringe issued patents,patents that may be issued in case examine solution future, or other intellectual property rights of others. Wedo not have case examine solution resources to conduct exhaustive patent searches to investigate even if case examine solution technology used in our items infringespatents held by third events. In addition, product development is inherently doubtful in a unexpectedly evolving technological environmentin which there can be numerous patent purposes pending, lots of which are personal when filed, with reference to similartechnologies. Wemay face claims by third parties that our merchandise or technology infringe their patents or different highbrow belongings rights. Nxt ID’s biometric safeguard paradigm is Dynamic Pairing Codes DPC. DPC are a new, proprietary method to secureusers, devices, bills, locations and servers over any conversation media by sharing key identifiers, including biometric enabledidentifiers, among end elements by passing dynamic pairing codes random numbers among end elements to determine sessions and/ortransactions with out exposing identifiers or keys. TheCompany also plans to serve case study answer access manage and law enforcement facial recognition markets withour existing3D facial attention technology products starting with US Federal and State governmental agencies. These items, whose underlyingtechnologies have been approved by case study solution Company, offer buyers with case study answer capability to join topics in a 3D database anduse that database for verification of identities. Effective June 25, 2012, case study answer Company acquired100% of case study answer membership interests in 3D ID, LLC“3D ID”, a restricted liability agency formed in Floridain February 2011 and owned by case learn about solution Nxt ID founders, Gino Pereira, our Chief Executive Officer and David Tunnell, our Chief TechnologyOfficer. Since this was a transaction among entities below average manage in keeping with Accounting Standards Codification“ASC” 805, “Business Combinations”, Nxt ID recognized case study solution net assets of 3D ID at their sporting amountsin case find out about answer bills of Nxt ID on case learn about answer date that 3D ID was organized, February 14, 2011.