GeoSentric Oyj: GyPSii Awarded Core Patent in Mobile Social Networking

Posted on: Tue, 23 Jun 2009 07:20:00 EDT


Symbols: GOYJF
Jun 23, 2009 (M2 PRESSWIRE via COMTEX) --
GOYJF | Quote | Chart | News | PowerRating -- Salo Finland and Amsterdam, The Netherlands - GeoSentric Oyj (NASDAQ OMX: GEO1V), developers of the award-winning GyPSii mobile social networking application (www.gypsii.com), today announced that the European Patent Office (EPO) has granted an EU-wide patent for the transmission of location-based information between devices and the subsequent publishing of that information for viewing on a map. This feature represents what the industry has coined "friend finding," and as such, is the cornerstone of the combination of mobile social networking and location based services.

This significant Friend Finding patented technology enables GyPSii users to locate and share information with friends to view on a map, and further protects intellectual property enabling key features such as pushing user generated place content or requesting a friend's location so they can meet-up, on mobile devices. The company uses the patented technology in the friend finding capability to allow users to share their location over a mobile device. Users can request or share their location and a favorite place location with one or many friends, from mobile device to mobile device, and view the location on a map on the device/s.

"Location adds context to the GyPSii social networking experience. It allows people to create, connect and share while on the move exploring their world," explained Dan Harple, Executive Chairman of GeoSentric and GyPSii. "The granting of this Patent to our technology portfolio rewards our continous pursuit of innovation and adds enormous value to our Intellectual Property assets."

The patent is the first of 6 patent technologies developed by GyPSii to be granted by the Patent Office. The capability can also be applied in other uses such as Fleet Management, Field Operations and Emergency Services. The patented technology is additionally embedded in the company's line of TWIG products.

The GyPSii application is available across a wide range of devices, including Samsung, Nokia, LG, Apple iPhone and BlackBerry handsets. For a full list of supported devices, or to download GyPSii now, go to: www.gypsii.com/m. Chinese users should go to: www.gypsii.com.cn/m for local language support.

ABOUT GEOSENTRIC Oyj (GyPSii):

GeoSentric's GyPSii is the market-leading mobile digital lifestyle application and geo-mobility social networking platform: connecting people, places and communities across networks and devices. Based in Salo, Finland and Amsterdam, The Netherlands, GeoSentric operates offices in North America, Europe and Asia Pacific. GeoSentric is listed on the Nordic Exchange (NASDAQ OMX: GEO1V)). For more information, visit www.gypsii.comand www.gypsii.com.cn 2009 GeoSentric. All rights reserved.

The GyPSii related marks, images and symbols are the exclusive properties and trademarks of GeoSentric and/or its business units. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners.

CONTACT: GEOSENTRIC Oyj
WWW: http://www.gypsii.com.cn
Becky Kiely / Laura Bryant, CCgroup
Tel: +44 (0)118 920 7650
e-mail: gypsii@the-cc-group.com

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on (GOYJF) GOYJF. (GOYJF) has Short Term PowerRatings at TradingMarkets. Details on (GOYJF) Short Term PowerRatings is available at This Link.

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Thursday February 11 04:30 PM
* Attendance is strictly limited and are filled on a first-come, first-served basis.