|By Marketwired .||
|December 6, 2013 12:27 PM EST||
CHARLOTTE, NC -- (Marketwired) -- 12/06/13 -- Revolutionary Concepts Inc., (OTCQB: REVO), a publicly traded company that designs and develops mobile video software and remote security communication systems, announced that it has been in talks with one of the world's largest internet related service companies to sell or license its patented mobile product portfolio. REVO developed the "EyeTalk Communicator," a mobile video, remote smart camera security technology. The system is designed to provide nationwide protection and monitoring of homes and businesses against multiple threats including robbery, fire, theft, burglary and other intrusions through mobile phones, wireless video and remote smart camera security technology.
REVO has been in talks with a U.S. multinational corporation that specializes in Internet-related services and products and services that include internet search, cloud computing, software, mobile wireless devices, digital entertainment, social networking and online advertising technologies. The internet company, located on the west coast, is a publicly traded company that reported over $50 billion in revenue in their Annual Report for 2012.
REVO's consultants have engaged the company in several rounds of talks for them to either purchase and/or license REVO's portfolio of product patents. The internet company could consider licensing the security technology to major residential and commercial security companies, and launch a mobile phone based service that would allow users to manage, monitor and control their security systems from their mobile smart phones and other wireless devices. The mobile phone application software could be licensed to the major mobile phone carriers to provide the online security service to their customers. The EyeTalk system will interface with smart devices such as iPhone, iPad, BlackBerry and Andriod, and represents the new frontier in the use of wireless smart devices for protection and security. REVO holds patented and patent pending applications that utilize smart camera technology in medical/healthcare, sporting events, child monitoring and several other key areas.
REVO's "EyeTalk" Communicator System is projected to revolutionize the mobile and online security services market by selling a patented proprietary system designed to provide an unprecedented level of wireless communication, property protection, interactive services and security solutions. The system includes an advanced Detection and Viewing system to visually detect a person at any entrance, a Two-way Audio-Video communication module, a Video communication module to monitor Children in car seats, person to person communications and online gaming applications. The system also has a module for detecting threats using radar-based Automated audio video messaging and answering system.
About Revolutionary Concepts Inc.
REVO is focused on the design and development of the "EyeTalk" Communicator technology, a mobile video, remote smart camera security technology. The system is designed to provide nationwide protection and monitoring of homes and businesses against multiple threats including robbery, fire, theft, burglary and other intrusions through mobile phones, wireless video and remote smart camera security technology. REVO holds patented and patent pending applications that utilize the technology in medical/healthcare, sporting events, child monitoring and several other key areas. Mobile and wireless communications are the major forces driving the "EyeTalk" system technology and represents a new frontier of wireless smart devices for home and business protection. For more information visit www.revolutionaryconceptsinc.com
Safe Harbor Statement - There are matters discussed in this media information that are forward looking statements within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. Such statements are only forecasts and actual events or results may differ materially from those discussed. For a discussion of important factors which could cause actual results to differ from the forward looking statements, refer to Revolutionary Concepts Inc.'s most recent annual report and accounts and other SEC filings. The company undertakes no obligation to update publicly, or revise, forward looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
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