Advanced Multimedia Technology Used By Playtech
September 20, 2006, 1:23 pm (11 years ago)
Playtech has pronounced the signing of a license agreement with 1st Technology. The patents are targeted at providing improved interactivity and optimized delivery of high class multimedia information over networks of various bandwidths, together with narrowband and broadband telephone, cable, and wireless internet.
Dr. Scott Lewis, developer of the patents and CEO of 1st Technology, said, “We are delighted that industry leader Playtech is now a licensee. Our new relationship will allow us to develop superior gaming products to the market using 1st Technology's internationally recognized patent portfolio.”
The contract will see Playtech expand access to 1st Technology's core multimedia patents, which are applicable to advanced online gaming products.
Progress ought to be the most important ‘Product’ of any expanding organization!