24th Jun 2014 08:27
LONDON (Alliance News) - Arria NLG Tuesday boosted its intellectual property portfolio when it was awarded two US patents.
The company, which produces technology that analyses complex data streams and converts it into actionable information, said it had been awarded a patent for its "Method And Apparatus For Alert Validation" and its "Method And Apparatus For Situational Analysis Text Generation" technology.
"We believe that long-term shareholder value is fostered by commercial success and the creation of robust intellectual property assets, and we are pleased that the first US Patent and Trademark Office actions on our patent applications have been favorable to Arria," Chairman and Chief Executive Stuart Rogers said in a statement.
Arria NLG shares were down 2.6% at 56 pence Tuesday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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