Inpixon Extends Patent Protection for Mobile Device Tracking and Management into Canada

PALO ALTO, Calif. and TORONTO, Jan. 14, 2020 (GLOBE NEWSWIRE) -- Inpixon (Nasdaq: INPX), a leading indoor data company that specializes in delivering indoor intelligence, today announced that the Canadian Patent Office has granted it Patent number 2,835,210, titled, "Managing Network Interaction for Devices." This patent serves to extend protection of embodiments within Inpixon's U.S. Patent 9,742,773 previously issued by the U.S. Patent and Trademark Office.

"While mobile phones, IoT devices, and BYOD policies can be a big productivity booster, organizations need to mitigate risks," noted Adam Benson, CTO of Inpixon. "Whether used as part of a mobile device management (MDM) system or standalone, Inpixon's patented technologies can help identify rogue devices, enable geofence alerts, disable phones in no-phone zones, and provide overall situational awareness for effective physical cyber security."

The patent covers techniques to locate, track and manage wireless devices. Signals from an unidentified device at a location related to a communications network are correlated with identification patterns of managed devices to identify whether or not the unidentified device corresponds to a managed or unmanaged device in the communications network. Both managed and unmanaged devices can be tracked, and network interaction can be managed for devices that are identified as managed devices.

About Inpixon

Inpixon^® (Nasdaq: INPX) is an indoor data company that specializes in capturing, interpreting and giving context to indoor data so it can be translated into actionable intelligence. The company’s indoor location data platform ingests diverse data from IoT, third-party and proprietary sensors designed to detect and position all active cellular, Wi-Fi and Bluetooth devices, and uses a proprietary process that ensures anonymity. Paired with a high-performance data analytics engine, patented algorithms, and advanced mapping technology, Inpixon’s solutions are leveraged by a multitude of industries to do good with indoor data. This multidisciplinary depiction of indoor data enables users to increase revenue, decrease costs, and enhance safety. Inpixon customers can boldly take advantage of location awareness, analytics, sensor fusion and the Internet of Things (IoT) to uncover the untold stories of the indoors. For the latest insights, follow Inpixon on LinkedIn, Twitter, and visit inpixon.com.

Safe Harbor Statement

All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of economic conditions, the performance of management and employees, Inpixon’s ability to obtain financing, Inpixon’s ability to maintain its exchange listing, competition, general economic conditions and other factors that are detailed in Inpixon’s periodic and current reports available for review at sec.gov. Furthermore, Inpixon operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.

Inpixon Contacts

Media relations and general inquiries:
Inpixon
Email: marketing@inpixon.com
Web: inpixon.com/contact

Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com 

Released January 14, 2020