Broadcast International, Inc. Ranked among Top Companies for Its Intellectual Property
MDB Capital Group Ranks the Company in the Top One Percent of Over 4,000 Companies in Its Analysis of US Patents
LAS VEGAS, April 13, 2011 - Broadcast International, Inc. (OTC Bulletin Board: BCST) today announced at the National Association of Broadcasters (NAB) conference that it has been ranked in the top one percent of over 4,000 companies for IP leadership, as determined by MDB Capital's PatentVest evaluation methodology. PatentVest provides technology analyses for MDB Capital's institutional investor clients.
Christopher Marlett, CEO of MDB Capital Group commented by saying, "Broadcast International's embedded IP value and demonstrated innovation places it in the top 10% of the approximately 1500 technology companies trading below $500MM in market value as ranked by our proprietary IP intelligence database called PatentVest. Our research has shown that this elite group of companies demonstrating above average PatentVest metrics, such as PatentVest Tech Score and the compound annual growth rate (CAGR) of patent applications, has significantly outperformed their publicly traded peers. In addition, companies in this group have demonstrated higher margins and more sustained growth."
According to Rod Tiede, President and CEO of Broadcast International, " We are proud of the Five Star Value Rating from PatentVest. The other companies with this distinction have a median market value in excess of $900 million."
The primary selection metric used for PatentVest's Tech Score, MDB's proprietary measure of the industry impact of a company's patents based upon the analysis of patent citations relative to its peer group of patents. According to MDB, PatentVest is the product of over $4 million and 75,000 man-hours of development to build the most powerful patent database, search engine and analytic platform in the world. It covers over 4,000 public and private companies, 4 million U.S. patents and 2 million U.S. patent applications. The selection process also included an analysis of a company's three-year Patent Application CAGR, the number of patents granted, patent applications on file and Application Conversion Ratio.
Tiede also said development of additional Intellectual Property will continue to be a priority for our company. "Our core values consist of an innovative spirit, providing our employees with an environment to be creative and our team's commitment to consistently increase value for our shareholders."
About Broadcast International, Inc.
Broadcast International is a leading provider of video-powered broadcast solutions, including IP, and digital satellite, Internet streaming and other types of wired/wireless network distribution. BI's patented CodecSys software is a breakthrough, multi-codec video compression technology that cuts video bandwidth requirements over satellite, cable, IP and wireless networks. By slashing bandwidth needs, CodecSys enables a new generation of applications such as streaming video to cell phones, and offers unprecedented price/ performance benefits for existing applications such as HD video.
Broadcast International is a public company (OTC BB: BCST) headquartered in Salt Lake City, UT. For more information, visit: www.brin.com and www.codecsys.com.
SOURCE Broadcast International, Inc.
CONTACT: Steve Jones of Broadcast International, Inc., +1-801-562-2252 , stevej@brin.com
Web Site: www.brin.com/
