Suffern, N.Y. – June 21, 2021 –StoryFile, LLC has acquired a patent portfolio that complements its existing technology that creates conversational video interactions between individuals across time and space. The portfolio includes U.S. Patent Nos. 9,582,762 and 10,579,921 for “Devices, systems, and methods for learning and using artificially intelligent interactive memories” and two continuation patent applications.
StoryFile’s mobile native cloud-based automatic AI-driven conversational video platform has propelled StoryFile to reach new frontiers in the technology and AI landscape. StoryFile is changing the way people record, preserve, and access their personal life history and any individual’s legacy by creating a new medium to interact and communicate with each other and the world. The user-led, voice activated conversational video technology leverages AI to enhance a natural conversation with the video captured on any device with a camera, users can speak to people ranging from great grandparents to thought leaders, noble laureates, astronauts and beyond. StoryFile provides a platform for intimate and interactive conversation through their proprietary technology Conversa, which allows individuals to authentically preserve and share their stories and experiences through an innovative mobile legacy capture system. StoryFile provides individuals and families with an opportunity to curate their own lives and preserve their history and legacy on any device connected to the internet. StoryFile recently released a new beta-version of the StoryFile App available now on the IOS App Store, where users from around the world can engage with StoryFiles and record their own interactive story online. StoryFile will be releasing StoryFile Life in early 2021 to allow users to create their own full-length legacy StoryFiles using their own phones or computers to record their interactive life history. Future updates to follow.
“The portfolio will enable StoryFile to expand into the mass consumer market of users of video chat applications such as Skype, FaceTime, and Viber and personal assistants such as Echo/Alexa, Apple HomePod, Google Home, Siri, and Cortana, putting StoryFile on the radar screen of the largest tech companies,” according to Jay Cosic, inventor of the patent portfolio. Mr. Cosic is a named inventor on over 60 U.S. patents and applications, and CEO of AwareGen, a company that focuses on inventing foundational breakthrough technologies in the areas of Artificial Intelligence, video, and VR/AR/MR. AwareGen’s most advanced technologies include pre-requisites for machine self-awareness in several pending patent applications, and development of actual machine self-awareness.
The portfolio was represented by IPOfferings LLC, a leading patent brokerage firm and provider of patent valuation, patent enforcement, and IP consulting services. “When brokering a portfolio,” says Alec Schibanoff, Vice President of IPOfferings, “you sometimes find a company that is just the perfect fit, and that is certainly the case with the acquisition by StoryFile of this incredibly dynamic portfolio.”
“We are thrilled to add this Artificial Intelligence patent portfolio to StoryFile’s resources and technology, as it complements our interactive capabilities for the preservation of people’s life stories. StoryFile’s innovative and proprietary technology allows people to engage and connect on a personal level and in a way that puts the powers in the hand of the storyteller, literally,” said StoryFile CEO Heather Smith. She continued, “StoryFile is ushering in a new wave of storytelling, preserving history, and creating new connections between people. We look forward to sharing more updates in the near future, as we continue to make StoryFile accessible globally.”
Terms of the transaction are confidential.
For more information, IPOfferings can be reached at news@IPOfferings.com or 845-337-6911.