Legal attitude: Art. 17 para. 1 MAR - confidential information.
DataWalk SA Management Board with its registered office in Wrocław ("Issuer", "Company") hereby informs that on October 17, 2018, the Company obtained confirmation of patent protection granted by the United States Patent and Trademark Office ("USPTO") for the invention entitled. "Computer-Implemented Method For Improving Query Execution In Relational Databases Normalized At Level 4 And Above".
The obtained patent protection in the USPTO concerns the Issuer's invention, which has already obtained protection in the European Patent Office, about which the Company informed in the current report ESPI No. 03/2017 of May 11, 2017. The third patent obtained in the USA confirms the innovation of technology Issuer on both the most competitive US IT market and in Europe.
Patenting IT solutions in addition to securing intellectual rights belonging to the Company is also very practical, and in the case of the US market a critical aspect. Obtaining a patent allows to conclude that the technology owned by the Issuer does not infringe patent rights of other technologies. This is an extremely important milestone in the context of the planned sales activities of the Issuer's Capital Group in the USA.
The Management Board of the Company recognized the fact of obtaining another US patent as important information, because it can have a positive impact on the future economic, property and financial situation of the Issuer's Capital Group. Procedures for patent applications in the European Union and the USA are aimed at securing key interests, and are also part of the development strategy of the Issuer's Capital Group, taking into account the creation of a portfolio of intellectual property rights.
The Executive Board of DataWalk S.A. ("Issuer", "Company") registered in Wroclaw, Poland, hereby announces that on 17th of October 2018 it is a patent and Trademark Office. The title of the Patent is "Computer-Implemented Method For Improving Query Execution In Relational Databases Normalized At Level 4 And Above."
Obtained US patent applies for the same patent in the European Patent Office (as per report ESPI 3/2017). A third of the patent is the recognition of the Issuer's technology.
Patenting IT solutions, apart from securing IntellectualProperty rights for the Company, has very practical value. Obtaining the patent confirms that it is not interfering with the patent rights of other technologies. This burden is a tangible measure of progress for the Company's Capital Group in United States.
The Executive Board of DataWalk S.A. Group patent Group patent patent patent US US US US US US US US US US US US US US US US US US. Securing the Patent is part of the Issuer's intellectual property rights (IP).
Source: company website, investor relations, current and periodic reports.