DatChat Awarded Mexican Patent for Advanced Digital Privacy Technology
Rhea-AI Summary
DatChat (NASDAQ: DATS) has been granted a Notice of Allowance for patent application MX/a/2022/001527 by the Mexican Patent office for its 'Systems and Methods of Transforming Electronic Content.' The company expects formal patent issuance within 90 days after completing final paperwork and fee payments.
This new Mexican patent brings DatChat's total patent portfolio to 15 patents, strengthening its intellectual property in secure messaging and social media technology. The patent specifically addresses advanced security and privacy methods for content control on portable electronic devices.
CEO Darin Myman emphasized that patent protection is a top business priority as the company aims to scale its technology and expand services within the digital metaverse.
Positive
- Expansion of patent portfolio to 15 total patents
- Strengthening IP protection in Mexican market
- Strategic advancement in digital privacy technology
Negative
- None.
News Market Reaction
On the day this news was published, DATS gained 19.92%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
New Brunswick, NJ, Feb. 18, 2025 (GLOBE NEWSWIRE) -- DatChat, Inc. (Nasdaq: DATS) (“DatChat” or the “Company”), a secure messaging and social media company, today announced that the Mexican Patent office issued a Notice of Allowance for patent application MX/a/2022/001527 titled “Systems and Methods of Transforming Electronic Content.” Following receipt of the Notice of Allowance, DatChat filed the final issue paperwork, paid the issue fees, and expects formal issuance of the patent in the next 90 days.
“The accelerating use of portable electronic devices such as smart phones or tablets for captured images, video content and texts requires advanced security and privacy methods for content control and security. We believe our solutions are supported by best-in-class technology and systems, so patent protection is a top business priority,” said Darin Myman, Chief Executive Officer of DatChat. “Robust IP is the cornerstone of our strategy for scaling our technology and expanding services within our digital metaverse. This new Mexican patent expands coverage for our proprietary systems to 15 in total.”
DatChat’s intellectual property provides early and first mover advantages in developing and marketing advanced technology that secures rights to privacy, protection and free speech for social media users.
About DatChat, Inc.
DatChat, Inc. (Nasdaq: DATS) is a secure messaging and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. The DatChat Messenger & Private Social Network presents technology that allows users to change how long their messages can be viewed before or after users send them, prevents screenshots, and hides encrypted photos in plain sight on camera rolls. DatChat's patented technology offers users a traditional texting experience while providing control and security for their messages. With the DatChat Messenger, a user can decide how long their messages last on a recipient's device while feeling secure that at any time, and delete individual messages or entire message threads, making it like the conversation never happened. DatChat’s Myseum platform, ‘Your Forever Digital Shoebox,’ is a multi-tiered social media ecosystem that enables individuals, families, and other groups to store and share digital content such as messages, photos, videos, and documents within a highly secure and private family library. For more information about DatChat, please visit datchat.com.
Notice Regarding Forward-Looking Statements
The information contained herein includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. These statements relate to future events or to the Company’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to the Company’s operations, results of operations, growth strategy and liquidity. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov. Except as may be required by applicable law, The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
ir@datchats.com
800-658-8081
FAQ
What is the new Mexican patent granted to DatChat (DATS) for?
How many total patents does DatChat (DATS) now hold after the Mexican patent approval?
When will DatChat's (DATS) Mexican patent be formally issued?
How does the new Mexican patent align with DatChat's (DATS) business strategy?
