TCRI Subsidiary, Visual Intelligence Systems, Files Three Additional Patents in its Quest to Revolutionize the Remote Sensing and Aerial Photography Markets
[ Back ]   [ More News ]   [ Home ]
TCRI Subsidiary, Visual Intelligence Systems, Files Three Additional Patents in its Quest to Revolutionize the Remote Sensing and Aerial Photography Markets

HOUSTON--(BUSINESS WIRE)--Oct. 31, 2002--Texas Commercial Resources Inc. (Pink Sheets: TCRI) announced that its subsidiary Visual Intelligence Systems Inc. filed the next three of a series of patents in support of its technological lead in the remote sensing and aerial photography markets.

"These patents, in addition to the patent filed last month, protect Visual Intelligence's four key technology advances in the remote sensing industry. With these key technologies we are setting new standards in the areas of data collection, the mosaicking of digital ortho-images, continuous real-time calibration of remote sensors as well as setting new standards in the area of speed and accuracy in processing the collected data. While these patents revolutionize the industry, we anticipated filing additional patents that will continue to push the industry to provide more accurate and timely data to its clients," stated Robert Bitterli, CEO of Visual intelligence.

Seven years in development, Visual has employed these technologies with startling success both nationally and internationally. The company is currently using these "patent applied for" techniques gathering data on an EPA sponsored environmental project in Montana.

Visual Intelligence Systems digitally captures images, hyperspectral, LIDAR (topographical) and global positioning data, aerially. Gathered data is digitally archived and rapidly available to pipeline companies, infrastructure developers, rail & highway engineering companies, insurance companies, municipal, state, and national government agencies for inspection, development planning, delta analysis and homeland security.

TCRI is focused on the acquisition and development of companies that provide various services to the oil and gas and petrochemical production and distribution markets.

This notice does not constitute an offer to sell or solicitation of an offer to buy any securities. These securities may not be sold, nor may offers to buy them be accepted, prior to the time the registration statement becomes effective. There will be no sale of the shares in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

     Texas Commercial Resources, Houston
     Britt Brooks, 713/914-9193
Email Contact
     Tribe Investment Partners
     Mark Mooney, 858/729-1928

Source: Texas Commercial Resources