325 Patents (Issued, Pending and In Process) and 1,022 Trade Secrets
Know Labs, Inc. (OTC: KNWND) a leading innovator in Radio Frequency Dielectric Spectroscopy (RFDS) sensor technology provided today an update on its intellectual property portfolio to include its robust list of 325 issued, pending and in process patents and its previously undisclosed massive library of 1,022 trade secrets, now codified through the Tangibly trade secret platform www.tangibly.com.
An independent third-party analysis by PatSnap www.patsnap.com has reported that in certain categories of medical diagnostics and industrial process control, the Know Labs patent portfolio ranks Number One in the world. Their analysis does not, of course, cover our trade secret portfolio, as its detail remains confidential and undisclosed.
A foundational aspect of Know Labs focus since its inception has been the protection of its prolific innovation through the filing of patents and the rigorous guarding of its trade secrets. For context, patents and trade secrets are two distinct forms of intellectual property protection that businesses and inventors can use to safeguard their innovations. Each has its unique characteristics, advantages, and disadvantages, making them suitable for different situations:
Patents
A patent is a legal right granted by a government authority to an inventor or assignee for a new, useful, and non-obvious invention. This right gives the patent holder the exclusive right to make, use, sell, and import the invention for a limited period, typically 20 years from the filing date. To obtain a patent, the inventor must publicly disclose the details of the invention in a patent application, which is then examined by a patent office.
Trade Secrets
A trade secret is any confidential business information that provides a competitive edge. Unlike patents, trade secrets do not require registration or disclosure to a government authority. Instead, protection is maintained through secrecy measures, such as non-disclosure agreements and internal security protocols. Trade secrets remain protected as long as they remain confidential and provide economic value to the holder.
The total list of issued, pending and in process patents is slightly lower today than previously reported 332 active patent assets. That is a result of combining provisional patents into a single utility patent and the abandonment of pending patents deemed unimportant by the Company as it right sized all its activities, including its IP protection efforts. Both Company patents and trade secrets will grow in number over time as innovation continues. Today is the first time the Company has publicly announced the total number of its codified trade secrets. This announcement is necessitated by the work underway with various third parties through our recently initiated Know Labs Technology Licensing (KTL)
“We have built Know Labs intellectual property portfolio in a very strategic manner.,” said Pete Conley, Know Labs Chief Financial Officer and Senior Vice President Intellectual Property, “Built upon the foundation of our inventions which are grounded on immutable 'first principles' of physics, we have created a world class patent portfolio that covers core elements of how our technology works and a myriad of applications across diverse industries and a wide range of fields of use. We have designed the patent portfolio to both protect our inventions and to work in a collaborative way with potential partners in medical diagnostics, industrial applications and beyond. We view our trade secrets, codified through Tangibly, as a fundamental cornerstone of a complete intellectual property (IP) portfolio; as such, we are now disclosing our trade secret assets as a significant addition to our IP portfolio. With KTL now formally launched, Know Labs is open for the business of licensing the intellectual property associated with its broad platform technology.”
About Know Labs Technology Licensing (KTL)
Know Labs Technology Licensing (KTL) is the dedicated licensing division of Know Labs, Inc. (OTC: KNWN), facilitating the global adoption of its patented Radio Frequency Dielectric Spectroscopy (RFDS) technology. With an extensive intellectual property portfolio, a structured licensing framework, and the proprietary e-RFDS© digital watermark, KTL enables corporations, universities, and research institutions to innovate with confidence while securing their developments from counterfeiting and unauthorized use.
About Know Labs, Inc.
Know Labs, Inc.’s platform technology uses radio frequency dielectric spectroscopy (RFDS) to direct electromagnetic energy through a substance or material to capture a unique molecular signature. The technology is designed to be able to integrate into a variety of wearable, mobile or bench-top form factors. The Company believes that this patented and patent-pending technology makes it possible to effectively identify and monitor analytes that could only previously be performed by invasive and/or expensive and time-consuming lab-based tests. Among the Company’s first expected applications of the technology will be in a product marketed as a non-invasive glucose monitor. The device is designed to provide the user with accessible and affordable real-time information on blood glucose levels. This product will require U.S. Food and Drug Administration (FDA) clearance prior to its introduction to the market. Other products, developed through KTL, may not require such prior FDA approval.
Safe Harbor Statement
This release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Know Labs, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy; and (iv) performance of products. You can identify these statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Know Labs, Inc.’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended September 30, 2024, Forms 10-Q and 8-K, and in other filings we make with the Securities and Exchange Commission from time to time. These documents are available on the SEC Filings section of the Investor Relations section of our website at www.knowlabs.co. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.
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Contacts
Know Labs, Inc. Contact:
Investor Relations
T: 206-903-1351
ask@knowlabs.co