Microsoft Licenses Unique Technology for Augmented Reality and Pointing-Based Mobile Local Search from GeoVector

• Licensing Agreement Provides Microsoft with access to GeoVector’s Substantial Portfolio of Patents for Spatially Aware Mobile Computing

SAN FRANCISCO--(BUSINESS WIRE)--Microsoft Corp. (Nasdaq: MSFT) has entered into a licensing agreement with GeoVector^® Corporation, the world leader in Augmented Reality and pointing-based local search solutions for mobile devices. The non-exclusive multi-year agreement gives Microsoft rights to use concepts covered by GeoVector’s patents.

“We are thrilled to have Microsoft join the growing number of GeoVector licensees”

“We are thrilled to have Microsoft join the growing number of GeoVector licensees,” said John Ellenby, GeoVector’s President and CEO. “This agreement further validates GeoVector's industry-leading patent portfolio and enables us to focus on additional licensing opportunities as we bring our location-based technology to market through our partners and licensees.”

The patents included in the agreement cover Augmented Reality, pointing-based local search and other aspects of spatially aware mobile computing. Other terms of the agreement were not released.

About GeoVector Corporation

Founded in 1991 and headquartered in San Francisco, CA, GeoVector develops solutions for the efficient delivery of location-based services. Supported by significant intellectual property dating back to 1993, GeoVector’s award-winning spatial search technologies provide the foundation for new Pointing and Augmented Reality applications. For more information, please visit www.geovector.com.