VANCOUVER, BC / November 18, 2015 / Oculus VisionTech Inc. (the “Company” or “Oculus”) (TSX.V: OVT; OTCQB: OVTZ) is pleased to announce the proposed commencement on or before November 30, 2015 of alpha testing of its Cloud-DPS – “Cloud-based Document Protection System.”
The Oculus Cloud-DPS technology is based on protecting documents with an advanced, forensic-grade, invisible watermarking algorithm and then comparing the original protected document with a returned document. If a document has been tampered with, the Cloud-DPS document authentication feature will highlight the tampered locations in the document.
Oculus designs and markets to business customers streaming video content distribution, and Internet Cloud-based digital document protection, based on embedded digital watermarking, as well as video-on-demand (VOD) systems, services and source-to-destination digital media delivery solutions that allow live or recorded digitized and compressed video to be transmitted through Internet, intranet, satellite or wireless connectivity. The Company’s systems, services and delivery solutions include document, still image and motion video digital watermark solutions and documents, photographs (still image) and video content protection. www.oculusvisiontech.com
ON BEHALF OF THE BOARD OF DIRECTORS
Chief Technology Officer and Director
For further information, contact:
Chief Financial Officer and Director
Telephone: (604) 685-1017
Toll Free: 1 (800) 321-8564
Fax: (604) 685-5777
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or the solicitation of an offer to subscribe for or buy, any securities nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
This news release contains forward-looking statements and information within the meaning of applicable securities laws (collectively, “forward-looking statements”), including the United States Private Securities Litigation Reform Act of 1995. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among others, statements as to the intended launch date of the Cloud-DPS. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the change of business focus of the management of Oculus, the inability of Oculus to pursue its current business objectives, due to lack of financing or otherwise and the failure of the Cloud-DPS to perform as expected. These forward-looking statements are made as of the date of this news release and Oculus assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in these forward-looking statements. Although Oculus believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in Oculus’ periodic reports filed from time-to-time with the United States Securities Exchange Commission and Canadian securities regulators. These reports and Oculus’ public filings are available at www.sec.gov in the United States and www.sedar.com in Canada.