Ohio’s Patent of the Month – November 2020

Security systems are an amazing invention that allows people to feel safer, knowing their home and family is protected. With modern technology, security systems are becoming more interactive and accessible. They typically use cameras and motion sensors, as well as conventional locks on doors and windows that activate alarms when tampered with. But this technology has its limits – like cameras become less effective when an intruder masks their face. But what if you could identify them another way? Say by their phone? Well, Wireless ID LLC has developed a home security system that can detect anintruder’s mobile device and collect information about it. 

This innovative system detects an intruder when an event occurs (such as glass breaking) and tracks the identity of their smart devices, giving you a headstart to take precautionary measures like calling the police. The system includes security sensors, a transceiver, and a control circuit all linked to a hub. When an event occurs, the security sensors notify the control circuit, which then signals the transceiver to capture identification data from the intruder’s mobile. Once this information is collected, it’s sent to the hub and stored in a database, accessible by specific personnel, such as the security company or the police. In the database, your personal devices will be labelled as “friendly,” while those of the intruders will be labelled as “unknown,” so you don’t have to worry about setting off your own alarms. 

Are you developing new technology? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Recent Posts