LifeSync to sublicense patent portfolio to Triage Wireless

Apr 23 2008

LifeSync Corporation, a wholly owned subsidiary of GMP Companies, Inc., announced it has entered into a non-exclusive sublicense with Triage Wireless Inc. for LifeSync's patent portfolio associated with the digital, wireless communication of patient vital signs.

This sublicense will allow Triage Wireless the right to utilize LifeSync's technologies in connection with patient-worn multi-parameter monitors and associated bedside or mobile displays.

Shelley Hartman, President of LifeSync Corp, said, "We are delighted to enter into this sublicense with Triage Wireless. Triage is clearly a leading innovator in the development of wireless multi-parameter products designed to improve patient outcomes."

LifeSync has developed and commercialized a wireless ECG data communication system for use in medical facilities under an exclusive license agreement from Motorola Inc. LifeSync intends to grant sublicenses for this intellectual property to third parties for uses that LifeSync does not intend to internally develop and commercialize.