Press release

Liquidax Capital Announces Intellectual Property Portfolio and Consortium to Commercialize Furniture Data Networks

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Sponsored by Businesswire

Liquidax Capital announces it has developed and secured a portfolio of
intellectual property assets, including patents and technologies, for
the development and commercialization of IoT-enabled Furniture Data
Networks (FDNs) for use in hospitality, educational, medical, office and
other market sectors.

To build out the network, Liquidax also announces the selection and
development of a consortium of partner companies to carry out the
design, integration, application and overall commercialization of the
network and related digital tools needed to manage the network.

Daniel Drolet, CEO of Liquidax Capital commented on the benefits of IoT
connected furniture: “When you integrate context-aware capabilities into
a network of select furniture in specialized markets and locations,
there are many experiences that can be provided to end users. Data can
be provided to benefit all stakeholders. We’re excited to be leading the
effort in commercializing furniture data networks and working with such
a great team.”

The Internet of Things creates value through numerous economic levers
including the ability to enable new customer experiences and
interactions including opportunities to engage and assist users in
dynamic ways. It creates new experience and service models for physical
environments, which produces data for measuring and improving the
quality of delivered products and services.

The Liquidax Furniture Data Network transforms the experiences,
enjoyment and success of people in many types of environments. Their
experiences may be planned and delivered interactively, personalized to
fit each user moving from place to place, or enhanced in real-time by
the organization that manages the offering.

New Artificial Intelligence (AI) privacy protections and back-end tools
will assist people and companies personally and interactively — both
individually and in groups. These will also assist designers and
decision-makers through analysis, recommendations and “digital twin”
visualizations, delivering advanced and interactive capabilities to
connected environments such as hospitals, schools, hotel lobbies,
restaurants or interactive capabilities across theme parks.

Similarly, a company can augment and personalize its many work spaces
for each employee, its retail displays for each customer, and its supply
chain for each deadline. Manufacturers, retailers, architects,
designers, users and owners will all find benefits as “digital
furniture” is transformed into IoT-connected personal, local and wide
area experience networks. These will amplify the personal benefits for
homes, offices, retail, schools, medical facilities, hospitality and
other interactive environments in real-time, during use.

The Liquidax Capital intellectual property asset portfolio consists of
patents and technologies developed by leading companies and engineers
representing Artificial Intelligence, Augmented Reality, Big Data,
Context Aware, Virtual Reality, RTLS, Sensor, Battery, Design,
Optimization, Communications, Networking, 2D and 3D systems, 5G,
Implementation, Interfacing and Application specific responsive
technologies.

The firm is currently building out schedules for the alpha and beta
tests of market specific applications and use cases developed by the
consortium.

About Liquidax Capital

Liquidax Capital uses its digital innovation expertise along with
strategic combinations of customized IP Asset Portfolios,
commercialization capabilities and investment capital to provide
incumbent companies with value-added technology and commercialization
solutions that provide rapid benefits unattainable through traditional
R&D or M&A. Our focus is on supporting market partners by providing
scalable technology solutions in traditionally “non-tech” sectors.
Liquidax Capital is based in Charleston, SC with partners in New York
City, Boston, Atlanta, Orlando, Salt Lake City & Silicon Valley.

To inquire about FDN installations, consortium opportunities or to
acquire additional information, please contact the Liquidax team by
emailing info@liquidax.com.