AccuWeather and Weather Decision Technologies, Inc. Complete New Global Technology Licensing Agreement
AccuWeather’s patented technology portfolio selected to further strengthen WDT offerings and capabilities in new weather enterprise partnership. AccuWeather Global Weather Center – September 15, 2015 – AccuWeather, Inc., the global leader in weather information and digital media, today announced that Weather Decision Technologies, Inc. (WDT) has signed a patent licensing agreement with AccuWeather that gives WDT the ability to utilize over 50 of AccuWeather’s unique patents. AccuWeather has developed exclusive patented technologies to geographically pinpoint all forms of content to individual users and to their dynamically changing locations that will now benefit WDT and its clients worldwide.
The new licensing agreement grants to WDT the right to use AccuWeather’s patents with all mobile, wireless, and wearable devices; smart TVs; connected vehicles, boats, and aircraft; in social networking opportunities; and in weather-triggered marketing applications. While the terms of the actual license agreement are confidential, the royalties are size and use based and extend beyond the seven figure range over the life of the license.
“We are proud that WDT has joined with AccuWeather to utilize some of our patented technologies for the distribution of weather-related information,” said Barry Lee Myers, Chief Executive Officer of AccuWeather. “By partnering with AccuWeather, WDT has access to the best proprietary technologies to grow and expand their business, which allows for a true global reach in connecting people with information.”
The WDT license follows on the heels of the major announcement last week of the United States National Weather Service also signing a license for certain aspects of the patented AccuWeather technology.
"Our agreement underscores the value companies place on a broad and foundational patent portfolio, ultimately protecting customers and end users. We work with clients all around the world to provide weather decision products and services and are pleased to expand our offering through this licensing agreement. In partnering with AccuWeather, we now offer a robust mobile innovation portfolio, helping WDT and our clients to aggressively grow and lead in the mobile space,” said J.T. Johnson, Chief Technology Officer of Weather Decision Technologies.
AccuWeather’s IP licensing programs make it possible for partners to benefit from AccuWeather’s unique, expanding IP portfolio and capabilities to help improve people’s lives. For more information on available patents and flexible licensing programs, call 814-235-8600.
About AccuWeather, Inc. and AccuWeather.comEvery day over 1.5 billion people worldwide rely on AccuWeather to help them plan their lives, protect their businesses, and get more from their day. AccuWeather provides hourly and Minute by Minute™ forecasts with Superior Accuracy™ with customized content and engaging video presentations available on smart phones, tablets, free wired and mobile Internet sites via AccuWeather.com, connected TVs, and Internet appliances, as well as via radio, television, newspapers and the new AccuWeather Network cable channel. Established in 1962 by Founder, President, and Chairman Dr. Joel N. Myers – a Fellow of the American Meteorological Society who was recognized as one of the top entrepreneurs in American history by Entrepreneur Magazine’s Encyclopedia of Entrepreneurs – AccuWeather also delivers a wide range of highly-customized enterprise solutions to media, business, government, and institutions, as well as news, weather content, and video for more than 180,000 third-party websites. AccuWeather’s CEO, Barry Lee Myers, is an award winning leader in global weather information issues and one of the world’s most recognized advocates for cooperative relationships between government weather agencies and the weather industry. He is a leader in the digital weather information space.
About Weather Decision Technologies (WDT)Weather Decision Technologies, Inc. is the industry leader, providing organizations with weather decision support on a global scale. WDT offers specific expertise with big data as it applies to hazardous weather detection and prediction, forecast modeling, decision analytics, GIS, mobile apps and interactive mapping. WDT employs the world-renowned WeatherOps forecast team, staffed by experts who provide global asset projection and commodities trading decision support. WDT maintains operational offices in Norman, Oklahoma and Houston, Texas.
Visit www.WDTInc.com for additional information.
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