thought the Money Reader users among us might find this interesting…
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NantWorks Object Recognition Technology Wins FCC Chairman's Award
An Early Win for Newly Formed NantWorks LLC, LookTel Turns a Smart Phone into a
Device That Helps the Blind to See
LOS ANGELES, Oct 27, 2011 (BUSINESS WIRE)
NantWorks LLC, the company formed by Dr. Patrick Soon-Shiong in September this
year, announced that its LookTel technology had been selected as a winner of
the Federal Communications Commission's (FCC) Chairman's Awards for
Advancements in Accessibility. The award, which recognizes outstanding efforts
to advance communications accessibility for people with disabilities, will be
presented at a ceremony at FCC headquarters in Washington D.C. on October 28th
2011.
LookTel was developed for the blind and visually impaired. It enables a
standard smart phone to be used to recognize objects such as currency bills,
packaged goods, medication bottles, storefronts and landmarks. Recognition
happens in real time, without delay, and the device will speak the identity of
the object, for example the denomination of a bill.
"We are honored to have been chosen for this award from the FCC," said Dr.
Soon-Shiong, "and delighted to be able to bring forward this important
recognition platform, which is going to make a difference to many people's
lives."
About NantWorks
NantWorks LLC is a company founded and led by Dr. Patrick Soon-Shiong. Its
mission is to converge semiconductor technology, supercomputing, advanced
networks and augmented intelligence to transform how we work, play and live.
Early applications will be in the field of scientific research and healthcare.
For more information, see www.nantworks.com .
SOURCE: NantWorks LLC
NantWorks, LLC
Jen Hodson
310 405 7539
jhod...@nantworks.com
Copyright Business Wire 2011
View the MarketWatch story at:
http://www.marketwatch.com/story/nantworks-object-recognition-technology-wins-fcc-chairmans-award-2011-10-27
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