Press Release

RideMetric Granted Significant Patent Supporting Its Smartphone-based Telematics Solution

New York, NEW YORK., September 8, 2013 - RideMetric is pleased to announce that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 8,527,140 entitled "Vehicle State Detection."

The patent, which was filed in February 2009, describes methods of using the internal sensors of smartphones to help detect a wide variety of vehicle states and types, differentiate between passengers and drivers, as well as generate valuable driving metrics such as hard stops, rapid acceleration and hard cornering. This is performed through the RideMetric engine, which can be located in the cloud or on the phone itself (substantially reducing the amount of transmitted data). The engine filters out almost all noise, a problem long associated with handset based telematics. With RideMetric, the phone does not need to be mounted or secured, and the user can pick up and use the phone during driving without having to worry about triggering false driving metrics.

All this can be done without the use of GPS or continuous use of Bluetooth signal, leading to drastically increased battery efficiency and event accuracy.

Another key feature of the invention is the section which outlines methods of detecting movement of a car from a non-driving state and vice versa, which enables additional services such as text blocking and detection of parking spots.

"We first drafted this patent four years ago," said Roy Schwartz, VP of Product Development. "Our product has come a long way since then, and it's nice to know that the technology is now protected."

About RideMetric

RideMetric is a leading developer of Telematics 2.0 solutions, currently providing comprehensive, end to end telematics technology for smartphones that can accurately assess and score driver behavior. This information can be used by insurance companies as part of their UBI (usage based insurance) programs, or by users, who may want to evaluate their or their children's driving behavior, as well as additional services like real time driving feedback and text blocking.

Roy Schwartz
VP of Product Development