Digital Locations Receives Patent for Cell Site Marketplace Technology

Rhea-AI Summary

Digital Locations, Inc. has been granted US Patent No. 11,004,122, enhancing its position in the 5G cell site marketplace. The patent protects intellectual property regarding a web-based software for identifying wireless communications assets, allowing users to define geographic areas and view relevant assets. President Bill Beifuss emphasized the importance of this patent in distinguishing the company from competitors. Digital Locations holds rights to over 110,000 pre-qualified wireless cell sites in the U.S., crucial for the anticipated expansion of 5G networks.

Positive

• Issuance of US Patent No. 11,004,122 enhances competitive advantage.
• Patent protects unique technology for identifying wireless assets.
• Company has rights to over 110,000 pre-qualified cell sites.

Negative

• None.

Issuance of US Patent No. 11,004,122 Strengthens the Company’s Technology Position Within the 5G Cell Site Marketplace

SANTA BARBARA, Calif., May 20, 2021 (GLOBE NEWSWIRE) -- Digital Locations, Inc. (DLOC), an aggregator and developer of cell tower sites for the 5G revolution, today announced that the Company was issued a patent by the US Patent Office to protect intellectual property of its cell site selection marketplace technology.

The patent covers a system and method for identifying wireless communications assets through our web-based software. This includes the ability for users to define geographical search areas on a map and to display wireless communications assets within pre-defined geographic areas. Among other claims, the patent also covers the method whereby physical distance from potential wireless communications assets to potential fiber backhauls are displayed.

“This issuance of this patent is great news for Digital Locations,” said Bill Beifuss, the Company’s President. “Our marketplace technology was the first of its kind in the industry. Protecting the intellectual property behind the methods to search and display potential wireless communications assets makes what we do more valuable”.

Mr. Beifuss concluded, “We are now looking into options on how to use this patent to further separate ourselves from our competition who may be infringing on our intellectual property. This patent can be a valuable tool for us as we continue our plan to set ourselves apart as leaders in 5G small cell site selection marketplace.”

About Digital Locations, Inc.

Digital Locations, Inc., is an aggregator and developer of cell tower and small cell sites for the 5G revolution. 5G wireless networks are expected to be 100 times faster than current 4G LTE networks. This will enable global scale killer applications such as self-driving cars, the Internet of things (IOT), mobile streaming of 4K videos, real-time hologram-based collaboration, and lag-free high definition gaming. To realize this vision, many new 5G antennas are needed because high frequency 5G signals cannot travel farther than 100 meters. It is estimated that more than 1 million new 5G cell towers must be added in the United States alone. We currently have rights to more than 110,000 pre-qualified wireless cell sites that can be developed to help meet the demands of 5G networks. Using our patented software system, network operators such as Verizon, AT&T and T-Mobile Sprint can easily contract with site owners all over the U.S, to quickly build out their wireless networks. Our goal is to continue to acquire the rights to more sites and become a “landlord” of tomorrow’s wireless communications assets.

To learn more about Digital Locations please visit www.digitallocations.com 

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

Press Contact:
communications@digitallocations.com
(805) 456-7000

FAQ

What is the significance of US Patent No. 11,004,122 for DLOC?

The patent strengthens DLOC's technology position in the 5G marketplace, protecting its unique cell site selection methods.

How many wireless cell sites does Digital Locations control?

Digital Locations has rights to over 110,000 pre-qualified wireless cell sites across the U.S.

What technology does Digital Locations' patent cover?

The patent covers a system for identifying wireless communications assets through a web-based software, including geographic search capabilities.

How does the patent help DLOC compete in the 5G market?

It protects their intellectual property, allowing them to differentiate from competitors and enhance their market value.

When was the patent issued to Digital Locations?

The patent was issued on May 20, 2021.