The company is engaged in the development, acquisition; enforcement and licensing of their patented technology. These patents are either owned or controlled by the company or its subsidiaries. Currently, the portfolio of the business is comprised of 8 patents that are licensed to several companies around the world. These patents include J-Channel Window Frame Construction, VPN Multicast Communications, Micro Electro Mechanical Systems Display, Internet Telephonic Gateway, Encrypted Cellular Communication, Nano Field Emission Display, Enhanced Auction Technologies and Key Based Web Conferencing Encryption.
These patents are used by businesses that thrive in the industry of telecommunications, technology solutions and website management. Through these patents, we are able to make cellular phone calls that are highly encrypted, integrate video and audio calls in conferences; embed videos and audios on websites and at the same time encrypt emails and other online activities to make it more secure and private. In addition to the telecommunications and technology patents owned by the company, they also have solution patents that are used in the construction industry and in the creation of flat panel displays. There are four primary focus of the business: Biotechnology, Life Sciences, High-Tech and Informatics.
Headquartered in Los Angeles, California, the company continues to advance the future of technology and telecommunications by acquiring, developing and licensing these patents. The business continues to trade publicly on the NASDAQ Capital Market, using the ticker symbol ITUS. The company is listed as a component of the Wilshire 5000 Index.