BUSINESS
December 2, 1997 | BARBARA MURPHY
Synthonics Inc. in Westlake Village has been notified that the core process behind Rapid Virtual Reality has met the requirements to be patented by the U.S. Patent Office. The company, a software development subsidiary of Synthonics Technologies Inc., has filed 17 patent applications over the last three years covering aspects of its RVR technology. RVR is designed to create 3-D replicas of real objects for interactive computer graphic applications. This patent approval is the second to date.
BUSINESS
October 14, 1997 | BARBARA MURPHY
Synthonics Technologies in Westlake Village is offering shares of convertible preferred stock under a $5.5-million private financing plan. Synthonics makes Rapid Virtual Reality, a method of creating three-dimensional computer models. When the financing plan is in place, investors will hold 550,000 new shares of convertible preferred stock priced at $10 a share.
BUSINESS
January 7, 1997 | LEO SMITH
Synthonics Technologies of Westlake Village has formed RapidScan LLC, a wholly owned subsidiary that will develop rapid-processing three-dimensional scanners. Products from the new subsidiary are expected to be introduced during the second quarter of 1997. The scanners are intended for use by design engineers, graphic designers, animators, game developers and other software programmers creating multimedia applications and virtual-reality environments.
BUSINESS
December 17, 1996 | BARBARA MURPHY
Synthonics Inc. of Westlake Village has been notified that the first of its 15 applications pending before the U.S. Patent Office has been approved. The applications cover aspects of the company's recently announced Rapid Virtual Reality technology. Synthonics expects to receive the formal patent grant in a few months.
BUSINESS
December 3, 1996 | BARBARA MURPHY
Synthonics Technologies, based in Westlake Village, will have a comprehensive listing in Standard & Poor's Corporation Records after being approved by the publication's editorial board. The company's listing will start with the December issue. Standard & Poor's Corporation Records, published by McGraw-Hill, is a recognized securities manual that meets the requirements for secondary trading in most states.
BUSINESS
September 24, 1996 | Barbara Murphy
Columbine Financial Corp., a Utah corporation that has just moved to Westlake Village, has changed its name to Synthonics Technologies Inc. Columbine's new name is intended to more closely identify the holding company with its new Synthonics Inc. subsidiary, which develops and licenses advanced three-dimensional virtual-reality imaging technology for use in personal computer and Internet applications.