PCTEL, Inc. (NASDAQ:PCTI), a leader in simplifying wireless and site solutions for private and public networks, announced today that the U.S. Patent and Trademark Office (USPTO) has published the first of three of PCTEL patent applications -- “Systems and Methods for Enhanced Security in Wireless Communications” -- which describes an innovative approach to mobile device security and policy management that eliminates the bothersome need to continually search, identify, and block new viruses and malware. This invention, along with two others submitted to the USPTO, underlie the company’s ProsettaCore™ security solution. PCTEL ’s ProsettaCore™ security invention, as described in its patent application, offers an alternative behavioral approach to security, in which a business or governmental organization establishes security standards and then monitors mobile devices to ensure malware is not violating those standards. This new behavioral approach relies on the interaction between an enterprise-owned and operated policy server and a compact software device that resides on the smart phone. The software device monitors, reports, and takes immediate action if, for example, foreign malware attempts to turn on the microphone, take photos, steal contact files and emails or track the GPS history of a smart phone. This simpler behavioral approach to mobile security is an effective option compared to the taxonomic approach of identifying and sorting through millions of viruses that change daily. ProsettaCore simply defines security policies and enforces them. “We invented ProsettaCore to address the needs of the top secret community,” said Marty Singer, Chairman and CEO, PCTEL. “We have developed a broad capability – that may have other applications - to monitor the security and behavior of a mobile device. Our solution and the underlying technology captured in our patent applications allow organizations to take advantage of the sophistication and efficiencies of commercially available products while ensuring secure communications associated with their enterprise,” added Singer.
Looking at the universe of stocks we cover at Dividend Channel, on 2/4/15, PC-Tel Inc will trade ex-dividend, for its quarterly dividend of $0.05, payable on 2/13/15. As a percentage of PCTI's recent stock price of $8.35, this dividend works out to approximately 0.60%, so look for shares of PC-Tel Inc to trade 0.60% lower — all else being equal — when PCTI shares open for trading on 2/4/15.