Color is not claimed as a feature of the mark.
The mark consists of The word "velocity" with a stylized initial capital letter "V", followed immediately by the number "4" and the lower case letter letter "X". The initial letter "V" is dark blue shading to light blue from left to right; the balance of the word "velocity" is lighter blue; the letters "4" and "x" are dark blue..
VELOCITY FOUR X; VELOCITY FOUR TIME