MELVILLE, NY--(Marketwired - November 19, 2013) - CopyTele, Inc. ("CTI") (COPY), a company specializing in patent monetization and patent assertion, today announced that it has acquired 2 patent portfolios in the rapidly expanding area of Unified Communications.
The first portfolio covers the multicast, Internet delivery of streaming data, media, and other content to large numbers of recipients, within the confines of specialized virtual private networks ("VPN's). Multicasting is a commonly used content delivery protocol that enables several recipients to simultaneous receive content from a single Internet transmission, greatly reducing Internet bandwidth costs. When combined with specialized VPN's, the content and communications are protected from unwanted disclosure and piracy. Applications for these live, VPN multicast communications include videoconferences, online training and e-learning classes, Internet television, web-based corporate events and strategy sessions, and other live transmissions of sensitive or protected content.
The second portfolio covers the integration of telephonic participation in web-based audio/video conferences by creating a gateway between the Internet, and cellular or traditional landline telephones. The end result is that participants can join and participate in online, audio/video conferences via a cellular or conventional telephone. This Internet telephonic gateway technology is commonly used for web based, audio/video events with broad based audience participation such as earnings calls, webinars, and virtual town hall meetings.
Robert Berman, CTI's President and CEO stated, "As previously announced, our intention is to aggregate patents across a diverse group of technology areas where we see significant infringement, both now and in the future. Both the VPN Multicast Communications technology and the Internet Telephonic Gateway technology meet these criteria. With the addition of these 2 portfolios, we now own or control 9 patent portfolios with significant monetization potential."
Unified Communications is a term used to describe the convergence of audio/video web conferencing, telephony, instant messaging, and other data sharing and communications services into an integrated, inter-operating system. Estimates indicate that the global Unified Communications market is expected to grow from $22 billion in 2011, to over $60 billion by 2018. Dominant companies in the UC space include Cisco, IBM, Adobe, Microsoft, Oracle, Google, AT&T, Avaya, Siemens, Alacatel-Lucent, and many others.
Since implementing its new patent assertion business model in January of 2013, CTI has entered into 4 revenue producing licenses from 2 of its patent portfolios, and now has 37 active lawsuits across 5 of its patented technology areas including E-Paper Electrophoretic Displays, Nano Field Emission Displays, Key Based Web Conferencing Encryption, Loyalty Conversion Systems and J-Channel Window Frame Construction.
About CopyTele, Inc.
CTI develops and acquires patented technologies for the purposes of patent monetization and patent assertion. The company currently has 9 patent portfolios in the areas of Key Based Web Conferencing Encryption, Encrypted Cellular Communications, E-Paper® Electrophoretic Display, Nano Field Emission Display ("nFED"), Micro Electro Mechanical Systems Display ("MEMS"), Loyalty Conversion Systems, J-Channel Window Frame Construction, VPN Multicast Communications, and Internet Telephonic Gateway. Additional information is available at www.CTIpatents.com.
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