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i2Telecom Receives Notice of Allowance from U.S. Patent and Trademark Office for VoiceStick® Patent
Thursday, September 27, 2007
Patent is Added to i2Telecom’s Intellectual Property Portfolio
Atlanta, GA -- i2Telecom International, Inc. ("i2Telecom®") (OTCBB: ITUI), a pioneer in ultra-portable high-quality Voice-over-Internet Protocol ("VoIP") products and services, today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office ("USPTO") regarding pending patents involving its Portable VoIP Service Access Module ("VoiceStick®") technology. i2Telecom was the first to file a patent application on the VoiceStick® in October 2004, shortly before receiving Internet Telephony Magazine’s "Product of the Year" award in 2004. A Notice of Allowance is issued by the USPTO if one or more of the claims of the application are allowed. Based on the Notice of Allowance covering 30 claims, i2Telecom currently believes that the patent could be issued before the end of 2007.
"This is a significant development and provides further coverage and strength to our existing intellectual property portfolio", stated Paul Arena, Chairman and Chief Executive Officer of i2Telecom. "The patent is a strategic component of our intellectual property, and I am gratified to know that the USPTO will soon issue a patent to protect this very valuable asset."
The patent covers i2Telecom’s VoiceStick® technology. The VoiceStick® is a revolutionary device that turns any computer into your own personal telephone and the service provides the ability to turn any cellular phone into a world phone. The VoiceStick® is a USB device that allows the user to make calls anywhere in the world where you have access to a broadband Internet connection. Subscribers can also use a local direct inward dial ("DID") number provided to make calls from their cellular phone.
Some of the characteristics of the VoiceStick® technology described in the allowed patent include:
- A portable telephony device, comprising;
- A portable memory device having a USB interface to facilitate communication with a;
- Computing device when the USB interface is coupled to the computing device; and
- Instructions stored on the portable memory device, wherein;
- The instructions are executable by the computing device;
- To automatically run software at the computing device ("plug & play"), wherein;
- The softphone software is executable to send and receive voice communications via (VoIP);
- Store a telephone directory file on the portable memory device; and
- Store user preference information on the portable memory device, wherein;
- The softphone software is executable to send data to a service provider gateway; and
- The data associates the portable telephony device with a service provider account record.
"i2Telecom also previously announced (in January 2007) that, after spending over $25 million to develop and protect its leading core and differentiating advanced technology in the Internet telephony space, the Company engaged Vinson & Elkins, one of the world’s top intellectual property law firms, to support the Company in the protection and enforcement of its IP rights and assets on behalf of the Company and its shareholders," continued Mr. Arena, "The recent issuance of a Notice of Allowance by the USPTO involving our VoiceStick® technology bolsters the Company’s ability to protect and enforce its intellectual property rights, which we believe have been violated by dozens of companies in the VoIP and Universal Serial Bus ("USB") industries. Accordingly, we continue to evaluate opportunities to maximize and monetize the value of our intellectual property assets."
"This is the first of what is hoped to be many Notices of Allowance received from the United States Patent and Trademark Office", concluded Mr. Arena.
Further information will be released as it becomes available.
About i2Telecom International, Inc.
i2Telecom International, Inc. (OTCBB: ITUI) is a pioneer in ultra-portable high- quality Voice-over Internet Protocol (VoIP) products and services employing best-of-breed VoIP technology, and uses a combination of its own network and the Internet to deliver high-quality phone calls, streaming video and text chat. i2Telecom International provides VoiceStick®, Digital Communications Portal communications and microgateway adapters for VoIP long-distance streaming video, text chat and other enhanced communication services to subscribers. Its proprietary technology platform is compliant with the Session Initiation Protocol ("SIP") telecommunications industry standard. i2Telecom International's revenue model includes recurring monthly subscriptions and prepaid services, as well as revenue from the sale of its integrated access devices, call minute termination fees and royalties from original equipment manufacturers. For additional information visit www.i2telecom.com or www.voicestick.com or call 404-567-4750.
SAFE HARBOR Statement Under the Private Securities Litigation Reform Act.
With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including, but not limited to, product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors which are outside the control of the company. Actual results and developments may differ materially from those contemplated by these statements depending on such factors as changes in general economic conditions and financial or equity markets, technological changes, and other business risk factors. i2Telecom® does not assume, and expressly disclaims, any obligation to update these forward-looking statements.
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