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iVoice Receives Notice of Allowance of Patent
Friday, October 26, 2007
Sixth iVoice, Inc. Patent To be Issued
Matawan, NJ -- iVoice, Inc. (OTC Bulletin Board: IVOI), announced today that it has received notification of a patent allowance award for the Company’s "Methodology for Talking Consumer Products with Voice Instructions via Wireless Technology".
To a person with low vision or a physical disability, talking instruction products can mean independence. Talking products offer independence to people with limited use of their hands or to people whose vision is limited. The result is greater satisfaction with their ability to control their own environment and less dependence on caregivers to attend to these common tasks. In most cases that translates into lower cost of care and increased quality of life. A great combination!
The invention includes methods for communicating product use instructions to a consumer by wireless communication from a central processor to a plurality of product containers for subsequence audio speech playback to consumers. A method of communicating product use instructions to a plurality of consumers comprises providing a plurality of product containers with a microprocessor attached to each product container, and an activation button for initiating the talking instructions.
"The grant of this patent is centrally important to iVoice, Inc. not only to preserve its technology but also to leverage offensively in the marketplace." said Mr. Mahoney. "We believe that any solution sufficient to satisfy the minimum customer requirements will require either a license from us under one or more of our patents or many years of research and development in search of an alternative solution." he furthered. The patent award will mark a significant milestone in product development for the iVoice technical staff.
iVoice’s commitment to innovative technology continues to help customers meet their client requirements. We believe that our intellectual property and our technology provide iVoice with a superior suite of application offerings.
About iVoice, Inc
iVoice has determined that the best way to create shareholder value, separate and apart from the operating performance of iVoice, is to implement new business opportunities by distributing shares of spin-offs to the Company's shareholders. The common stock distributions are part of a broader strategy relating to the transition of iVoice into a company focused on the development and licensing of proprietary technologies. We also continue to search for potential merger candidates with or without compatible technology and products, which management feels may make financing more appealing to potential investors.
Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
For more information on iVoice, please visit http://www.ivoice.com.
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