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DTL Licenses Key Cell Phone Patent to LG Electronics
Thursday, April 17, 2008
General Patent Corporation International Acts as Licensing Agent
Suffern, NY -- General Patent Corporation International (GPCI), a leading patent licensing and enforcement firm, announced today on behalf of its client, Digital Technology Licensing LLC (DTL), that it has licensed a key cell phone patent to LG Electronics, Inc.
DTL owns U.S. Patent No. 5,051,799 titled "Digital Output Transducer" (Patent), which is an essential patent for Adaptive Multi-Rate (AMR) codec and other cellular communication standards. The patented technology is also used to assure backward compatibility of cell phone handsets and base stations. Other applications of the patented technology include Bluetooth headsets.
"We were very pleased to grant a non-exclusive license to LG," said Alexander Poltorak, GPCI’s Chairman and CEO.
GPCI represents DTL in the licensing and enforcement of the Patent. DTL brought patent infringement suits against Verizon Wireless, Cingular Wireless (now know as AT&T Mobility), T-Mobile, Sprint and other companies. LG was not a party to any of these lawsuits. Previously, DTL announced that Nokia, Ericsson and Samsung had licensed its Patent, and that the law suits against Cingular Wireless and AT&T Mobility had been settled with AT&T Mobility taking a license under the Patent.
Digital Technologies Licensing LLC
Digital Technology Licensing LLC (DTL), of Suffern, N.Y., is the owner of U.S. Patent No. 5,051,799 titled "Digital Output Transducer." DTL is a portfolio company of IP Holdings LLC, and is managed by GPCI. A non-exclusive license under the patent is available on reasonable and non-discriminatory terms. For licensing terms, please contact Paul Lerner at (845) 368-4000 x104. For more information, please visit www.digitaltechnologylicensing.com.
About General Patent Corporation International
General Patent Corporation International (GPCI) is a premier intellectual property (IP) licensing and enforcement firm headquartered in Suffern, N.Y. GPCI is the managing member and the exclusive licensing agent of DTL. GPCI represents clients in IP assertive licensing and enforcement matters on a contingency basis and assists IP owners in enforcing their rights through patent, trademark and copyright infringement litigation. GPCI is the oldest contingency IP enforcement organization in the United States. General Patent Corporation (GPC) is an affiliate of GPCI providing IP management consulting with a focus on IP strategy and valuation (see www.generalpatent.com). For more information on GPCI, please visit www.patentclaim.com.
About IP Holdings LLC
IP Holdings LLC, another affiliate of GPCI, is an IP-centric merchant banking organization. IP Holdings provides IP-related financial services as well as IP brokerage services. IP Holdings also operates an idea incubator. IP Holdings is a member of DTL. For more information on IP Holdings visit www.ip-holdings.com.
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