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C2 Global Technologies Inc. Granted Patent for Private IP Communication Network Architecture
Tuesday, June 05, 2007
Toronto, Canada -- C2 Global Technologies Inc. ("C2" or the "Company") (OTCBB:COBT) today announced that it has been granted U.S. Patent No. 7,215,663 by the United States Patent and Trademark Office for its patent entitled "Private IP Communication Network Architecture". This patent, which was applied for in September 2000, is effective through June 12, 2017. It relates generally to multimedia communications networks and, more particularly, to an improved Voice over Internet Protocol ("VoIP") network that provides for increased data stream throughput for video/voice/data via a private Internet Protocol ("IP") communications network with associated communications components.
The patent's Internet Linked Network Architecture delivers telecommunication type services across a network utilizing digital technology. The unique breadth and flexibility of telecommunication services offered by the Internet Linked Network Architecture flow directly from the network over which they are delivered and the underlying design principles and architectural decisions employed during its creation. The patent supports current telecommunication and VoIP standards and applications. This new network not only replaces the telecommunication network presently in place, but it also offers a more feature rich and cost effective alternative. For example, traditional telecommunication switches are more expensive, less reliable and slower than the faster digital data switches utilized in this patent. Furthermore, the programmable nature of the digital devices comprising the patent allows the new network to be built with a scalable and extensible architecture, providing the flexibility necessary to incorporate new or future digital enhancements. The inventive network is designed as a complete replacement for the traditional telecom network. The patented network architecture allows for this network to connect to traditional networks and allows for an upgrade path. The design is robust and scalable so this network can introduce new features and functionality while preserving the quality of traditional networks.
"We are currently analyzing the marketplace to determine potential licensees for our new patent" said Allan Silber, C2's Chairman and CEO. "We are very excited about the issuance of this patent after almost seven years. It expands our patent portfolio and enhances our position in the VoIP space."
About C2 Global Technologies Inc.
C2's business is focused on licensing its patents, which include foundational patents in VoIP technology. C2 plans to realize value from its intellectual property by offering licenses to service providers, equipment companies and end-users that are deploying VoIP networks for phone-to-phone communications. For further information, please visit C2's website at www.c-2technologies.com. C2 is a 93%-owned subsidiary of Counsel Corporation (TSX:CXS).
This release contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, as amended, that are based on management's exercise of business judgment as well as assumptions made by, and information currently available to, management. When used in this document, the words "may", "will", "anticipate", "believe", "estimate", "expect", "intend", and words of similar import, are intended to identify any forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements reflect our current view of future events and are subject to certain risks and uncertainties as noted in our securities and other regulatory filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results could differ materially from those anticipated in these forward-looking statements. We undertake no obligation, and do not intend, to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
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