Network-1 Receives New Patent from U.S. Patent Office Expanding Its M2M/IoT Patent Portfolio to 55 Patents Worldwide
Network-1 Technologies (NYSE American:NTIP) has received U.S. Patent No. 12,166,869 for key derivation in embedded universal integrated circuit cards, expanding its M2M/IoT Patent Portfolio to 55 patents worldwide. The portfolio now includes 40 U.S. patents, 7 pending applications, and 15 non-U.S. patents, with terms extending to 2033-2034.
The technology enables authentication and use of embedded SIM cards (e-SIMs) in IoT devices, Machine-to-Machine systems, and mobile devices. According to the Trusted Connectivity Alliance, e-SIM profile downloads increased by 109% in 2023, with total e-SIM enabled device shipments reaching 374 million units. The portfolio also covers 5G network authentication and Internet transport layer security solutions.
Network-1 Technologies (NYSE American:NTIP) ha ricevuto il brevetto statunitense No. 12,166,869 per la derivazione di chiavi in carte integrate universali a circuito, ampliando il suo portafoglio di brevetti M2M/IoT a 55 brevetti in tutto il mondo. Attualmente il portafoglio include 40 brevetti statunitensi, 7 domande pendenti e 15 brevetti non statunitensi, con scadenze fino al 2033-2034.
La tecnologia consente l'autenticazione e l'uso di schede SIM integrate (e-SIM) in dispositivi IoT, sistemi Machine-to-Machine e dispositivi mobili. Secondo la Trusted Connectivity Alliance, i download dei profili e-SIM sono aumentati del 109% nel 2023, con le spedizioni totali di dispositivi abilitati e-SIM che hanno raggiunto i 374 milioni di unità. Il portafoglio comprende anche soluzioni di autenticazione per reti 5G e sicurezza del livello di trasporto Internet.
Network-1 Technologies (NYSE American:NTIP) ha recibido la patente estadounidense No. 12,166,869 para la derivación de claves en tarjetas integradas universales, ampliando su portafolio de patentes M2M/IoT a 55 patentes en todo el mundo. El portafolio incluye ahora 40 patentes estadounidenses, 7 solicitudes en curso y 15 patentes no estadounidenses, con plazos que se extienden hasta 2033-2034.
La tecnología permite la autenticación y el uso de tarjetas SIM integradas (e-SIM) en dispositivos IoT, sistemas de Máquina a Máquina y dispositivos móviles. Según la Trusted Connectivity Alliance, las descargas de perfiles de e-SIM aumentaron en un 109% en 2023, con un total de envíos de dispositivos habilitados para e-SIM alcanzando los 374 millones de unidades. El portafolio también incluye soluciones de autenticación de redes 5G y seguridad de capa de transporte de Internet.
Network-1 Technologies (NYSE American:NTIP)는 기본 키 파생을 위한 미국 특허 제12,166,869호를 획득하여 M2M/IoT 특허 포트폴리오를 전 세계 55개의 특허로 확장했습니다. 이제 이 포트폴리오에는 40개의 미국 특허, 7개의 보류 중인 출원, 15개의 비미국 특허가 포함되어 있으며, 만료 기간은 2033-2034년까지입니다.
이 기술은 IoT 기기, 기계 간 시스템 및 모바일 장치에서의 통합 SIM 카드(e-SIM)의 인증 및 사용을 가능하게 합니다. Trusted Connectivity Alliance에 따르면, e-SIM 프로필 다운로드는 2023년에 109% 증가했으며, e-SIM이 지원되는 장치 출하량은 3억 7400만 대에 이릅니다. 이 포트폴리오는 또한 5G 네트워크 인증 및 인터넷 전송 계층 보안 솔루션을 포함하고 있습니다.
Network-1 Technologies (NYSE American:NTIP) a reçu le brevet américain n° 12,166,869 pour la dérivation de clés dans des cartes intégrées universelles, élargissant ainsi son portefeuille de brevets M2M/IoT à 55 brevets dans le monde entier. Le portefeuille comprend désormais 40 brevets américains, 7 demandes en attente et 15 brevets non américains, avec des délais allant jusqu'en 2033-2034.
La technologie permet l'authentification et l'utilisation de cartes SIM intégrées (e-SIM) dans les appareils IoT, les systèmes machine-à-machine et les appareils mobiles. Selon la Trusted Connectivity Alliance, les téléchargements de profils e-SIM ont augmenté de 109 % en 2023, avec un total d'expéditions d'appareils compatibles e-SIM atteignant 374 millions d'unités. Le portefeuille couvre également les solutions d'authentification des réseaux 5G et la sécurité de la couche de transport Internet.
Network-1 Technologies (NYSE American:NTIP) hat das US-Patent Nr. 12,166,869 für die Schlüsselerzeugung in eingebetteten universellen integrierten Schaltungen erhalten, wodurch sein M2M/IoT-Patentportfolio auf 55 Patente weltweit erweitert wird. Das Portfolio umfasst nun 40 US-Patente, 7 anhängige Anträge und 15 nicht-US-Patente, mit Laufzeiten bis 2033-2034.
Die Technologie ermöglicht die Authentifizierung und Nutzung von eingebetteten SIM-Karten (e-SIM) in IoT-Geräten, Maschinen-zu-Maschinen-Systemen und mobilen Geräten. Laut der Trusted Connectivity Alliance stiegen die Downloads von e-SIM-Profilen im Jahr 2023 um 109 %, wobei die insgesamt versendeten e-SIM-fähigen Geräte 374 Millionen Einheiten erreichten. Das Portfolio umfasst auch Lösungen zur Authentifizierung im 5G-Netzwerk und Sicherheitslösungen für die Internet-Transportebene.
- Patent portfolio expansion to 55 patents worldwide
- Portfolio coverage extends until 2033-2034
- Technology aligns with growing e-SIM market (109% growth in 2023)
- Broad application across multiple device categories
- None.
Insights
The issuance of patent No. 12,166,869 significantly strengthens Network-1's position in the rapidly growing e-SIM market. With 374 million e-SIM enabled device shipments in 2023 and a
The portfolio's extension until 2033-2034 provides a lengthy runway for monetization through licensing agreements. The coverage of 5G network authentication and transport layer security solutions positions Network-1 to capitalize on the ongoing digital transformation across multiple industries. With 55 total patents worldwide and additional claims pending, Network-1 has built a robust intellectual property fortress in a high-growth technology segment.
NEW CANAAN, CT / ACCESSWIRE / December 11, 2024 / Network-1 Technologies, Inc. (NYSE American:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that the U.S. Patent and Trademark Office has issued U.S. Patent No. 12,166,869, Key Derivation for a Module Using an Embedded Universal Integrated Circuit Card.
The newly issued patent is part of Network-1's M2M/IoT Patent Portfolio that relates to, among other things, the enabling technology for authenticating and using embedded SIM cards (e-SIMs) in next generation IoT, Machine-to-Machine, and other mobile devices, including smartphones, tablets, and computers as well as automobiles. e-SIMs replace the traditional SIM card with internal circuitry that can be remotely provisioned with one or more profiles to access wireless networks. A study by the Trusted Connectivity Alliance (TCA) found that consumer profile downloads to smartphones, watches, tablets, automobiles, and other similar devices increased by more than
Other patents in the M2M/IoT Patent Portfolio relate to enabling technologies for 5G network authentication used in consumer and M2M devices, and the latest available Internet transport layer security solutions.
Network-1's M2M/IoT Patent Portfolio now includes forty (40) issued U.S. patents (and 7 pending applications), plus fifteen (15) issued non-U.S. patents. The patent terms of the MTM/IoT Patent Portfolio are currently expected to extend until 2033-2034. Network-1 anticipates further issuances of additional claims for the M2M/IoT Patent Portfolio.
ABOUT NETWORK-1 TECHNOLOGIES, INC.
Network-1 Technologies, Inc. is engaged in the development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns one hundred and six (106) U.S. patents covering various telecommunications and data networking technologies as well as technologies relating to document stream operating systems, the identification of media content and high frequency trading. Network-1's current strategy includes continuing to pursue licensing opportunities for its intellectual property. Network-1's strategy is to focus on acquiring and investing in high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent and Mirror Worlds Patent Portfolio. Network-1's Remote Power Patent has generated licensing revenue in excess of
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning Network-1's business plans. Such statements are subject to a number of risk factors and uncertainties as disclosed in the Network-1's Annual Report on Form 10-K for the year ended December 31, 2023 and its Quarterly Reports on Form 10-Q for 2024 filed with the Securities and Exchange Commission including, among others, Network-1's uncertain revenue from licensing its intellectual property, uncertainty as to the outcome of pending litigation involving Network-1's Remote Power Patent, whether Network-1 will be successful in its appeal to the Federal Circuit of the District Court judgment dismissing its claims against Google and YouTube involving its Cox Portfolio, the ability of Network-1 to successfully execute its strategy to acquire or make investments in high quality patents with significant licensing opportunities, Network-1's ability to achieve revenue and profits from its Cox Patent Portfolio, M2M/IoT Patent Portfolio, HFT Patent Portfolio and additional revenue from its Remote Power Patent as well as a return on its investment in ILiAD Biotechnologies, LLC or other intellectual property it may acquire or finance in the future, the ability of Network-1 to enter into additional license agreements, uncertainty as to whether cash dividends will continue be paid, Network-1's ability to enter into strategic relationships with third parties to license or otherwise monetize their intellectual property, the risk in the future of Network-1 being classified as a Personal Holding Company which may result in Network-1 issuing a special cash dividend to its stockholders, future economic conditions and technology changes and legislative, regulatory and competitive developments. Except as otherwise required to be disclosed in periodic reports, Network-1 expressly disclaims any future obligation or undertaking to update or revise any forward-looking statement contained herein.
Corey M. Horowitz, Chairman and CEO
Network-1 Technologies, Inc.
917-692-0000
SOURCE: Network-1 Technologies, Inc.
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