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Network-1 Subsidiary Receives New Patent from U.S. Patent Office Expanding Its HFT Patent Portfolio To Include 11 Issued U.S. Patents

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Network-1 Technologies, Inc. (NYSE American:NTIP) has announced that its subsidiary, HFT Solutions, , has been granted U.S. Patent No. 12,113,539 by the U.S. Patent and Trademark Office. This new patent, titled 'Field Programmable Gate Array with Internal Phase-Locked Loop', expands the company's High Frequency Trading (HFT) Patent Portfolio to include 11 issued U.S. patents.

The HFT Patent Portfolio, acquired in March 2022, now comprises 11 issued U.S. patents and 2 pending applications. These patents cover advanced technologies used in high frequency trading, including clock domain management technology that provides critical transaction latency gains. The patent terms are expected to extend until 2040.

Network-1 Technologies focuses on acquiring and monetizing high-quality patents. The company's current strategy includes efforts to monetize five patent portfolios, including the HFT portfolio. Notably, Network-1's Remote Power Patent has generated over $188 million in licensing revenue from May 2007 through June 30, 2024.

Network-1 Technologies, Inc. (NYSE American:NTIP) ha annunciato che la sua consociata, HFT Solutions, ha ricevuto U.S. Patent No. 12,113,539 dall'Ufficio Brevetti e Marchi degli Stati Uniti. Questo nuovo brevetto, intitolato 'Field Programmable Gate Array with Internal Phase-Locked Loop', amplia il Portafoglio Brevetti per il Trading ad Alta Frequenza (HFT) dell'azienda, che ora include 11 brevetti statunitensi rilasciati.

Il Portafoglio Brevetti HFT, acquisito nel marzo 2022, comprende ora 11 brevetti statunitensi rilasciati e 2 domande pendenti. Questi brevetti coprono tecnologie avanzate utilizzate nel trading ad alta frequenza, inclusa la tecnologia di gestione del dominio dell'orologio che fornisce guadagni critici nella latenza delle transazioni. I termini dei brevetti si prevede si estendano fino al 2040.

Network-1 Technologies si concentra sull'acquisizione e monetizzazione di brevetti di alta qualità. L'attuale strategia dell'azienda include sforzi per monetizzare cinque portafogli di brevetti, incluso quello HFT. È interessante notare che il Brevetto per la Potenza Remota di Network-1 ha generato oltre 188 milioni di dollari in entrate da licenze dal maggio 2007 al 30 giugno 2024.

Network-1 Technologies, Inc. (NYSE American:NTIP) ha anunciado que su subsidiaria, HFT Solutions, ha recibido U.S. Patent No. 12,113,539 de la Oficina de Patentes y Marcas de Estados Unidos. Este nuevo patente, titulado 'Field Programmable Gate Array with Internal Phase-Locked Loop', amplía el Portafolio de Patentes para el Trading de Alta Frecuencia (HFT) de la compañía, que ahora incluye 11 patentes estadounidenses emitidas.

El Portafolio de Patentes HFT, adquirido en marzo de 2022, ahora comprende 11 patentes estadounidenses emitidas y 2 solicitudes pendientes. Estas patentes cubren tecnologías avanzadas utilizadas en trading de alta frecuencia, incluida la tecnología de gestión de dominio de reloj que proporciona ganancias críticas en la latencia de las transacciones. Se espera que los términos de las patentes se extiendan hasta 2040.

Network-1 Technologies se enfoca en adquirir y monetizar patentes de alta calidad. La estrategia actual de la compañía incluye esfuerzos por monetizar cinco portafolios de patentes, incluido el portafolio HFT. Notablemente, la Patente de Potencia Remota de Network-1 ha generado más de 188 millones de dólares en ingresos por licencias desde mayo de 2007 hasta el 30 de junio de 2024.

Network-1 Technologies, Inc. (NYSE American:NTIP)는 자회사 HFT Solutions가 미국 특허청으로부터 U.S. Patent No. 12,113,539을 획득했다고 발표했습니다. '내부 위상 동기 루프가 있는 필드 프로그래머블 게이트 배열'이라는 제목의 이 새로운 특허는 회사의 고주파 거래(HFT) 특허 포트폴리오를 11개의 미국 특허로 확장합니다.

2022년 3월에 인수된 HFT 특허 포트폴리오는 현재 11개의 미국 특허와 2개의 대기 중인 출원으로 구성되어 있습니다. 이 특허들은 고주파 거래에 사용되는 고급 기술을 다루고 있으며, 시계 도메인 관리 기술을 포함하여 중요한 거래 지연 이점을 제공합니다. 특허 조건은 2040년까지 연장될 것으로 예상됩니다.

Network-1 Technologies는 높은 품질의 특허를 인수하고 수익을 창출하는 데 중점을 두고 있습니다. 회사의 현재 전략에는 HFT 포트폴리오를 포함해 5개의 특허 포트폴리오를 수익화하기 위한 노력이 포함되어 있습니다. 특히, Network-1의 원격 전원 특허는 2007년 5월부터 2024년 6월 30일까지 1억 8천8백만 달러 이상의 라이센스 수익을 창출했습니다.

Network-1 Technologies, Inc. (NYSE American:NTIP) a annoncé que sa filiale, HFT Solutions, a obtenu le U.S. Patent No. 12,113,539 de l'Office des brevets et des marques des États-Unis. Ce nouveau brevet, intitulé 'Field Programmable Gate Array with Internal Phase-Locked Loop', élargit le Portefeuille de brevets pour le trading haute fréquence (HFT) de l'entreprise à 11 brevets américains délivrés.

Le portefeuille de brevets HFT, acquis en mars 2022, comprend désormais 11 brevets américains délivrés et 2 demandes en attente. Ces brevets couvrent des technologies avancées utilisées dans le trading haute fréquence, y compris la technologie de gestion de domaine d'horloge qui offre des gains critiques en matière de latence des transactions. La durée des brevets devrait s'étendre jusqu'en 2040.

Network-1 Technologies se concentre sur l'acquisition et la monétisation de brevets de haute qualité. La stratégie actuelle de l'entreprise comprend des efforts pour monétiser cinq portefeuilles de brevets, y compris le portefeuille HFT. Notamment, le brevet sur l'alimentation à distance de Network-1 a généré plus de 188 millions de dollars de revenus de licence de mai 2007 au 30 juin 2024.

Network-1 Technologies, Inc. (NYSE American:NTIP) hat angekündigt, dass ihre Tochtergesellschaft HFT Solutions das U.S. Patent No. 12,113,539 vom US-Patent- und Markenamt erhalten hat. Dieses neue Patent mit dem Titel 'Field Programmable Gate Array with Internal Phase-Locked Loop' erweitert das Patentportfolio für Hochfrequenzhandel (HFT) des Unternehmens auf nun 11 erteilte US-Patente.

Das HFT-Patentportfolio, welches im März 2022 erworben wurde, umfasst nun 11 erteilte US-Patente und 2 anhängige Anmeldungen. Diese Patente decken fortschrittliche Technologien ab, die im Hochfrequenzhandel verwendet werden, einschließlich der Technologie zur Verwaltung von Taktbereichen, die entscheidende Vorteile in der Transaktionslatenz bietet. Die Patentlaufzeiten werden voraussichtlich bis 2040 verlängert.

Network-1 Technologies konzentriert sich auf den Erwerb und die Monetarisierung von hochwertigen Patenten. Die aktuelle Strategie des Unternehmens umfasst Bemühungen, fünf Patentportfolios zu monetarisieren, einschließlich des HFT-Portfolios. Bemerkenswert ist, dass das Netzwerk-1-Fernstrompatent von Mai 2007 bis zum 30. Juni 2024 über 188 Millionen US-Dollar an Lizenzgebühren Einnahmen generiert hat.

Positive
  • Expansion of HFT Patent Portfolio to 11 issued U.S. patents
  • Patent terms expected to extend until 2040
  • Remote Power Patent has generated over $188 million in licensing revenue
  • Mirror Worlds Patent Portfolio has achieved $47.15 million in licensing and other revenue
Negative
  • None.

Insights

The issuance of U.S. Patent No. 12,113,539 to Network-1's subsidiary HFT Solutions, is a positive development for the company's intellectual property portfolio. This patent, focused on field-programmable gate array (FPGA) technology for high-frequency trading, strengthens Network-1's position in a highly specialized and lucrative market.

The expansion of the HFT Patent Portfolio to 11 issued U.S. patents and 2 pending applications is significant. With patent terms extending to 2040, Network-1 has secured long-term potential for licensing revenue. The company's strategy of acquiring and monetizing high-quality patents has proven successful, as evidenced by the $188 million in licensing revenue from their Remote Power Patent and $47.15 million from the Mirror Worlds Patent Portfolio.

For investors, this news indicates continued growth in Network-1's intellectual property assets, which could translate to future licensing opportunities and revenue streams. However, the impact may be gradual, as patent monetization often requires time and legal efforts to realize significant returns.

NEW CANAAN, CT / ACCESSWIRE / October 8, 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 issued U.S. Patent No. 12,113,539 (Field Programmable Gate Array with Internal Phase-Locked Loop) to its wholly-owned subsidiary (HFT Solutions, LLC). The claims in the newly issued patent are generally directed toward certain advanced technologies relating to high frequency trading.

The newly issued patent arises from a patent application contained in the HFT patent portfolio acquired by HFT Solutions, LLC in March 2022 (the "HFT Patent Portfolio"). The HFT Patent Portfolio relates to, among other things, technologies used by firms engaged in high frequency trading activities that utilize custom field-programmable gate array (FPGA) hardware, including clock domain management technology that provides critical transaction latency gains in trading systems where the difference between success and failure may be measured in nanoseconds.

With this latest issuance, the HFT Patent Portfolio now includes ten (11) issued U.S. patents and three (2) pending U.S. patent applications. The patent terms of the HFT Patent Portfolio are currently expected to extend until 2040. HFT Solutions anticipates further issuances of additional claims for the HFT Patent Portfolio.

ABOUT NETWORK-1 TECHNOLOGIES, INC.

Network-1 Technologies, Inc. is engaged in the acquisition, 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 three (103) U.S. patents and sixteen (16) international patents covering various telecommunications and data networking technologies as well as technologies relating to document stream operating systems and the identification of media content. Network-1's current strategy includes efforts to monetize five patent portfolios (the Cox, M2M/IoT, HFT, Mirror Worlds and Remote Power Patent portfolios). 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 $188,000,000 from May 2007 through June 30, 2024. Network-1 has achieved licensing and other revenue of $47,150,000 through June 30, 2024 with respect to its Mirror Worlds Patent Portfolio.

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 Report on Form 10-Q for the quarterly period ended June 30, 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 in its Cox patent litigation against Google and YouTube will be successful in its appeal of the judgment of the U.S. District Court for the Southern District of New York dismissing all of Network-1's claims in the case, whether Network-1 will be successful in its appeal to the Federal Circuit of the District Court judgment of non-infringement dismissing Network-1's litigation against Facebook (now Meta Platforms, Inc.), 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 and profit from its Mirror Worlds Patent Portfolio and 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, the increasing development of artificial intelligence could materially impact Network-1's business, and 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.



View the original press release on accesswire.com

FAQ

What is the new patent granted to Network-1's subsidiary for high frequency trading?

Network-1's subsidiary, HFT Solutions, , has been granted U.S. Patent No. 12,113,539, titled 'Field Programmable Gate Array with Internal Phase-Locked Loop', expanding its High Frequency Trading (HFT) Patent Portfolio.

How many patents does Network-1's HFT Patent Portfolio now include?

The HFT Patent Portfolio now includes 11 issued U.S. patents and 2 pending U.S. patent applications.

What is the expected expiration date for Network-1's HFT Patent Portfolio?

The patent terms of the HFT Patent Portfolio are currently expected to extend until 2040.

How much licensing revenue has Network-1's Remote Power Patent generated?

Network-1's Remote Power Patent has generated licensing revenue in excess of $188,000,000 from May 2007 through June 30, 2024.

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