Network-1 Subsidiary Receives New Patent from U.S. Patent Office Expanding Its HFT Patent Portfolio to Include 10 Issued U.S. Patents
Network-1 Technologies, Inc. (NYSE American:NTIP) announced that its subsidiary, HFT Solutions, , has been granted U.S. Patent No. 12,107,587 for Field Programmable Gate Array with Internal Phase-Locked Loop. This patent is part of the HFT Patent Portfolio acquired in March 2022, which now includes 10 issued U.S. patents and 3 pending applications. The portfolio focuses on high frequency trading technologies, particularly custom FPGA hardware and clock domain management for critical transaction latency gains.
The HFT Patent Portfolio's terms are expected to extend until 2040. Network-1 Technologies, engaged in intellectual property acquisition and monetization, now owns 103 U.S. patents and 16 international patents covering various technologies. The company's strategy involves monetizing five patent portfolios, including the HFT portfolio. Notable success includes generating over $188 million in licensing revenue from its Remote Power Patent and $47.15 million from its Mirror Worlds Patent Portfolio.
Network-1 Technologies, Inc. (NYSE American:NTIP) ha annunciato che la sua controllata, HFT Solutions, ha ottenuto il brevetto statunitense n. 12.107.587 per Field Programmable Gate Array con Loop di Fase Interna. Questo brevetto fa parte del portafoglio di brevetti HFT acquisito a marzo 2022, che ora include 10 brevetti statunitensi emessi e 3 domande di brevetto in attesa. Il portafoglio si concentra sulle tecnologie di trading ad alta frequenza, in particolare l'hardware FPGA personalizzato e la gestione del dominio di clock per guadagni critici in latenza nelle transazioni.
Si prevede che i termini del portafoglio di brevetti HFT si estendano fino al 2040. Network-1 Technologies, impegnata nell'acquisizione e monetizzazione della proprietà intellettuale, possiede ora 103 brevetti statunitensi e 16 brevetti internazionali che coprono diverse tecnologie. La strategia dell'azienda prevede la monetizzazione di cinque portafogli di brevetti, incluso quello HFT. Un successo notevole include la generazione di oltre 188 milioni di dollari in entrate da licenze dal suo brevetto per l'alimentazione remota e 47,15 milioni di dollari dal suo portafoglio di brevetti Mirror Worlds.
Network-1 Technologies, Inc. (NYSE American:NTIP) anunció que su subsidiaria, HFT Solutions, ha recibido la patente de EE. UU. n.º 12.107.587 para Field Programmable Gate Array con bucle de fase interna. Esta patente es parte de la cartera de patentes HFT adquirida en marzo de 2022, que ahora incluye 10 patentes emitidas en EE. UU. y 3 solicitudes pendientes. La cartera se centra en tecnologías de trading de alta frecuencia, particularmente hardware FPGA personalizado y gestión de dominio de reloj para obtener ganancias críticas en la latencia de las transacciones.
Se espera que los términos de la cartera de patentes HFT se extiendan hasta 2040. Network-1 Technologies, dedicada a la adquisición y monetización de propiedad intelectual, ahora posee 103 patentes de EE. UU. y 16 patentes internacionales que cubren diversas tecnologías. La estrategia de la empresa incluye monetizar cinco carteras de patentes, incluida la cartera HFT. Un éxito notable incluye generar más de 188 millones de dólares en ingresos por licencias de su Patente de Poder Remoto y 47,15 millones de dólares de su Cartera de Patentes de Mundos Espejo.
Network-1 Technologies, Inc. (NYSE American:NTIP)은 자회사 HFT Solutions가 내부 위상 고정 루프가 있는 필드 프로그래머블 게이트 어레이에 대해 미국 특허 제 12,107,587호를 부여받았다고 발표했습니다. 이 특허는 2022년 3월에 인수한 HFT 특허 포트폴리오의 일부로, 현재 발급된 미국 특허 10건과 제기된 신청 3건을 포함하고 있습니다. 이 포트폴리오는 고주파 거래 기술, 특히 맞춤형 FPGA 하드웨어와 중요한 거래 지연 시간을 줄이기 위한 클록 도메인 관리에 초점을 맞추고 있습니다.
HFT 특허 포트폴리오의 조건은 2040년까지 연장될 것으로 예상됩니다. 지적 재산권의 인수 및 수익화에 종사하는 Network-1 Technologies는 지금까지 103개의 미국 특허와 16개의 국제 특허를 보유하고 있습니다. 회사의 전략은 HFT 포트폴리오를 포함한 5개의 특허 포트폴리오를 수익화하는 것입니다. 주목할 만한 성공으로는 원격 전원 특허에서 1억 8천8백만 달러 이상의 라이선스 수익을 창출하고 4715만 달러를 미러 월드 특허 포트폴리오에서 얻는 것이 포함됩니다.
Network-1 Technologies, Inc. (NYSE American:NTIP) a annoncé que sa filiale, HFT Solutions, a obtenu le brevet américain n° 12.107.587 pour le Field Programmable Gate Array avec boucle à phase verrouillée interne. Ce brevet fait partie du portefeuille de brevets HFT acquis en mars 2022, qui comprend désormais 10 brevets américains délivrés et 3 demandes en attente. Le portefeuille se concentre sur les technologies de trading à haute fréquence, en particulier le matériel FPGA personnalisé et la gestion de domaine d’horloge pour des gains critiques en latence des transactions.
Il est prévu que les conditions du portefeuille de brevets HFT s'étendent jusqu'en 2040. Network-1 Technologies, engagée dans l'acquisition et la monétisation de la propriété intellectuelle, possède désormais 103 brevets américains et 16 brevets internationaux couvrant diverses technologies. La stratégie de la société implique la monétisation de cinq portefeuilles de brevets, y compris le portefeuille HFT. Un succès notable inclut la génération de plus de 188 millions de dollars de revenus de licences provenant de son brevet de puissance à distance et 47,15 millions de dollars de son portefeuille de brevets Mirror Worlds.
Network-1 Technologies, Inc. (NYSE American:NTIP) gab bekannt, dass ihre Tochtergesellschaft HFT Solutions US-Patent Nr. 12,107,587 für Field Programmable Gate Array mit internem Phasenregelkreis erhalten hat. Dieses Patent ist Teil des HFT Patentportfolios, das im März 2022 erworben wurde und jetzt 10 erteilte US-Patente und 3 anhängige Anträge umfasst. Das Portfolio konzentriert sich auf Hochfrequenzhandelstechnologien, insbesondere maßgeschneiderte FPGA-Hardware und das Clock-Domain-Management für kritische Transaktionslatenzgewinne.
Die Bedingungen des HFT Patentportfolios sollen bis 2040 verlängert werden. Network-1 Technologies, das sich mit dem Erwerb und der Monetarisierung von geistigem Eigentum beschäftigt, besitzt jetzt 103 US-Patente und 16 internationale Patente, die verschiedene Technologien abdecken. Die Strategie des Unternehmens umfasst die Monetarisierung von fünf Patentportfolios, einschließlich des HFT-Portfolios. Zu den bemerkenswerten Erfolgen gehört die Generierung von über 188 Millionen Dollar Lizenzgebühren aus seinem Remote Power Patent und 47,15 Millionen Dollar aus seinem Mirror Worlds Patent Portfolio.
- Expansion of HFT Patent Portfolio to 10 issued U.S. patents and 3 pending applications
- Patent terms for HFT Portfolio expected to extend until 2040
- Network-1 owns a total of 103 U.S. patents and 16 international patents
- 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
- None.
Insights
The issuance of U.S. Patent No. 12,107,587 to Network-1's subsidiary expands their HFT Patent Portfolio to 10 issued U.S. patents. This strengthens their intellectual property position in high-frequency trading technologies, particularly in FPGA hardware and clock domain management for reducing latency.
The new patent's claims focus on advanced technologies for high-frequency trading, potentially giving Network-1 more leverage in licensing negotiations with firms using these technologies. With patent terms extending to 2040, this portfolio could provide long-term revenue opportunities.
However, the impact on Network-1's financials remains uncertain. While their Remote Power Patent generated over
Overall, this patent issuance moderately strengthens Network-1's IP assets but doesn't guarantee immediate financial benefits. The company's success will depend on their ability to monetize these patents in a competitive and rapidly evolving tech landscape.
NEW CANAAN, CT / ACCESSWIRE / October 1, 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. 12,107,587 (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 (10) issued U.S. patents and three (3) 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
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.
SOURCE: Network-1 Technologies, Inc.
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