VoIP-Pal Announces Intent to Seek an Interlocutory Appeal of the Cases in the Northern District of California

Rhea-AI Summary

VoIP-Pal.com Inc. (OTCQB: VPLM) plans to file a motion for interlocutory appeal regarding the U.S. District Court's denial of its motion to dismiss for lack of personal jurisdiction in three pending cases. The company seeks early review to potentially overturn the decision and intends to maintain a stay in the Northern District of California and the Western District of Texas during the appeal process. CEO Emil Malak has published an op-ed discussing the ongoing legal battles and encouraging perseverance in their fight against Silicon Valley.

Positive

• Intent to file for interlocutory appeal could lead to favorable legal outcomes and potential monetization of patents.
• CEO's public communication may boost investor confidence and demonstrate transparency.

Negative

• Ongoing litigation poses risks and uncertainties that might hinder the company's ability to monetize its patents.

BELLEVUE, Wash., Feb. 25, 2021 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (“VoIP-Pal”, “Company”) (OTCQB: VPLM) announces that it plans to file a motion to certify for interlocutory appeal the U.S. District Court for the Northern District of California's denial of the motion to dismiss for lack of personal jurisdiction in Case Nos. 20-CV-02460-LHK, 20-CV-02995-LHK and 20-CV-03092-LHK.  The Company hopes to obtain early review of this issue in an effort to overturn the Court's decision. VoIP-Pal has made a request to maintain the current stay in the Northern District of California pending the interlocutory appeal and intends to make a similar request to maintain the stay in the cases in the Western District of Texas. The Company is currently evaluating all of its legal options and will provide updates as developments unfold.

Additionally, VoIP-Pal CEO, Emil Malak has written an op-ed article published this week in CEOCFOMagazine.com regarding the Company’s legal battles. In the article, Mr. Malak describes a recent conversation he had with former VoIP-Pal CEO, Dr. Thomas Sawyer. Dr. Sawyer called his successor following the recent mandamus decision and encouraged him “to not give up the fight against Silicon Valley.”  The complete op-ed can be accessed here.

About VoIP-Pal.com Inc.
VoIP-Pal.Com, Inc. (“VoIP-Pal”) is a publicly traded corporation (OTCQB: VPLM) headquartered in Bellevue, Washington. The Company owns a portfolio of patents relating to Voice-over-Internet Protocol (“VoIP”) technology that it is currently looking to monetize.

Any forecast of future financial performance is a “forward looking statement” under securities laws. Such statements are included to allow potential investors the opportunity to understand management’s beliefs and opinions with respect to the future so that they may use such beliefs and opinions as one factor among many in evaluating an investment. While the Company believes in the circumstances that legal action is needed to monetize its patents, patent litigation involves various risks and uncertainties that could affect its ability to monetize the patents. We recognize that it is impossible to predict the specific outcomes of litigation.

Corporate Website:	www.voip-pal.com
IR inquiries:	IR@voip-pal.com
IR Contact:	Rich Inza  (954) 495-4600

FAQ

What is VoIP-Pal's plan regarding its court cases?

VoIP-Pal plans to file a motion for interlocutory appeal following the U.S. District Court's denial of its motion to dismiss in three cases.

What does VoIP-Pal hope to achieve with the appeal?

The company hopes to obtain an early review of the court's decision to potentially overturn it.

What is the impact of litigation on VoIP-Pal's business?

Litigation carries risks and uncertainties that could affect VoIP-Pal's ability to monetize its patent portfolio.

What has the CEO of VoIP-Pal communicated about the company's legal battles?

CEO Emil Malak published an op-ed encouraging persistence in their fight against Silicon Valley.