STOCK TITAN

VoIP-Pal Receives Favorable IPR Institution Decisions

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
VoIP-Pal.com Inc. (VPLM) announces the termination of Samsung's involvement in Inter Partes Reviews (IPRs) filed against U.S. Patent Nos. 8,630,234 and 10,880,721, as well as the denial of T-Mobile's request for joinder to those IPRs. The Patent Trial and Appeal Board (PTAB) has also denied institution of T-Mobile's corresponding IPR petition. VoIP-Pal has endured a total of 28 IPR petitions dating back to 2016. CEO Emil Malak expressed satisfaction in successfully eliminating all IPR and Alice section 101 challenges and consolidating legal battles in the Western District of Texas, moving towards trials with Verizon, T-Mobile, and Amazon.
Positive
  • Successful termination of all IPR challenges against VoIP-Pal's patents
  • Consolidation of legal battles into the Western District of Texas for trials with Verizon, T-Mobile, and Amazon
Negative
  • None.

WACO, Texas, Aug. 01, 2023 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (“VoIP-Pal”, “Company”) (OTCQB: VPLM) is pleased to announce the Patent Trial and Appeal Board (PTAB) has terminated Samsung’s involvement in Inter Partes Reviews (IPRs) filed against U.S. Patent Nos. 8,630,234 and 10,880,721 and denied T-Mobile’s request for joinder to those IPRs. The PTAB has also denied institution of T-Mobile’s corresponding IPR petition. As a result of these events, all IPR petitions against the Company have now been terminated. In total, VoIP-Pal has endured a total of 28 IPR petitions dating back to 2016.

“We are very happy to be finished with all the IPR challenges to our patents,” said Emil Malak, CEO of VoIP-Pal. “It is a very significant accomplishment for us to have survived 28 IPR challenges over the past seven years without losing a single claim. In addition to being done with IPRs, we have successfully eliminated all Alice section 101 challenges and consolidated our legal battles into the Western District of Texas in Waco where we are moving towards trials with Verizon, T-Mobile, and Amazon. Patience is a virtue.”

About VoIP-Pal.com Inc.
VoIP-Pal.Com, Inc. (“VoIP-Pal”) is a publicly traded corporation (OTCQB: VPLM) headquartered in Waco, TX. 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 the latest announcement from VoIP-Pal.com Inc. (VPLM)?

VoIP-Pal announces the termination of Samsung's involvement in IPRs filed against U.S. Patent Nos. 8,630,234 and 10,880,721, and the denial of T-Mobile's request for joinder to those IPRs.

How many IPR petitions has VoIP-Pal endured?

VoIP-Pal has endured a total of 28 IPR petitions dating back to 2016.

What challenges has VoIP-Pal successfully eliminated?

VoIP-Pal has successfully eliminated all IPR and Alice section 101 challenges.

Where are VoIP-Pal's legal battles consolidated for trials?

VoIP-Pal has consolidated legal battles into the Western District of Texas for trials with Verizon, T-Mobile, and Amazon.

VOIP PAL.COM INC

OTC:VPLM

VPLM Rankings

VPLM Latest News

VPLM Stock Data

20.97M
3.37B
7.06%
Telecom Services
Communication Services
Link
United States of America
Waco