VoIP-Pal Voluntarily Withdraws Recently Filed Complaints in Western Texas Against Verizon and T-Mobile to Focus on Stronger Antitrust Path
VoIP-Pal.com Inc. (OTCQB: VPLM) has voluntarily withdrawn its recent federal patent litigation complaints against Verizon and T-Mobile in the Western District of Texas. The company decided to focus on a stronger antitrust legal strategy instead of pursuing lengthy and costly patent litigation. This decision comes despite VoIP-Pal's success in overcoming 36 IPR challenges.
The company has been exploring antitrust litigation for over two years, with a team of professionals, including three experienced litigation attorneys, preparing the case. VoIP-Pal believes this antitrust lawsuit will urge telecom carriers to embrace the future of telecommunications, particularly low-cost VoWiFi solutions.
CEO Emil Malak stated that this strategic shift aims to address anticompetitive practices surrounding their Wi-Fi calling technology and achieve better results for shareholders. The company expects to announce updates on its evolving legal strategies in the near future.
VoIP-Pal.com Inc. (OTCQB: VPLM) ha ritirato volontariamente le recenti cause legali federali relative ai brevetti contro Verizon e T-Mobile nel Distretto Occidentale del Texas. L'azienda ha deciso di concentrarsi su una strategia legale antitrust più solida invece di perseguire cause brevettuali lunghe e costose. Questa decisione arriva nonostante il successo di VoIP-Pal nel superare 36 sfide IPR.
L'azienda sta esplorando il contenzioso antitrust da oltre due anni, con un team di professionisti, tra cui tre avvocati esperti in contenzioso, che preparano il caso. VoIP-Pal crede che questa causa antitrust spingerà i fornitori di telecomunicazioni ad abbracciare il futuro delle telecomunicazioni, in particolare le soluzioni VoWiFi a basso costo.
Il CEO Emil Malak ha dichiarato che questo cambiamento strategico mira a combattere le pratiche anticoncorrenziali attorno alla loro tecnologia di chiamate Wi-Fi e a ottenere risultati migliori per gli azionisti. L'azienda prevede di annunciare aggiornamenti sulle sue strategie legali in evoluzione nel prossimo futuro.
VoIP-Pal.com Inc. (OTCQB: VPLM) ha retirado voluntariamente sus recientes demandas de litigio de patentes federales contra Verizon y T-Mobile en el Distrito Oeste de Texas. La empresa decidió centrarse en una estrategia legal antimonopolio más sólida en lugar de seguir con litigios de patentes largos y costosos. Esta decisión se produce a pesar del éxito de VoIP-Pal en superar 36 desafíos de IPR.
La empresa ha estado explorando litigios antimonopolio durante más de dos años, con un equipo de profesionales, incluidos tres abogados de litigio con experiencia, preparando el caso. VoIP-Pal cree que esta demanda antimonopolio instará a los operadores de telecomunicaciones a adoptar el futuro de las telecomunicaciones, especialmente soluciones VoWiFi de bajo costo.
El CEO Emil Malak afirmó que este cambio estratégico tiene como objetivo abordar las prácticas anticompetitivas en torno a su tecnología de llamadas Wi-Fi y lograr mejores resultados para los accionistas. La empresa espera anunciar actualizaciones sobre sus estrategias legales en evolución en un futuro cercano.
VoIP-Pal.com Inc. (OTCQB: VPLM)은 자발적으로 텍사스 서부 지역에서 Verizon과 T-Mobile에 대한 최근의 연방 특허 소송을 철회했습니다. 회사는 길고 비용이 많이 드는 특허 소송을 추구하는 대신 더 강력한 반독점 법적 전략에 집중하기로 결정했습니다. 이 결정은 VoIP-Pal이 36개의 IPR 도전을 극복하는 데 성공했음에도 불구하고 내려졌습니다.
회사는 2년 이상 반독점 소송을 탐색해왔으며, 세 명의 숙련된 소송 변호사를 포함한 전문가 팀이 사건을 준비하고 있습니다. VoIP-Pal은 이 반독점 소송이 통신 사업자들이 특히 저비용 VoWiFi 솔루션을 수용하도록 촉구할 것이라고 믿고 있습니다.
CEO Emil Malak은 이 전략적 전환이 Wi-Fi 통화 기술을 둘러싼 반경쟁적 관행을 해결하고 주주들에게 더 나은 결과를 달성하는 것을 목표로 한다고 밝혔습니다. 회사는 변화하는 법적 전략에 대한 업데이트를 가까운 시일 내에 발표할 것으로 기대하고 있습니다.
VoIP-Pal.com Inc. (OTCQB: VPLM) a volontairement retiré ses récentes plaintes en matière de litige sur les brevets fédéraux contre Verizon et T-Mobile dans le district occidental du Texas. L'entreprise a décidé de se concentrer sur une stratégie juridique antitrust plus forte au lieu de poursuivre des litiges en matière de brevets longs et coûteux. Cette décision survient malgré le succès de VoIP-Pal à surmonter 36 défis de l'IPR.
L'entreprise explore des litiges antitrust depuis plus de deux ans, avec une équipe de professionnels, y compris trois avocats spécialisés en litiges, préparant l'affaire. VoIP-Pal pense que ce procès antitrust incitera les opérateurs de télécommunications à adopter l'avenir des télécommunications, notamment les solutions VoWiFi à bas prix.
Le PDG Emil Malak a déclaré que ce changement stratégique vise à s'attaquer aux pratiques anticoncurrentielles entourant leur technologie d'appel Wi-Fi et à obtenir de meilleurs résultats pour les actionnaires. L'entreprise s'attend à annoncer bientôt des mises à jour sur ses stratégies juridiques en évolution.
VoIP-Pal.com Inc. (OTCQB: VPLM) hat freiwillig seine kürzlichen Bundesklagen über Patente gegen Verizon und T-Mobile im Westlichen Distrikt von Texas zurückgezogen. Das Unternehmen beschloss, eine stärkere antitrustrechtliche Strategie zu verfolgen, anstatt langwierige und kostspielige Patentstreitigkeiten auszutragen. Diese Entscheidung kommt, obwohl VoIP-Pal in der Lage war, 36 IPR-Herausforderungen zu überwinden.
Das Unternehmen prüft seit über zwei Jahren antitrustrechtliche Schritte, mit einem Team von Fachleuten, darunter drei erfahrene Prozessanwälte, die den Fall vorbereiten. VoIP-Pal glaubt, dass diese Antitrustklage die Telekommunikationsanbieter dazu bewegen wird, die Zukunft der Telekommunikation, insbesondere kostenfreundliche VoWiFi-Lösungen, zu akzeptieren.
CEO Emil Malak erklärte, dass dieser strategische Wechsel darauf abzielt, wettbewerbswidrige Praktiken rund um ihre Wi-Fi-Anruftechnologie zu bekämpfen und bessere Ergebnisse für die Aktionäre zu erzielen. Das Unternehmen erwartet, in naher Zukunft Updates zu seinen sich entwickelnden Rechtsstrategien bekannt zu geben.
- Successfully overcame 36 IPR challenges, demonstrating the strength of their patents
- Shifting focus to a potentially more effective antitrust legal strategy
- Dedicated team of professionals, including experienced litigation attorneys, working on the antitrust case
- Withdrawal of patent litigation complaints against major telecom companies Verizon and T-Mobile
- Acknowledgment of challenges in the current patent litigation landscape
- Potential delay in monetizing their Wi-Fi calling technology patents
WACO, Texas, Oct. 14, 2024 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (“VoIP-Pal” or the “Company”) (OTCQB: VPLM) announces that it has voluntarily withdrawn its two recently filed federal patent litigation complaints in the Western District of Texas against Verizon (Civ. Action No. 6:24-cv-00299-DC) and T-Mobile (Civ. Action No. 6:24-cv-299), without prejudice. The withdrawn cases alleged infringement of two of VoIP-Pal’s “Routing, Billing, and Rating” patents: United States Patent Nos. 8,542,815 and 9,179,005. Additionally, the complaint against T-Mobile also alleged infringement of one of VoIP-Pal’s continuation patents, U.S. Patent No. 10,218,606 (“the ’606 patent”).
After a thorough assessment, VoIP-Pal determined that its resources would be better deployed toward more promising monetization strategies rather than pursuing another lengthy and costly patent litigation process. This decision comes despite the company’s success in overcoming 36 IPR challenges—a significant achievement, considering the inherent difficulty of prevailing in even a single IPR. While the Company remains confident in the strength of its patents, they continue in their commitment to pursuing a path that provides a more practical and timely resolution.
VoIP-Pal has been engaged in fierce legal patent courts battles for nearly a decade with some of the world’s largest tech and telecom companies, including Google, Apple, Facebook, Twitter, Samsung, Amazon, AT&T, Verizon, T-Mobile, and Huawei.
However, recognizing the complexities of patent litigation after the 2011 passage of the America Invents Act (AIA), the Inter Partes Review (IPR) process, and the drawn-out nature of patent litigation, VoIP-Pal made the strategic decision to explore a more viable antitrust legal strategy.
The Company initially began exploring antitrust litigation more than two years ago. The issue of bundling cellular and texting services became apparent to VoIP-Pal last November, prompting further analysis. Since then, a team of about ten professionals, including three seasoned litigation attorneys, have been working diligently on preparing the case.
The Company believes this antitrust lawsuit serves as a crucial wake-up call for telecom carriers, urging them to embrace the future of telecommunications now, rather than risk becoming obsolete. As the industry moves toward an IP-based model, where modern digital platforms replace traditional services, resisting the shift to low-cost VoWiFi solutions will only lead to diminishing market share.
By pausing these two recently filed patent lawsuits, VoIP-Pal can dedicate its resources to its antitrust lawsuit and the continued development of cutting-edge technology solutions that address much-needed advancements in Wi-Fi and cellular communication
"The decision to withdraw these patent complaints was not made lightly,” said Emil Malak, CEO of VoIP-Pal. “Over the years, we have remained steadfast in our commitment to defending our innovations and monetizing our Wi-Fi calling technology. However, it is equally important to allocate our resources where they have the greatest potential for success. Given the current challenges in the patent litigation landscape, we believe that focusing on the antitrust path offers a far stronger opportunity to achieve the results our shareholders deserve.
Our priority is to ensure that we move forward strategically, concentrating our efforts on antitrust litigation, where we are confident we can address the anticompetitive practices surrounding our Wi-Fi calling technology. While we remain confident in the strength of our patents, we are dedicated to pursuing a more practical and timely resolution. We expect to announce updates in the very near future to provide further clarity on our evolving legal strategies. 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
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