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[July 15, 2014]
Inventergy Files Patent Infringement Suit
(Marketwire Via Acquire Media NewsEdge) CAMPBELL, CA -- (Marketwired) -- 07/15/14 -- Inventergy, Inc. ("Inventergy"), a wholly-owned subsidiary of Inventergy Global, Inc. (NASDAQ: INVT), has filed a patent complaint against Genband Inc. in the U.S. District Court for the Eastern District of Texas, where Genband is headquartered, alleging patent infringement of five U.S. patents from Inventergy's IMS and VoIP technology portfolio.
Inventergy defends the intellectual property rights developed by global technology leaders, enabling those companies to pursue further innovation. Inventergy is dedicated to streamlining IP rights licensing by working directly with companies deploying products and services covered by Inventergy's patents. However, if a company repeatedly refuses to participate in meaningful license discussions, Inventergy may need to, as in this case, seek court assistance, thereby properly defending its rights from unauthorized use by such an unwilling company.
"We attempted numerous times to engage in licensing discussions with Genband without success, unlike other companies who are engaged with us," said Joe Beyers, CEO. "It is unfortunate that we had to file this lawsuit, but it was necessary to protect our rights. Nevertheless, we are still open to working with Genband to resolve this matter through license discussions rather than protracted litigation." "Our IMS and VoIP patent portfolio covers technology developed by two market and technology leaders in telecommunications systems," Beyers further noted, "and we believe it embodies important, valuable and enabling technology for others established in this industry." About Inventergy, Inc. Inventergy, Inc. is a Silicon Valley-based intellectual property company dedicated to identifying, acquiring and licensing the patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, the company leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies in leveraging the value of their innovations to achieve greater returns. Inventergy currently owns over 750 patent assets in the telecommunications industry sector acquired from Huawei, Panasonic and Nokia. For more information about Inventergy, visit www.inventergy.com.
Cautionary Statement Regarding Forward-Looking Statements This press release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These statements include statements about our plans, strategies, financial performance, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. These statements may be identified by the use of words like "anticipate", "believe", "estimate", "expect", "intend", "may", "plan", "will", "should", "seek" and similar expressions and include any projections or estimates set forth herein. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by Inventergy and our management team, are inherently uncertain. A more complete description of these risks and uncertainties can be found in our filings with the U.S. Securities and Exchange Commission. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
For further information contact: Media Contact: Wendy Chou CHOUmedia LLC Email Contact 1-718-812-6707 Investors: Chris Camarra Director, Investor Relations Inventergy, Inc.
Email Contact 1-212-260-0579 Source: Inventergy Global, Inc.
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