Acceris Communications Inc. (Booth 401) has secured a patent for the Voice Internet Transmission System. Filed in 1996, the patent reflects foundational thinking, application and practice in what has grown to be the VoIP services market.
The VoIP patent, together with an existing Acceris patent and its related international patent applications, forms an international patent portfolio that covers the basic process and technology that enables VoIP. Any service provider using IP to carry voice traffic, with termination on the TDM network, is using Acceris technology. In light of this, Acceris intends to "aggressively pursue recognition" of its intellectual property, via a focused licensing program.
"In January, we sent out the first wave of patent infringement notifications to people in the industry that are doing voice over IP, telling them they need to chat with us about licensing fees," says Ken Hilton, executive vice president of sales and marketing for Acceris Communications Inc.
The VoIP patent was acquired from Telecom Internet Holdings Ltd. (TIH), a UK-based company, for an up-front payment and a profit sharing arrangement whereby Acceris will retain 65 percent of net proceeds, after cost recoveries, generated by the VoIP patent portfolio, with TIH receiving the balance. Acceris has the option, over the next 12 months, to increase its share of net proceeds to 85 percent upon payment of certain contractual amounts.
"The acquisition of Telecom Internet Holdings’ patent is a watershed event for Acceris," said Acceris Chairman and CEO Allan Silber, in a December press statement. "The creation of this patent portfolio positions our company as a major participant in the industry’s adoption of VoIP. Our team has made a tremendous effort over the past year to reach this point and we are excited to begin working with the industry to realize value from our patented intellectual property."
The Acceris and VoIP Patents are posted for interested parties on the Acceris Web site at www.acceris.com.
"The big, one-stop-shop providers just can't keep up with this pace of change." goo.gl/fb/Ew3Lq2
March 22 2019 @ 20:35:09 UTC