Comverse To License BellSouth Patents
03 Juin 2005 - 1:30AM
PR Newswire (US)
Comverse To License BellSouth Patents ATLANTA, June 2 /PRNewswire/
-- BellSouth Intellectual Property Marketing Corporation, a
wholly-owned subsidiary of BellSouth Corporation (NYSE:BLS),
announced today that it has entered into a license and settlement
agreement with Comverse, Inc., a unit of Comverse Technology, Inc.
(NASDAQ:CMVT) and the world's leading supplier of software and
systems enabling network-based multimedia enhanced communication
services. Under the terms of the settlement, Comverse has taken
non-exclusive patent licenses from BIPMARK for voicemail call
return technology and a one-number call routing technology. The
licenses are paid-up licenses, but detailed financial terms were
not disclosed. "We are excited to have Comverse, the industry
leader in the enhanced communications space, as a licensee of our
patents," said Bill Hartselle, managing director of Patent
Licensing for BellSouth Intellectual Property Marketing
Corporation. "This patent license with Comverse is a further
indication of the value of BellSouth's patent portfolio. We
continue to aggressively protect our intellectual property assets
and look forward to working with other companies in this industry
as we actively seek licensees of our patents." About BellSouth
Corporation BellSouth Corporation is a Fortune 100 communications
company headquartered in Atlanta, Georgia. BellSouth has joint
control and 40 percent ownership of Cingular Wireless, the nation's
largest wireless voice and data provider with more than 50 million
customers. Backed by award winning customer service, BellSouth
offers the most comprehensive and innovative package of voice and
data services available in the market. Through BellSouth
Answers(R), residential and small business customers can bundle
their local and long distance service with dial-up and high-speed
DSL Internet access, satellite television and Cingular(R) Wireless
service. For businesses, BellSouth provides secure, reliable local
and long distance voice and data networking solutions. BellSouth
also offers online and directory advertising through BellSouth(R)
RealPages.com(R) and The Real Yellow Pages(R). BellSouth believes
that diversity and fostering an inclusive environment are critical
in maintaining a competitive advantage in today's global
marketplace. More information about BellSouth can be found at
http://www.bellsouth.com/. About BIPMARK BellSouth Intellectual
Property Marketing Corporation (BIPMARK) is a wholly-owned
subsidiary of BellSouth Corporation. BIPMARK markets BellSouth's
extensive intellectual property assets, maximizing revenue
opportunities for the company. About Comverse Comverse, a unit of
Comverse Technology, Inc. (NASDAQ:CMVT), is the world's leading
provider of software and systems enabling network-based multimedia
enhanced communication services. These value-added enhanced
services solutions, along with the company's real-time billing
solutions, comprise the company's Total Communication portfolio.
Comverse's Total Communication portfolio addresses four primary
categories: call completion and call management solutions; advanced
messaging for groups, communities and person-to-person
communication; solutions and enablers for the management and
delivery of data and content-based services; and real-time billing
and account management solutions for dynamic service environments.
Other Comverse Technology business units include: Verint Systems, a
leading provider of analytic software-based solutions for
communications interception, networked video security and business
intelligence; and Ulticom, a leading provider of service enabling
signaling software for wireline, wireless and Internet
communications. Comverse Technology is an S&P 500 and
NASDAQ-100 Index company. For additional information, visit the
Comverse Web site at http://www.comverse.com/ or Comverse
Technology's Web site at http://www.cmvt.com/. All product and
company names mentioned herein may be registered trademarks or
trademarks of Comverse or the respective referenced company(s).
DATASOURCE: BellSouth Corporation CONTACT: Brent Fowler of
BellSouth, +1-404-249-2839, or Web site: http://www.bellsouth.com/
http://www.comverse.com/ http://www.cmvt.com/ Company News On-Call:
http://www.prnewswire.com/comp/095650.html
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