Monday, September 25, 2017 7:27:39 AM
GLOBENEWSWIRE 5:00 AM ET 9/25/2017
Symbol Last Price Change
VPLM 0.03down 0 (0%)
QUOTES AS OF 02:43:23 PM ET 09/22/2017
BELLEVUE, Wash., Sept. 25, 2017 (GLOBE NEWSWIRE) -- Voip-Pal.com(VPLM), Inc. (“Voip-Pal,” the “Company”) is pleased to announce its Producing Routing Messages for Voice Over IP Communications (RBR) patent has been granted in India by the Indian Patent Office. The grant of the patent was recorded in the Register of Patents on September 15, 2017, and assigned Patent No. 287412. India is the second most populous country in the world behind only China, and ranks number two in the world in total mobile phones with 1,186,790,005. That is three times as many as the 3rd ranked United States which has a total of 377,577,529 mobile phones.
Voip-Pal CEO Emil Malak stated, “We are extremely pleased to have received this very important patent after a nearly seven-year long process. India is a thriving democracy and the second fastest-growing large economy in the world. Monetizing our RBR patent in India is a top priority.”
Mr. Malak also commented, “We recognize the monetization process has taken longer than originally thought. We are currently working very diligently to take significant action in the near future on behalf of our shareholders in order to safeguard our valuable patent portfolio. We will provide important updates very soon.”
About Voip-Pal.com Inc.(VPLM)
Voip-Pal.Com Inc.(VPLM) is a publicly traded corporation headquartered in Bellevue, Washington. The Company owns a portfolio of patents relating to Voice-over-Internet Protocol (“VoIP”) technology that it is currently looking to monetize.
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