Voip Pal Com Inc (VPLM)

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Voip-Pal.com, Inc. Serves Defendants Apple, Verizon and AT&T in its $7 Billion Patent Infringement Lawsuits; Company Schedules Shareholder Conference Call with its Board of Directors
Business Wire Voip-Pal.com Inc.
1 hour ago
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BELLEVUE, Wash.--(BUSINESS WIRE)--

Voip-Pal.com Inc. (“Voip–Pal”, “Company”) (OTC Pink: VPLM) announced they have completed legal service on Apple, Verizon, and AT&T (“Defendants”) in the Company’s combined $7 billion patent infringement lawsuits filed in February 2016 in the United States District Court, District of Nevada. On May 9, 2016 the Company officially served Apple, Inc. in Case No. 2:16-CV-00260 and Verizon Wireless Services, LLC, Verizon Communications Inc., AT&T, Inc., and AT&T Corp in Case No. 2:16-CV-00271.

Voip-Pal initially delayed service of the actions pending discussions with the Defendants regarding an amicable resolution. Over the past several weeks discussions have been initiated between the Defendants and Voip-Pal’s advisor and mediator, Ray Leon. Mr. Leon has either personally met with or spoken via teleconference with representatives of each of the Defendants. He continues to engage in ongoing discussions with the Defendants as well as other parties interested in Voip-Pal’s patent suite.

Emil Malak, CEO of Voip-Pal stated, “Serving the parties in these lawsuits does not end our discussions with the Defendants. We are confident the current good will on both sides will result in a favorable outcome for all parties involved.”

Voip-Pal also announced they have scheduled a shareholder conference call for Wednesday May 25, 2016 at 12:00 PM ET. Those wishing to participate in the conference call should dial toll-free, [phone], and enter meeting ID number 743560036#.

The purpose of the conference call is to provide a format in which Voip-Pal’s Board of Directors can directly address some of the most common questions posed by the Company’s current and prospective shareholders. Questions for the call should be submitted in advance via email to [e-mail], by 5:00 PM ET, Wednesday, May 18, 2016. Please write “Conference Call Question” in the subject line.

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"The Board is looking forward to the upcoming shareholder conference call and the opportunity to respond to our shareholders’ questions,” said Mr. Malak.

About Voip-Pal.com Inc.

Voip-Pal.Com, Inc. (“Voip-Pal”) is a publicly traded corporation (OTC Pink: VPLM) 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.

Corporate Website: www.voip-pal.com
IR inquiries: [e-mail]


View source version on businesswire.com: http://www.businesswire.com/news/home/20160510005282/en/