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Thursday, 01/05/2017 11:36:10 AM

Thursday, January 05, 2017 11:36:10 AM

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09:45 AM EST, 01/05/2017 (MT Newswires) -- Network-1 Technologies(NTIP) said on Thursday it obtained two new patents from the US Patent Office relating to identification and further uses of media content. The shares rose more than 6% to a record high.

The newly issued patents are a result of a patent application contained in the patent portfolio acquired by Network-1(NTIP) from Professor Ingemar Cox in 2013, the company said.

The portfolio includes patents relating to enabling technology for identifying media content, such as music and videos, and taking further actions to be performed based on such identification including the insertion of advertising and the facilitation of the purchase of goods and services relating to the media content, it said.

Price: 3.48, Change: +0.18, Percent Change: +5.30



NEW 16 Year High today and its still dirt cheap and at $5 a share it will still be dirt cheap.
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