Voip Pal Com Inc (VPLM)

[traderking60]

Voip-Pal.com Asserts its Lawful Intercept Technology is the First Patented Method of Intercepting VoIP CommunicationsLast update: 8/13/2013 8:33:00 AM
BELLEVUE, Wash., Aug 13, 2013 (BUSINESS WIRE) -- Voip-Pal.com Inc. ("Voip-Pal", "Company") (otc pink:VPLM) asserts that its Lawful Intercept technology (U.S. Patent No. 8,422,507), is the first patented method for intercepting VoIP communications. The Voice over internet Protocol (VoIP) industry is experiencing very rapid growth, while traditional landline subscriptions are on the decline. In 2012 the VoIP industry saw revenues of $63 billion, and is currently experiencing double digit growth. With the number of mobile VoIP subscribers expected to reach 410 million by 2015, traditional wiretapping by law enforcement agencies is being rendered obsolete in that it is not effective in VoIP communications interception. Voip-Pal's Lawful Intercept patent was applied for in 2007, two years before Microsoft Corporation filed for a patent, for its own version entitled Legal Intercept in 2009, (US Patent Application 20110153809). Though both patent applications had substantial similarities, Voip-Pal's version had priority due to its earlier filing date. Microsoft's Legal Intercept was rejected by the USPTO in 2011 and Voip-Pal's Lawful Intercept was allowed in January of 2013 and issued as a patent this past April.
The ability to intercept VoIP communications is a critical part of the global war on terrorism. Governments around the world have blocked Microsoft's SKYPE and similar applications due to their inability to monitor communications for the purposes of law enforcement. Recently Saudi Arabia and India announced intentions to join the long list of countries that have already banned SKYPE, joining Turkey, Pakistan, and Egypt among many others across several continents. VoIP-Pal's Lawful Intercept was developed specifically to address the global demands of governments to enable law enforcement agencies the ability to perform live intercepts of VoIP communications. As the first patented technology of its kind, VoIP-Pal's Lawful Intercept stands alone as a vital tool for law enforcement agencies around the world.
As a result of recent concerns over potential invasions of privacy due to broad surveillance, Voip-Pal believes legislation for the provision of lawful intercept with all forms of internet telephony could be forthcoming. It is possible that the United States may take the lead in such legislations.
About Voip-Pal.com Inc.
Voip-Pal.Com, Inc. ("Voip-Pal", "Company") is a publicly traded corporation (otc pink:VPLM) incorporated in December of 1997 in the State of Nevada and headquartered in Bellevue, Washington. Voip-Pal is a technical leader in the broadband Voice-over-Internet Protocol ("VoIP") market with the ownership and development of a portfolio of leading edge VoIP Patent Applications. Through its retail website, , Voip-Pal is also a provider of local and long-distance VoIP telephone services for next generation devices including smartphones, tablets and cell phones.
Voip-Pal's primary products are VoIP patent application technology The Company is currently developing, testing, and administrating the patent process to ultimately license or sell the patents once they have been issued. The addition of Voip-Pal's patent portfolio has immediately advanced Voip-Pal as a technical leader in the VoIP services market which had revenues of $63 billion in 2012 and is experiencing double digit year-over-year growth. The patent application portfolio has greatly enhanced shareholder value and is expected to contribute to significant future revenue growth for Voip-Pal.com as the number of mobile VoIP subscribers is projected to reach 410 million by 2015.
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All statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
SOURCE: Voip-Pal.com Inc.

Voip-Pal.Com, Inc.
Rich Inza, 954-495-4600

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