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Replies to post #89846 on Zerify Inc (ZRFY)
A multichannel security system is disclosed, which system is for granting and denying access to a host computer in response to a demand from an access-seeking individual and computer. The access-seeker has a peripheral device operative within an authentication channel to communicate with the security system. The access-seeker initially presents identification and password data over an access channel which is intercepted and transmitted to the security computer. The security computer then communicates with the access-seeker. A biometric analyzer—a voice or fingerprint recognition device—operates upon instructions from the authentication program to analyze the monitored parameter of the individual. In the security computer, a comparator matches the biometric sample with stored data, and, upon obtaining a match, provides authentication. The security computer instructs the host computer to grant access and communicates the same to the access-seeker, whereupon access is initiated over the access channel
In November 2010, we received notice that the United States Patent and Trademark Office ("USPTO") had issued an official Notice of Allowance for the patent application for the technology relating to our ProtectIDÒ product. In January 2011, we received notice that the USPTO issued to us Patent No. 7,870,599. This "Out-of-Band" patent went through a USPTO Re-Examination process starting on August 16, 2011 and concluded on December 27, 2011, with all of our patent claims remaining intact and eight additional patent claims being added. Since 2011, we submitted additional continuation patents on the "Out-of-Band" patent, two were granted and another is still pending.
In January 2013, we were assigned the entire right, title and interest in the "Out-of-Band" patent from NetLabs, with the agreement of the developer, and the assignment was recorded with the United States Patent and Trademark Office ("USPTO").
In February 2013, we executed a retainer agreement with our patent attorneys to aggressively enforce our patent rights as "Out-of-Band Authentication" is becoming the standard for authenticating consumers in the financial market and for many Saas application users (e.g., SalesForce, Quickbooks, etc.). In February 2013, our patent attorneys submitted a new "Out-of-Band" patent continuation, which has been granted.
In March 2013, our patent attorneys submitted a new "Methods and Apparatus for securing user input in a mobile device" patent, which is now patent pending. Our MobileTrustÒ product is the invention supporting the patent pending.
In July 2013, we received notice that the USPTO had added approximately sixty additional patent claims for our Out-of-Band patent we received in January 2011, by issuing to us Patent No. 8,484,698 thereby, we believe, strengthening our position with clients and our current and potential lawsuits.
In October 2013, we received notice that the USPTO issued to us Patent No. 8,566,608 "Methods and apparatus for securing keystrokes from being intercepted between the keyboard and a browser." This protects our GuardedIDÒ product and the keystroke encryption portion of our MobileTrustÒ products.
In February 2014, we received a Notice of Allowance from the USPTO for our third patent relating to our "Multi-Channel Device Utilizing a Centralized Out-of-Band Authentication System" Patent No. 7,870,599. Upon receipt of this "Out-of-Band" patent we filed another continuation patent.
In March 2014, we received Notice of Allowance from the USPTO for our second patent and first continuation of our Keystroke Encryption patent, which only furthers our protection for all mobile devices when utilizing any keyboard for data entry. Upon receipt of this Notice, we also filed another continuation patent for Patent No. 8,566,608.
In April 2014, we were granted our third patent relating to our "Multi-Channel Device Utilizing a Centralized Out-of-Band Authentication System" Patent No. 8,713,701.
In September 2014, we filed an International Patent for MobileTrustÒ (PCT/US20114/029905).
In March 2015, we received our third patent from the USPTO, Patent No. 8,973,107, of our Keystroke Encryption patent. This enhances our position for our Keystroke Encryption product, GuardedIDÒ, and our MobileTrustÒ product.
We are working with our patent attorneys to aggressively continue to enforce our patent rights now that we have successfully settled our first major patent lawsuit. Our patent attorneys filed our fourth "Out of Band" continuation patents. The third patent was recently granted and the fourth patent is pending. We currently have three patents granted to us for Out-of-Band ProtectIDÒ (Patent Nos.: 7,870,599, 8,484,698 and 8,713,701). In September 2014, we filed an International Patent for MobileTrustÒ (PCT/US20114/029905) which is pending.
We are also working with our patent attorneys to plan our strategy to aggressively enforce the patent rights relating to our granted Keystroke Encryption patents that help protect our GuardedIDÒ and MobileTrustÒ products. We were granted three related keystroke encryption patents for which we received the most recent patent on March 3, 2015 (Patent Nos.: 8,566,608, 8,732,483 and 8,973,107). In February 2016, a channel partner exercised their option to purchase our GuardedIDÒ patents, which requires them to pay us $9,000,000 for the patents by September 30, 2020, in addition to royalties on sales.
We have four trademarks that have been approved and registered: ProtectIDÒ, GuardedIDÒ, MobileTrustÒ and CryptoColorÒ.
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