Thursday, June 26, 2014

Inventergy Expands Mobile Telecommunications Portfolio With Acquisition of Select Nokia Patents


Transaction Marks Company s Third Acquisition From Global Technology Leaders CAMPBELL, CA (Marketwired Jun 9, 2014) Inventergy Global, Inc. (NASDAQ: INVT) ( Inventergy ) announced today it has acquired a patent portfolio from Nokia, a leader in network infrastructure, location intelligence and advanced technology development. The portfolio includes 16 patent families comprised of 77 patents and patent applications pertaining to IP Multimedia Subsystems (IMS). The acquisition is Inventergy s third significant patent acquisition in the past year and increases the Company s portfolio to more than 750 patents globally. While the terms of the transaction are confidential, it has no immediate effect on Inventergy s cash position. This represents an important acquisition for Inventergy. When combined with the portfolio we acquired from Huawei last year, these patents increase our IMS holdings by roughly 50 percent, said Joe Beyers, Chairman and CEO of Inventergy. Leveraging these additional
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