Accredited Transcription Corp. Retains Legal Counsel to Protect Its Rights
October 08 2012 - 1:05AM
Marketwired
Accredited Transcription Corp. previously acquired full ownership
of United States Patent 6,298,328. ATC retained the Law Offices of
Randall S. Newman, P.C., of New York, to protect its intellectual
rights. Attorney Newman, licensed to practice in New York, New
Jersey, and California, possesses significant federal court and
class action experience. Attorney Newman will assist ATC in
locating entities that are infringing on its patent, serving
appropriate cease and desist notices, and initiating litigation if
a fair royalty agreement cannot be negotiated.
ATC believes that its technology is being infringed upon by many
entities and that it is entitled to residual royalties from
products that utilize an off-site system to convert voice to data
and relay it back to the person sending the voice file. Many
companies are currently using what appears to be ATC's technology,
with slight modifications and improvements, albeit without paying
royalties including Google, Apple (Siri), Samsung, and Vlingo Inc.
The technology is being used by companies ranging from fast food
restaurants for their drive through windows to medical and legal
transcription services.
The technologies appear to have infringed on the patent since
the users speak into their device, the voice is transmitted to a
central data processing facility via electronic transmissions, the
sounds are converted to text, and the data is returned to the
device. ATC believes that these procedures violate its patent and
that those who misuse its technology must either license it, pay
royalties, or cease infringement.
ABOUT ACCREDITED TRANSCRIPTION CORP.
Accredited Transcription Corp. is an entity formed for the
purpose of establishing digital transcription technologies owned by
a consortium of enterprises. The Company actually possesses
prototype technology implementing its transcription invention. The
patent prosecution program is managed and overseen by Accredited
Business Consolidators Corp. (OTCQB: ACDU), which also owns 15% of
the common and preferred stock of ATC. A copy of the ATC patent can
be obtained from: http://www.google.com/patents/US6298326
This is not an offer to sell securities. Statements made are
forward-looking subject to risks and uncertainties. Statements
included are made as of the date hereof, and the company undertakes
no obligation to update such statements to reflect subsequent
events or circumstances. Actual results could differ materially
from anticipated results.
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Contact: Accredited Transcription Corp. 1-267-864-7737
1-267-371-5168 Facsimile atc@accreditedbiz.com
www.accreditedtranscription.com