Alltel Corporation and Ronald A. Katz Technology Licensing, L.P. Settle Patent Lawsuit and Enter Into License Agreement
February 15 2007 - 6:00AM
PR Newswire (US)
LOS ANGELES, Feb. 15 /PRNewswire/ -- Alltel Corporation, (NYSE:AT),
based in Little Rock, Arkansas, and Ronald A. Katz Technology
Licensing, L.P., headquartered in Los Angeles, announced today the
settlement of patent litigation between the parties and that, as
part of the settlement, Alltel has agreed to pay an undisclosed sum
for a license particularly on behalf of Alltel Communications, Inc.
and its other subsidiaries under a comprehensive portfolio of
patents that Katz owns relating to interactive voice applications.
The nonexclusive license covers services offered by Alltel in the
wireless field, including customer service delivered through
automated systems and live agents. Other terms of the license were
not disclosed. The more than 50 United States patents held by
Ronald A. Katz Technology Licensing, L.P. cover a wide range of
interactive technology including automated forms of: customer
service, securities trading, merchandising, prepaid services,
telephone conferences, registration, home shopping, as well as
functions involved in securing information from databases by
telephone, interactive cable transactions, and various other uses
of toll free and local numbers. Additional patents are currently
pending in this portfolio. Ronald A. Katz stated, "We welcome
Alltel to the group of leading telecommunications companies who
have purchased license rights under this portfolio." There are over
150 companies with license rights under this portfolio, including
over 15 energy and utility companies. Companies in other industries
with license rights under this portfolio include: Advanta Corp.,
American Century, American Express, Ameritrade Holding Corporation,
Automatic Data Processing, Inc., AT&T Corp., Bank of America
Corporation, BB&T Corporation, Capital One Services Inc.,
Cellco Partnership d/b/a Verizon Wireless, Certegy Inc., Dell Inc.,
Delta Air Lines, Inc., Edward D. Jones & Co., L.P., Equifax
Inc., Excel Communications Inc., First Data Corporation, First
National Bank of Omaha, First Tennessee National Corporation,
Hewlett-Packard Company, Home Shopping Network Inc., Household
International, Inc., HSBC Bank USA, International Business Machines
(IBM), KeyCorp, MCI Inc., Mediacom Communications Corporation,
Mellon Financial Corporation, Merck & Co., Merrill Lynch &
Co., Inc., Metris Companies Inc., Microsoft, MoneyGram Payment
Systems Inc., Nationwide, OppenheimerFunds, Inc., People's Bank,
Principal Financial Group, Inc., Prudential Financial, Inc., QVC,
Inc., Sears, Roebuck and Co., Shop At Home, Inc., Sprint
Corporation, SouthTrust Bank, Sunoco, Inc., Synovus, The Gallup
Organization, T. Rowe Price Associates, Inc., The Vanguard Group,
Inc., Verizon California Inc. and its affiliates, Wachovia
Corporation, and Wells Fargo & Company. Mr. Katz is the named
inventor on a large number of patents primarily in the fields of
telecommunications and computing. He also formed Telecredit, Inc.,
the nation's first on-line real time credit and check cashing
authorization system, and was awarded a patent as co-inventor of
that technology. Alltel is owner and operator of the nation's
largest wireless network and has more than 11 million wireless
customers. For more information about Alltel, please visit
http://www.alltel.com/. DATASOURCE: Ronald A. Katz Technology
Licensing, L.P. CONTACT: Brian Rivette of A2D, L.P.,
+1-310-247-8191, , for Ronald A. Katz Technology Licensing, L.P.;
or Dale Ingram, Vice President - Public Relations, +1-501-905-6078,
, or Scott Morris, Manager - Corporate Communications,
+1-501-905-4094, , both of Alltel Corporation
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