Ronald A. Katz Technology Licensing, L.P. announced today that
AXA Equitable Life Insurance Company has purchased a license under
the patent portfolio held by Ronald A. Katz Technology Licensing,
L.P. and licensed through its affiliate, A2D, L.P. AXA Equitable
Life Insurance Company, headquartered in New York City, is one of
the oldest and largest life insurance organizations in the United
States, and is part of the AXA Group (NYSE:AXA), which is a
diversified financial services organization offering a broad
spectrum of financial advisory, insurance and investment management
products and services.
The nonexclusive license covers services as delivered by AXA
Equitable Life Insurance Company in the "Automated Securities
Transactions" and "Financial Services Call Processing" Fields of
Use, including customer service provided via automated systems and
live agents. Other terms of the license were not disclosed.
The patents held by Ronald A. Katz Technology Licensing, L.P.
cover a wide range of interactive technology including automated
forms of: customer service, prescription refill services,
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.
Ronald A. Katz stated, “We welcome AXA Equitable Life Insurance
Company to the large number of leading financial services companies
who have purchased license rights under this portfolio.”
There are over 285 companies with license rights under this
portfolio. Companies with license rights under this portfolio
include: Advanta Corp., Aetna Inc., Alltel Corporation, American
Century, American Express, American International Group, Inc.,
Amtrak, AT&T Inc., Avis Budget Group, Inc., Avon Products,
Inc., Bank of America Corporation, BT Conferencing, Capital One
Services Inc., CIGNA Corporation, Chevron U.S.A. Inc., Comerica
Inc., Continental Airlines, Costco Wholesale Corporation, CVS
Caremark Corporation, Dell Inc., Delta Air Lines, Inc., Discover
Financial Services, Experian, Express Scripts, Exxon Mobil Corp.,
First Data Corporation, FirstMerit Corporation, Frontier
Communications Corporation, The Gallup Organization, General
Electric Company, Global Crossing Telecommunications, Inc., The
Hartford Financial Services Group, Inc., Hewlett-Packard Company,
Hilton Hotels Corporation, Household International, Inc., Humana
Inc., Huntington Bancshares Incorporated, ING North America
Insurance Corp., International Business Machines (IBM), Kaiser
Permanente Insurance Co., KeyCorp, Kohl's Corporation,
Massachusetts Mutual Life Insurance Company, MCI Inc., Mellon
Financial Corporation, Merck & Co., Merrill Lynch & Co.,
Inc., Metris Companies Inc., Microsoft, Morgan Stanley, Navy
Federal Credit Union, New York Life Insurance Company, Oppenheimer
Funds, Inc., Premier Global Services, Inc., Principal Financial
Group, Inc., Prudential Financial, Inc., Qwest Communications
International Inc., QVC, Inc., Regions Financial Corporation, Rite
Aid Corporation, Safeway Inc., Sears, Roebuck and Co., ShopKo
Stores, Sprint Corporation, Sunoco, Inc., SUPERVALU Inc., TD
Banknorth Inc., T. Rowe Price Associates, Inc., T-Mobile USA,
United Air Lines, Inc., UnitedHealth Group, Verizon California
Inc., Wachovia Corporation, Walgreen Co., Wal-Mart Stores, Inc,
Webster Financial Corporation, WellPoint, Inc., Wells Fargo &
Company, West Corporation, Whirlpool Corporation, Wilmington Trust
Corporation and Zions Bancorporation.
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.
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