Source: Ronald A. Katz Technology Licensing
Ronald A. Katz Technology Licensing, L.P. announced today that SunTrust Banks (NYSE: STI) 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.
The nonexclusive license covers services offered by SunTrust in the "Financial Services Call Processing" Field of Use, including customer service provided via automated systems and live agents.
The 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, prescription refill services, 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 SunTrust to the large group of financial services companies who have purchased license rights under this portfolio."