Katz sells three patent licences

Source: Ronald A. Katz Technology

American International Group, Inc., based in New York, New York, 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 American International Group, Inc. in the "Financial Services Call Processing" Field of Use including customer service delivered through 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 American International Group, Inc. to the diverse group of leading companies including TD Banknorth Inc. and Comerica Incorporated who have purchased license rights under this portfolio."

Separately, Colonial Bank, based in Montgomery, Alabama, 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 Colonial Bank in the "Financial Services Call Processing" Field of Use, including customer service delivered through 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 Colonial Bank to the diverse group of leading companies including TD Banknorth, Inc. and Webster Bank who have purchased license rights under this portfolio."

Separately, RBC Bancorporation (USA), based in Raleigh, North Carolina 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 RBC Bancorporation (USA) in the "Financial Services Call Processing" Field of Use, including customer service delivered through 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 RBC Bancorporation (USA) to the diverse group of leading companies including FirstMerit Corporation and Bank of the West who have purchased license rights under this portfolio."

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