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CardinalCommerce granted US patent

20 October 2010  |  1786 views  |  0 Source: CardinalCommerce

CardinalCommerce, the leading enabler of payment brands worldwide, today announced that it has been issued its seventh patent by the United States Patent and Trademark Office (USPTO).

Patent number US 7,797,731 B2, entitled Centralized Identity Authentication for Electronic Communications Networks, issued on September 14, 2010, protects the Company's methods and technologies related to secure informational and transactional exchange using authentication. CardinalCommerce's products and services allow its Customers to securely process transactions or access information using any number of various authenticated payment brands and authentication credentials. The application for the granted patent dates back to March 2000.

Cardinal's IP portfolio includes seven United States, three European, and three South African patents:

U.S. Patents:
Patent No. US 7,051,002
Patent No. US 7,140,036
Patent No. US 7,606,771
Patent No. US 7,624,039
Patent No. US 7,693,783
Patent No. US 7,742,967
Patent No. US 7,797,731

European Patents:
Patent No. EP 1 221 146 B1 (United Kingdom)
Patent No. EP 1 221 146 B1 (Switzerland)
Patent No. DE 600 15 587.0-08 (Germany)

South African Patents:
Patent No. 2005/0269
Patent No. 2007/07072
Patent No. 2008/1212

"We are certainly proud of being awarded our seventh U.S. patent. The combination of this patent with the rest of the Company's patent portfolio creates an intellectual property safe haven for Customers and Partners that utilize Cardinal technology," stated Michael A. Keresman, III, Chief Executive Officer of CardinalCommerce. "Applications for electronic payment transactions, medical information access, as well as others that utilize authentication over a public network, including the Internet and mobile channels would more than benefit from Cardinal's patents, technology and know-how. We are excited about the opportunities that this creates for our Customers, Partners and Stockholders and we look forward to using our intellectual property portfolio to contribute to the growth of secure commerce worldwide."

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