HALF MOON BAY, Calif., Nov. 19, 2013 (GLOBE NEWSWIRE) -- Endeavor IP, Inc. (OTCBB:ENIP), an intellectual property services and patent licensing company, announced today that it has been issued a Notice of Allowance from the United States Patent and Trademark Office ("USPTO"). The Notice of Allowance pertains to its wholly-owned subsidiary Endeavor MeshTech, Inc. and the patent titled Wireless Communication Enabled Meter and Network.
Endeavor IP, Inc.'s wholly-owned subsidiary Endeavor MeshTech, Inc. has filed patent infringement lawsuits against four defendants to-date in regards to its Wireless Communication Enabled Meter and Network patent.
Endeavor IP, Inc. continues to explore opportunities to vigorously prosecute its patent portfolio. The law firm representing Endeavor IP, Inc. in the prosecution of this patent is Lowenstein Sandler LLP.
Cameron Gray, Chief Executive Officer of Endeavor IP, Inc. said, "We are very pleased with this addition to Endeavor MeshTech, Inc.'s patent portfolio. The portfolio has been licensed by four companies to-date and there are four pending patent infringement lawsuits against four additional companies. This Notice of Allowance increases the portfolios to two issued U.S. patents and one allowed U.S. patent, which we anticipate issuing in the coming months."
Endeavor IP, Inc.
Endeavor IP, Inc. is an intellectual property services and patent licensing company that is engaged in the acquisition and licensing of intellectual property. Endeavor is based in Half Moon Bay, CA. http://www.enip.com.
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
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Source: Endeavor IP