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Advanced Powerline Technologies, Inc., Today Announces acquisition of advanced intellectual property for Broadband over Power Line (BPL) and Power Line Communications (PLC).
Advanced Powerline Technologies, Inc., Today Announces acquisition of advanced intellectual property for Broadband over Power Line (BPL) and Power Line Communications (PLC)..
About this update from Advanced Powerline Technologies, Inc.
[{"type":"text","content":"Advanced Powerline Technologies, Inc., Today Announces acquisition of advanced intellectual property for Broadband over Power Line (BPL) and Power Line Communications (PLC). \r\n\r\nWOODWARD, OK -- (PINKSHEETS) - August 19, 2005 -- Advanced Powerline Technologies, Inc., (Pink Sheets: APWL - News) announces the acquisition of certain advanced intellectual property for Broadband over Power Line (BPL) and Power Line Communications (PLC). Advanced Powerline Technologies, Inc., further announced today that it has acquired from the three inventors all their rights, title and interest in this most advanced communications network, using installed electrical power lines, that the company has seen. This technology is fully described in pending patent application for utility patents in the United States and elsewhere. These assignments include all rights and privileges under any letter of patent which may be granted from any subsequent patent applications directed to this invention including all rights throughout the entire world including those to sue for all past infringements which may have occurred prior to their execution of the assignment.\r\n\r\nThe inventors also agreed to participate and perform all other acts which may be necessary or desirable to obtain a grant of valid patents for this unique invention in any other country throughout the world. The three inventors provided a warranty that they have full right to convey the entire right, title and interest to Advanced Powerline Technologies, Inc., and that it is free and clear of any encumbrance and that no other agreement will be executed in conflict with the company's acquisition of this technology. The company has engaged the services of the extremely efficient patent law firm of Patzik, Frank & Samotny LTD., located in Chicago, Illinois to prosecute patents and protect this intellectual property from any infringers to the benefit of Advanced Powerline Technologies, Inc., and its shareholders.\r\n\r\nAdvanced Powerline Technologies, Inc., believes this is the most advanced Broadband over Power Line (BPL) and Power Line Communications (PLC) technology in the world at this time. Advanced Powerline Technologies, Inc., has been working diligently for more than one year to validate, quantify and acquire this technology as it believes it is a quantum leap forward in the advancement...