Messaging International Plc
03 September 2007
Messaging International Plc / Market: AIM / Epic: MES / Sector: Technology
3 September 2007
Messaging International Plc ('the Company')
Sale of Rights to Intellectual Property for $700,000
Messaging International Plc, the AIM traded provider of innovative messaging
services, has sold the rights to intellectual property it developed and for
which a patent was granted in 2006 to a US based invention company for $700,000
(approximately £350,000).
The patent, received in 2006, is a method for identifying a message selection
made at a mobile station, which enables users to seamlessly reply to messages
across various messaging services. Messaging International will be able to
continue to use the patent for its products and services through the sale
agreement.
Guy Levit, CEO at TeleMessage said, 'This transaction highlights the Company's
advanced technological and innovative capabilities. Our in-house R&D team
continues to generate cutting-edge products to service the growing demands of
our clients, hungry for the latest messaging technology and keen to adopt new
user-friendly methods of communication.'
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For further information visit www.telemessage.com or contact
Guy Levit Messaging International Plc Tel: + 972 3 922 5252
Isabel Crossley St Brides Media & Finance Ltd Tel: +44 (0)20 7242 447
Mark Percy Seymour Pierce Ltd Tel: +44 (0)20 7107 8000
Messaging International Plc: Messaging International Plc joined AIM in August
2005 with the objective of becoming a leading provider in the rapidly growing
multimedia messaging market. Its 100% owned subsidiary, TeleMessage Ltd (
www.telemessage.com), provides cross-platform media messaging management systems
and applications. These are designed to enable PC, browser, mobile phone and
wireline telephone users to send, receive and manage voice messages, email, SMS,
IM and MMS across various media platforms. It supports multiple languages, text
to speech conversion, e-mail notification, unlimited SMS length, and direct
reply to SMS capabilities, all illustrating the uniqueness of the service. The
Company has a number of contracts with major blue chip companies including
Rogers Wireless, the largest wireless provider in Canada and Sprint/Nextel, one
of the largest wireless providers in the US.
This information is provided by RNS
The company news service from the London Stock Exchange
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