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VoIP-Pal is voluntarily withdrawing complaints it recently filed in West Texas against Verizon and T-Mobile to focus on a stronger antitrust path

VoIP-Pal is voluntarily withdrawing complaints it recently filed in West Texas against Verizon and T-Mobile to focus on a stronger antitrust path

Voip Pal.Com Inc.

Voip Pal.Com Inc.

WACO, Texas, Oct. 14, 2024 (GLOBE NEWSWIRE) — VoIP-Pal.com Inc. (“VoIP-Pal” or the “Company”) (OTCQB: VPLM) announces that it has voluntarily withdrawn its two recently filed federal certifications filed patent lawsuits in the Western District of Texas against Verizon (Civil Action No. 6:24-cv-00299-DC) and T-Mobile (Civil Action No. 6:24-cv-299), without prejudice. The withdrawn cases alleged infringement of two VoIP-Pal “routing, billing and rating” patents: U.S. Patent No. 8,542,815 And 9,179,005. In addition, the lawsuit against T-Mobile also alleged infringement of one of VoIP-Pal’s continuation patents, U.S. Patent No. 10,218,606 (“the ‘606 Patent”).

After a thorough evaluation, VoIP-Pal concluded that its resources would be better spent on more promising monetization strategies rather than pursuing another lengthy and costly patent litigation process. This decision comes despite the company’s success in overcoming 36 IPR challenges – a significant achievement given the inherent difficulty of prevailing on even a single IPR. While the company remains confident in the strength of its patents, it continues its commitment to pursuing a path that provides a more practical and timely solution.

For nearly a decade, VoIP-Pal has been embroiled in bitter patent disputes with some of the world’s largest technology and telecommunications companies, including Google, Apple, Facebook, Twitter, Samsung, Amazon, AT&T, Verizon, T-Mobile and Huawei.

However, recognizing the complexities of patent litigation following the passage of the America Invents Act (AIA) in 2011, the Inter Partes Review (IPR) process, and the protracted nature of patent litigation, VoIP-Pal made the strategic decision to explore a more viable antitrust strategy .

The company began investigating antitrust disputes more than two years ago. The problem of bundling mobile and SMS services became clear to VoIP-Pal last November, which led to further analysis. Since then, a team of around ten professionals, including three experienced litigators, have worked diligently to prepare the case.

The company believes this antitrust lawsuit is a critical wake-up call for telecommunications providers, urging them to embrace the future of telecommunications now rather than risk becoming obsolete. As the industry moves towards an IP-based model where modern digital platforms replace traditional services, resistance to moving to low-cost VoWiFi solutions will only result in a decline in market share.

By suspending these two recently filed patent lawsuits, VoIP-Pal will be able to devote its resources to its antitrust lawsuit and the continued development of cutting-edge technology solutions that enable much-needed advances in Wi-Fi and cellular communications

“The decision to withdraw these patent complaints was not taken lightly,” said Emil Malak, CEO of VoIP-Pal. “Over the years, we have remained steadfast in our commitment to defending our innovations and monetizing our Wi-Fi calling technology. Equally important is to direct our resources where they have the greatest potential for success. Given the current challenges in patent litigation, we believe that focusing on the antitrust litigation provides a far greater opportunity to achieve the results our shareholders deserve.

Our priority is to ensure we move forward strategically and focus our efforts on antitrust litigation where we are confident we can combat the anti-competitive practices associated with our Wi-Fi calling technology. While we remain confident in the strength of our patents, we are committed to pursuing a more practical and timely solution. We expect to provide updates in the near future to provide further clarity on our evolving legal strategies. Patience is a virtue.

About VoIP-Pal.com Inc.
VoIP-Pal.Com, Inc. (“VoIP-Pal”) is a publicly traded company (OTCQB: VPLM) headquartered in Waco, TX. The Company owns a portfolio of patents related to Voice over Internet Protocol (“VoIP”) technology, which it is currently seeking to monetize.
Any projection of future financial results is a “forward-looking statement” within the meaning of securities laws. Such statements are included to provide potential investors with an opportunity to understand management’s beliefs and opinions regarding the future so that they may use such beliefs and opinions as one of many factors in evaluating an investment. While the Company believes that legal action is necessary to monetize its patents under the circumstances, patent litigation presents various risks and uncertainties that could affect its ability to monetize the patents. We recognize that it is impossible to predict the specific outcome of a legal dispute.

Company website: www.voip-pal.com
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IR Contact: Rich Inza (954) 495-4600