October 24, 2008

Verizon and Klausner Technologies Settle Patent Litigation

US wireless service provider Verizon Communications (VZ:NYSE) has entered into a patent license agreement with Klausner Technologies, Inc. for its Verizon Wireless's Visual Voicemail service and the parties have settled their outstanding patent litigation.

The Visual Voicemail patent license also covers the new Motorola (MOT:NYSE) "Krave" cell phone unveiled on the Verizon network and which includes the Visual Voicemail feature.

Verizon is the 15th company to date to license the Klausner Visual Voicemail patents. Current licensees include major US wireless service providers, handset manufacturers and cable operators.

Verizon was a defendant in the pending patent infringement lawsuit brought by Klausner in the Eastern District of Texas. Remaining defendants in the pending litigation include Google (GOOG:NASDAQ), LG Electronics, Comverse (CMVT:NASDAQ), Citrix (CTXS:NASDAQ), Cox Communications and Embarq (EQ:NYSE). Klausner is represented in the litigation by the law firm of Dovel & Luner.

"We are pleased announce Verizon as our 15th Visual Voicemail licensee. The license covers Verizon's Visual Voicemail service and Motorola's new Visual Voicemail Krave cell phone. Our patented technology, lets consumers view, prioritize and select voice messages from their mobile phones," said Judah Klausner, CEO of Klausner Technologies.

About Klausner Technologies, Inc.:

Klausner Technologies was founded by Judah Klausner, inventor of the PDA and electronic organizer. It owns 25 patents, worldwide, covering the basic Visual Voicemail feature in which subscribers selectively listen to their messages via their cell phones or computers. www.klausnertechnologies.com

Visual Voicemail Licensing Information: [email protected]