|
| [January 17, 2013] |
 |
Single Touch Systems Cites Patent Ownership in "Letter of Notification" to Facebook, Inc.
JERSEY CITY, N.J. --(Business Wire)--
Single Touch Systems Inc. (OTC BB: SITO), a technology based mobile
media solutions provider that enables businesses, advertisers and brands
to easily connect with customers through its patented technologies,
announced today that its wholly owned subsidiary, Single Touch
Interactive R&D IP, Inc. has issued a "Letter of Notification" to
Facebook (News - Alert), Inc. regarding Single Touch's issued patents directed to
streaming and routing media, including U.S. Patent Nos. 7,054,949,
7,191,244, 7,689,706 and 8,015,307. The letter was sent on behalf of
Single Touch by attorneys Polsinelli Shughart, P.C.
Facebook Inc's., (NASDAQ: FB) mission is to make the world more open and
connected. People use Facebook to stay connected with friends and
family, to discover what's going on in the world, and to share and
express what matters to them. 1 Facebook enables advertisers
to reach more than one billion people with ads that are relevant,
engaging and have social context. 2 In the Third Quarter of
2012 14% of Facebook's ad revenue came from mobile. 3
Single Touch Systems, Inc. and its subsidiary has a current portfolio of
18 issued and additional pending patents related to mobile search,
commerce, advertising nd streaming media. "This latest notification is
consistent with our strategy to raise awareness of our intellectual
property," noted Anthony Macaluso, Single Touch's Chairman and Chief
Innovation Officer.
1 Source (News - Alert): http://newsroom.fb.com/Key-Facts 2
Source: http://newsroom.fb.com/Advertising 3
Source: Facebook Q3 2012 Earnings Conference Call
About Single Touch Interactive (News - Alert), Inc.
Single Touch Interactive, Inc. is a technology based mobile solutions
provider serving businesses, advertisers and brands. Through patented
technologies and a modular, adaptable platform, Single Touch's
multi-channel messaging gateway enables marketers to reach consumers on
all types of connected devices, with information that engages interest,
drives transactions and strengthens relationships and loyalty. For more
information about Single Touch Interactive, Inc visit: www.singletouch.net
Forward-Looking Statements
This news release may contain forward-looking statements that involve
risks and uncertainties and reflect Single Touch's judgment as of the
date of this release. These statements may include those regarding
strategy, growth and future operations. Actual events or results may
differ from Single Touch's expectations. The risks and uncertainties
include reliance on brand owners and wireless carriers, the possible
need for additional capital, as well as other risks identified in Single
Touch's most recent Form 10-K filing with the SEC (News - Alert). Single Touch
disclaims any intent or obligation to update these forward-looking
statements beyond the date of this press release, except as may be
required by law.

[ Back To Technology News's Homepage ]
|