SOURCE: AppTech Corp

AppTech Corp

October 31, 2013 16:02 ET

AppTech Corp. Announces Award of USPTO Mobile Patent

CARLSBAD, CA--(Marketwired - Oct 31, 2013) - AppTech Corp. (OTC: APCX) is pleased to announce the United States Patent & Trademark Office has issued and assigned U.S. Patent No. 8,572,166 "System and Method for Delivering Web Content to a Mobile Device" on October 29, 2013. The patent supplements USPTO 8,073,895 "System and Method for Delivering Web Content to a Mobile Device" which was previously issued on December 6, 2011.

Filed on June 1, 2004, U.S. Patent 8,073,895 was awarded on December 6, 2011, for "System and Method for Delivering Web Content to a Mobile Device," which allows the delivery of any web-based electronic content -- such as pictures, video clips, apps, music, documents, files and other rich media -- to any cellular mobile device via hyperlink in a text message. This technology is now commonly known in the mobile industry as WAP Push which is the standard for all mobile media and content delivery to cell phones. WAP Push is defined as Wireless Access Protocol and occurs when a hyperlink is sent from a web server to any cell phone via text message for the purpose of receiving pictures, video, content and applications.

Transcendent One, Inc., a wholly-owned subsidiary of AppTech, previously agreed to terms to acquire the intellectual property portfolio of Globaltel Media, Inc., which includes several fundamental mobile technology patents specific to mobile media, two-way SMS chat, and mobile payments.

About AppTech Corp.

AppTech Corp is an information technology and financial services company. With electronic payments at its core, the company offers an array of service lines to both business and consumer markets through its branded subsidiaries, Transcendent One and TransTech One.

Transcendent One is a business service provider of electronic transaction processing technologies and associated merchant services. TransTech One offers commercial and residential IT services through its regional TransTech One Retail Service Center expansion. The company prides itself as the only information technology services company that offers merchant services and vice versa.

AppTech Corp has also developed a proprietary mobile technology strategy to succeed in the ever-growing mobile payments industry. Through its subsequent joint ventures and acquisitions, the company will complement its current product channels and continue its growth as a technology and finance leader.

Forward Looking Statements

The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

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