SOURCE: Augme Technologies, Inc.

Augme Technologies, Inc.

January 11, 2011 10:31 ET

Augme Technologies, Inc. Appoints Top Intellectual Property Expert to Board of Directors

Don Stout of Antonelli, Terry, Stout & Kraus, LLP Brings Patent Litigation Expertise to Company's Efforts to Maximize Value of Intellectual Property Portfolio

NEW YORK, NY--(Marketwire - January 11, 2011) - Augme Technologies, Inc. (OTCBB: AUGT), the only patented and innovative end-to-end mobile marketing platform, today announced that it has appointed Don Stout to the Company's Board of Directors. Mr. Stout, a senior partner at the law firm of Antonelli, Terry, Stout & Kraus, LLP of Arlington, Virginia, was engaged by the Company in July 2010 as a special advisor to enforce its intellectual property ("IP") rights.

Don Stout stated, "I am excited to become a member of the Board of Directors of Augme Technologies and be a part of the growing momentum that Paul Arena and his team have built for the Company."

"Since joining our legal team as a special advisor last year, Don Stout has provided valued advice in support of Augme's efforts to protect and enforce its IP rights and assets, and I am pleased to welcome him to our Board of Directors," commented Paul Arena, Chief Executive Officer of Augme Technologies, Inc. "To date, we have spent over $10 million to develop and protect our leading core and differentiating advanced technology in the mobile and Internet advertising and marketing space. Augme has been awarded four patents by the United States Patent & Trademark Office, and additional patents are pending. Augme also owns four trademarks protecting the names of its products and identity in the marketplace."

"Mr. Stout's counsel bolsters our ability to protect and enforce the Company's intellectual property rights, which we believe have been violated by a number of companies in the mobile and Internet advertising and marketing industries. Infringements of our patents and trademarks have, we believe, negatively impacted our sales and created confusion among customers and potential customers, while depriving Augme of significant licensing revenue. Don Stout has led a number of patent cases to victory and is notable as the co-founder of NTP Holdings, which won a $612 million case against Research In Motion, Ltd. ('RIM Blackberry') a few years ago."

Donald E. Stout

Don Stout is a member of the bars of the District of Columbia and Virginia, and he is admitted to practice before the Supreme Court of the United States, the Court of Appeals for the Federal Circuit, the Fifth Circuit of Appeals, and the U.S. Patent and Trademark Office ("USPTO"). He earned his J.D. degree (with honors) from George Washington University in 1972.

Mr. Stout was employed by the USPTO from 1968 to 1972 as an assistant examiner involved with patent applications covering radio and television technologies. He interpreted complex technical disclosures in patents and publications involving communications technology and theory, along with principles of electrical engineering, as part of his responsibilities with the USPTO. In 1972, Mr. Stout worked as a law clerk for two former board members of the USPTO Board of Appeals, where he assisted in deciding issues of patentability for applicants who appealed previous decisions.

From 1972 to the present, Mr. Stout's legal practice has involved all facets of intellectual property, including litigation, the provision of expert witness opinions, and the licensing and representation of clients before the USPTO in diverse technological areas, including telecommunications. He has testified as an expert witness regarding obtaining and prosecuting patents. Mr. Stout has written and prosecuted hundreds of patent applications in diverse technologies and has also rendered opinions on patent infringement and/or validity.

Mr. Stout has been a senior partner at the law firm of Antonelli, Terry, Stout and Kraus, LLP since 1982. He also co-founded NTP Holdings, Inc. ("NTP") with Thomas J. Campana, Jr. 

Augme Technologies Patent Portfolio

The Augme Technologies patent portfolio covers a breakthrough two-code module system that enables the following functions, among others, within webpages delivered to Internet-connected devices:

Mobile device and browser detection
 Mobile device specific content rendering
 Customized content delivery
 Geographic targeted content delivery
 Behavioral targeted content delivery
 Customized advertising delivery
 Targeted video delivery
 Consumer centric e-commerce environments

"Augme has already brought action against two primary competitors in the behavioral targeted advertising field -- Tacoda (purchased by AOL in 2007), and Yahoo, which purchased Blue Lithium in 2007," continued Arena. "Following a wave of acquisitions in the Internet and interactive mobile advertising space over the past three years totaling nearly $15 billion in value, Augme remains one of the few independent companies in this business. The Company intends to vigorously defend its intellectual property rights in both the Internet and interactive mobile advertising fields." 

About Augme Technologies, Inc.

Augme Technologies, Inc. (OTCBB: AUGT) is the technology and services leader in interactive media marketing platforms that enable marketers and agencies to seamlessly integrate brands, promotions, video and other digital content through the power of the Internet and mobile communications. Augme's intuitive new media marketing platforms allow companies to quickly create, deploy and measure rich-media, interactive marketing campaigns across all networks and devices. Campaigns built on Augme marketing platforms strengthen customer loyalty by delivering personalized brand experiences to customers where they work, play and live. By leveraging the power of its AD LIFE™ mobile marketing solution with complementary services such as video content delivery (BOOMBOX®) and ad network provisioning (AD SERVE™), Augme connects brands and content to consumers in a network of mobile and multimedia experiences that enables companies and their marketing agencies to build sales and monetize brand interactions. Augme is headquartered in New York City. For more information, visit www.augme.com.

Augme Technologies, Inc.™, Augme™, AD LIFE™, BOOMBOX®, AD SERVE™ and the Augme logo are trademarks of Augme Technologies, Inc. All rights reserved.

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our Form 10-K and other reports filed with the SEC. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Contact:
    For Augme Technologies, Inc.
    Investor Relations Contact:
    RJ Falkner & Company, Inc.
    Investor Relations Counsel
    (830) 693-4400
    info@rjfalkner.com or ir@augme.com

    Public Relations Contact:
    Rachel Carr, SVP
    DKC Public Relations
    (212) 981-5253
    rachel_carr@dkcnews.com