C2 Global Technologies Inc.
OTC Bulletin Board : COBT

C2 Global Technologies Inc.

June 16, 2008 08:00 ET

C2 Communications Technologies Inc. Receives Favorable Claim Construction Ruling in Patent Litigation

MARSHALL, TEXAS--(Marketwire - June 16, 2008) - C2 Communications Technologies Inc. ("C2"), a wholly owned subsidiary of C2 Global Technologies Inc. (OTCBB:COBT), is pleased to announce that a United States federal court issued a claim construction ("Markman") ruling on June 13, 2008 in the pending patent litigation between C2 and defendants Qwest, Global Crossing, and Level 3 Communications.

Magistrate Judge Charles Everingham of the United States District Court for the Eastern District of Texas, Marshall Division, rejected the claim constructions of the defendants on each of the nine disputed claim terms. The Court construed six of the disputed claim terms in the manner originally proposed by C2, and on three of the claim terms adopted a construction that had not been proposed by either side.

"We are pleased with the Court's claim constructions in every respect," said Allan Silber, Chairman and CEO of C2 Global Technologies Inc.

In June 2006, C2 filed a patent infringement lawsuit against AT&T, Inc., Verizon Communications, Inc., Qwest Communications International, Inc., Bellsouth Corporation, Sprint Nextel Corporation, Global Crossing Limited, and Level 3 Communications, Inc. The complaint was filed in the Marshall Division of the United States District Court for the Eastern District of Texas and alleges that the defendants' services and systems utilizing Voice over Internet Protocol ("VoIP") infringe C2's U.S. Patent No. 6,243,373 entitled "Method and Apparatus for Implementing a Computer Network/Internet Telephone System". The complaint seeks an injunction, monetary damages and costs. The complaints against AT&T, Verizon and Sprint have been settled by entering into Settlement and License Agreements and the complaint against Bellsouth was dismissed without prejudice. The case is scheduled for trial beginning September 2, 2008.

C2 Global Technologies Inc. is a subsidiary of Counsel Corporation (TSX:CXS).

About C2 Global Technologies Inc.

C2's business is focused on licensing its patents, which include two foundational patents in Voice over Internet Protocol ("VoIP") technology. C2 plans to realize value from its intellectual property by offering licenses to service providers, equipment companies and end-users that are deploying VoIP networks for phone-to-phone communications. C2 also invests in Internet-based e-commerce businesses. For further information, please visit C2's website at www.c-2technologies.com.

Forward-Looking Statements

This release contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, as amended, that are based on management's exercise of business judgment as well as assumptions made by, and information currently available to, management. When used in this document, the words "may", "will", "anticipate", "believe", "estimate", "expect", "intend", and words of similar import, are intended to identify any forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements reflect our current view of future events and are subject to certain risks and uncertainties as noted in our securities and other regulatory filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results could differ materially from those anticipated in these forward-looking statements. We undertake no obligation, and do not intend, to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.

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