MELVILLE, NY--(Marketwired - April 18, 2013) - CopyTele, Inc. ("CTI") (OTCQB: COPY) today announced that it has acquired the rights to a patent portfolio covering window frames commonly used in manufactured housing, and replacement windows. The portfolio covers window frames that integrate a feature commonly known in the industry as a "J-channel" or "J-rail," resulting in easier and faster assembly and installation. Estimates are that approximately 40 million windows are sold in the U.S. each year.
Robert Berman, CTI's President and CEO stated, "Our acquisition of the rights to this patent portfolio further adds to and diversifies our patent holdings. We now have 6 diverse patent portfolios in which to focus our patent monetization efforts."
About CopyTele, Inc.
CopyTele develops and acquires patented technologies for the purposes of patent monetization and patent assertion. The company currently has 6 patent portfolios in the areas of Key Based Encryption, E-Paper® Electrophoretic Display, Nano Field Emission Display ("NFED"), Micro Electro Mechanical Systems Display ("MEMS"), Loyalty Point Conversion Systems, and Window Frame Construction. Additional information is available at www.CTIpatents.com.
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