SOURCE: Innovative Communications Technologies, Inc.

April 12, 2007 09:00 ET

Verizon Patent Infringement Ruling Does Not Affect Innovative Communications Technologies Private Network Products

SEATTLE, WA -- (MARKET WIRE) -- April 12, 2007 -- Innovative Communications Technologies, Inc. (PINKSHEETS: ICTN) stated today that the Verizon Communications patent infringement suit and ruling against Vonage Holdings Corp. does not affect the Innovative Communications Private Network suite of products.

This clarification is in response to several inquiries regarding Innovative Communications' proprietary software Voiceover Packetization Technology (VOPT) and if the recent ruling may have any negative impact on its products. Innovative Communications clarifies that VOPT call routing is not a Voiceover Internet Protocol (VoIP) solution and is not plagued by any of the issues inherent with VoIP.

"This ruling further sets apart the Innovative Communications' VOPT proprietary software, elevating it from the competition and additionally from any class of patent infringement," states Barry Henthorn, Innovative Communications' CEO. "Innovative Communications' state of the art VOPT proprietary software was developed to be superior to other voice type products on the market, including VoIP, with regard to audio quality, network dependability, ease of use and cost."

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About Innovative Communications Technologies

Innovative Communications Technologies is a communications specific technology development company and, since 1989, has been a pioneer in the development and positioning of private telecommunications networks for businesses. Innovative has a proven track record of developing communications specific technologies within the telecommunications, media and wireless industries. Innovative owns approximately 21% of ReelTime Rentals, Inc.

Safe harbor statement under the private Securities Litigation reform Act of 1995

This news release contains forward-looking statements, including statements regarding Innovative's expectations about successfully expanding its GPTN business and securing significant additional customers for its products or services. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from future results expressed or implied in such statements. These risks and uncertainties include the inability to manage expected growth, the loss of a large customer, the failure to realize the increased revenues and improved operating margins that the Company has associated with sales of GPTN, the loss of any key personnel, tightening regulation of the communications technologies and channels used in our systems, our inability to introduce new services that are accepted by the market, the loss or non-performance of our sales representatives, unfavorable results of existing and potential litigation, and the possibility that competitors could develop or acquire technology that could erode Innovative's technical advantages. The Company disclaims any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements contained in this news release.

Contact Information

  • Contact:
    Barry Henthorn
    Innovative Communications Technologies, Inc.
    (206) 812-3500