Voip-Pal.com, Inc. Discusses the Global Potential of its RBR Parent Patent


BELLEVUE, Wash., Dec. 14, 2017 (GLOBE NEWSWIRE) -- Voip-Pal.com Inc. (“Voip-Pal”, “Company”) (OTCQB:VPLM) provided commentary on the global potential of its Routing, Billing & Rating (RBR) parent patent, following the recent Notice of Allowance from the European Patent Office.

Voip-Pal believes their patent portfolio is fundamental to telecommunications providers. Owning or licensing Voip-Pal’s patents would provide protection to telecommunications and internet service providers and allow them to maintain and grow their subscriber bases while operating in a fully licensed, and compliant manner. The number of mobile phone users worldwide in 2017 is estimated to be 4.77 billion and expected to eclipse the 5 billion mark by 2019. At present, the Company’s patents cover a significant percentage of the industrialized world’s mobile phone usage.

Voip-Pal has received allowance, intention to grant/issuances of our RBR parent patent in the 28 European Union countries, United States and India.

   
Country/Region PopulationEstimated Mobile Phone Users
   
European Union508 million472 million
United States323 million238 million
India1.324 billion731 million
Total2.155 billion1.441 billion
   

Emil Malak, CEO of Voip-Pal, stated, “As the table illustrates the numbers are the numbers and they are extremely high. Our objective is to avoid litigation, and our number one preference is to find a buyer for the Company. We are due in Federal District Court in Nevada on January 26, 2018, where we will request lifting the stay of legal proceedings.  My hope is litigation will be avoided, however; if we have to litigate we will be fully prepared.”

Mr. Malak also said, “As the largest shareholder in Voip-Pal, I would like to reiterate that after four years all of my shares remain restricted 144 shares, under a self-imposed lock up agreement. I have never removed the restriction and have no intention of doing so until we achieve monetization of our patents.  Patience is a virtue.”

About Voip-Pal.com Inc.
Voip-Pal.Com, Inc. (“Voip-Pal”) is a publicly traded corporation (OTCQB:VPLM) headquartered in Bellevue, Washington. The Company owns a portfolio of patents relating to Voice-over-Internet Protocol (“VoIP”) technology that it is currently looking to monetize.

Corporate Website:     www.voip-pal.com

IR inquiries:                IR@voip-pal.com
                                   
IR Contact: Rich Inza  (954) 495-4600