Securus Challenges Global Tel Link (GTL) to Patent Portfolio Bake Off
Securus Doubles Down, Follows Up With Patent Bake Off On Top Of Technology Bake Off
Securus Promotes A Patent Portfolio Challenge With Independent Judge That Will Determine Who Has The Most Valuable Portfolio Of United States Patents
DALLAS, June 14, 2016 /PRNewswire/ -- Securus Technologies, a leading provider of civil and criminal justice technology solutions for public safety, investigation, corrections and monitoring announced today that it has offered a challenge to its main competitor GTL to have an independent technology judge determine who has the expertise to examine both of our respective patent portfolios and determine who has the largest and most valuable United States patent portfolio.
"GTL has used litigation to try to say that their patents are comparable to ours," said Richard A. ("Rick") Smith, Chief Executive Officer at Securus Technologies. "So – I want an independent judge to evaluate both patent portfolios – it isn't a fair comparison to GTL because of the respective size of our patent portfolios and what we have invested here at Securus in the last three (3) years. We have invested over $670 million back in our business including the acquisition of companies, technologies, and product development along with a state of the art Technology Center and US customer service center, and GTL has invested less than 10% of what we have. We put our money where our mouth is for sure."
"The independent technology examiner that we and GTL would employ, would use facts to the greatest extent possible, and would examine the economic value of each company's portfolio," said Smith. "The following components of economic value should be considered:
- Patents Issued
- Patents Pending
- In Force Patents
- License Dollars Collected
- Years Filing Patents
- Total Inventors on Patents
- Future Patents Expected to Be Filed
- License Agreements (Number) with Competitors
- Value of Claims Within Patents
- IT Development Process That Generates Patents
- Number of Patentable Products."
"So my offer to Global Tel Link is straight-forward – take the patent portfolio challenge bake off? It's almost a rhetorical question – if I was them – I would decline because they understand they would lose. They are scared to death of comparing the quantity, quality, and value generated on our respective patent portfolios," Smith stressed.
ABOUT SECURUS TECHNOLOGIES
Headquartered in Dallas, Texas, and serving more than 3,450 public safety, law enforcement and corrections agencies and over 1,200,000 inmates across North America, Securus Technologies is committed to serve and connect by providing emergency response, incident management, public information, investigation, biometric analysis, communication, information management, inmate self-service, and monitoring products and services in order to make our world a safer place to live. Securus Technologies focuses on connecting what matters®. To learn more about our full suite of civil and criminal justice technology solutions, please visit SecurusTechnologies.com.
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SOURCE Securus Technologies, Inc.
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