Summary
Network-1 Commences Patent Litigation against Citadel Securities and Jump Trading
NEW YORK, NY / ACCESSWIRE / December 26, 2024 / Network-1 Technologies, Inc. (NYSE American:NTIP) announced today that its wholly-owned subsidiary, HFT Solutions Technologies, LLC ("HFT"), has initiated patent litigation against Citadel Securities, LLC ("Citadel") and Jump Trading, LLC ("Jump") in the United States District Court for the Northern District of Illinois for infringement of U.S. Patent No. 10,931,286, U.S. Patent No.
Network-1 Receives New Patent from U.S. Patent Office Expanding Its M2M/IoT Patent Portfolio to 55 Patents Worldwide
NEW CANAAN, CT / ACCESSWIRE / December 11, 2024 / Network-1 Technologies, Inc. (NYSE American:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that the U.S. Patent and Trademark Office has issued U.S. Patent No. 12,166,869, Key Derivation for a Module Using an Embedded Universal Integrated Circuit Card.
Network-1 Reports Third Quarter Results
NEW CANAAN, CT / ACCESSWIRE / October 24, 2024 / Network-1 Technologies, Inc. (NYSE American:NTIP), a company specializing in the acquisition, development, licensing, and monetization of its intellectual property assets, today announced financial results for the quarter ended September 30, 2024. Network-1 had no revenue for the three month periods ended September 30, 2024 and 2023.
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Network-1 Technologies Inc. Profile
| Specialty Retail Industry | Consumer Discretionary Sector | Corey M. Horowitz CEO | AMEX Exchange | 64121N109 CUSIP |
| US Country | 2 Employees | 19 Sep 2025 Last Dividend | - Last Split | - IPO Date |
Overview
Network-1 Technologies, Inc. is a company focused on the development, licensing, and protection of intellectual property assets. With a portfolio of 100 patents, Network-1 Technologies strategically positions itself in key areas of technological innovation including media content identification on the Internet, Internet of Things (IoT) and machine-to-machine (M2M) communication, high frequency trading (HFT), and network device powering solutions. Initially named Network-1 Security Solutions, Inc., the company underwent a rebranding in October 2013 to its current name to more accurately reflect its broadened focus. Founded in 1990 and based in New Canaan, Connecticut, Network-1 Technologies has established a significant footprint in various technological sectors through its robust patent portfolios.
Products and Services
- Cox Patent Portfolio:
This portfolio is centered around technologies crucial for identifying media content on the Internet. It provides foundational tools necessary for content management and distribution, catering to the growing demands for efficient digital media tracking and protection.
- M2M/IoT Patent Portfolio:
Focusing on the burgeoning IoT and M2M communication sectors, this portfolio encompasses technology essential for authenticating, provisioning, and utilizing embedded SIM technology. It covers a range of devices from smartphones, tablets, and computers to automobiles, enabling secure and efficient connectivity across IoT ecosystems.
- HFT Patent Portfolio:
This portfolio addresses the technological challenges in high frequency trading, including those associated with speed and latency. The patented technologies provide critical latency improvements for trading systems, optimizing the speed at which transactions can be executed in the fast-paced financial markets.
- Mirror Worlds Patent Portfolio:
These patents relate to core technologies that facilitate unified search and indexing, display, and archiving of documents in computer systems. They provide vital infrastructure for managing digital documents efficiently, enhancing the system's ability to handle large volumes of data seamlessly.
- Remote Power Patent:
Covering the delivery of power over Ethernet cables, this patent is key for remotely powering network devices, such as wireless access points, IP phones, and network-based cameras. It simplifies the installation and operation of networked devices by eliminating the need for separate power sources.
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