3 Sep 2007 07:00
Messaging International Plc03 September 2007 Messaging International Plc / Market: AIM / Epic: MES / Sector: Technology 3 September 2007 Messaging International Plc ('the Company') Sale of Rights to Intellectual Property for $700,000 Messaging International Plc, the AIM traded provider of innovative messagingservices, has sold the rights to intellectual property it developed and forwhich a patent was granted in 2006 to a US based invention company for $700,000(approximately £350,000). The patent, received in 2006, is a method for identifying a message selectionmade at a mobile station, which enables users to seamlessly reply to messagesacross various messaging services. Messaging International will be able tocontinue to use the patent for its products and services through the saleagreement. Guy Levit, CEO at TeleMessage said, "This transaction highlights the Company'sadvanced technological and innovative capabilities. Our in-house R&D teamcontinues to generate cutting-edge products to service the growing demands ofour clients, hungry for the latest messaging technology and keen to adopt newuser-friendly methods of communication." * * ENDS * * For further information visit www.telemessage.com or contact Guy Levit Messaging International Plc Tel: + 972 3 922 5252Isabel Crossley St Brides Media & Finance Ltd Tel: +44 (0)20 7242 447Mark Percy Seymour Pierce Ltd Tel: +44 (0)20 7107 8000 Messaging International Plc: Messaging International Plc joined AIM in August2005 with the objective of becoming a leading provider in the rapidly growingmultimedia messaging market. Its 100% owned subsidiary, TeleMessage Ltd (www.telemessage.com), provides cross-platform media messaging management systemsand applications. These are designed to enable PC, browser, mobile phone andwireline telephone users to send, receive and manage voice messages, email, SMS,IM and MMS across various media platforms. It supports multiple languages, textto speech conversion, e-mail notification, unlimited SMS length, and directreply to SMS capabilities, all illustrating the uniqueness of the service. TheCompany has a number of contracts with major blue chip companies includingRogers Wireless, the largest wireless provider in Canada and Sprint/Nextel, oneof the largest wireless providers in the US. This information is provided by RNS The company news service from the London Stock Exchange