Viztone Ltd. and Adapt IP Ventures Partner to Monetize Mobile Ring Tone Patent Portfolio

Viztone Ltd. and Adapt IP Ventures Partner to Monetize Mobile Ring Tone Patent Portfolio

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Viztone Ltd. and Adapt IP Ventures Partner to Monetize Mobile Ring Tone Patent Portfolio PR Newswire MANCHESTER, England and ATLANTA, June 13, 2012 MANCHESTER, England and ATLANTA, June 13, 2012 /PRNewswire/ -- Viztone Ltd.

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Viztone Ltd. and Adapt IP Ventures Partner to
Monetize Mobile Ring Tone Patent Portfolio
PR Newswire
MANCHESTER, England and ATLANTA, June 13, 2012
MANCHESTER, England
and
ATLANTA
,
June 13, 2012
/PRNewswire/ -- Viztone
Ltd. and Adapt IP Ventures, LLC announce a partnership focused on monetizing
Viztone's patent portfolio related to mobile content delivery. The Viztone patent
portfolio enable wireless communications providers to distribute entertainment
or advertising while a call is being connected by delivering targeted messages,
images or videos. Companies interested in obtaining more information about
the Viztone patents should contact Adapt IP Ventures.
"Our application enables those 'lost moments' prior to connection to be used
effectively, this presents an advertising blank canvas for marketers and brand
owners alike," stated Colin Barnes, Director at Viztone. "We originally started
looking at this technology back in 2000 and filed our first patent applications at
that time. We have seen the market develop technically and commercially and
believe this is the right time to monetize our portfolio."
Aspects of the Viztone patent portfolio cover sending and receiving "video
ringback tones" and "video ring tones." Viztone's patents are granted in the
U.S., UK and
Australia
. In addition, there is one pending patent application in
the U.S. (filed in 2001). The Viztone patent portfolio applies equally to any
communication device including TV, notepad, PC and mobile phone.
"The market potential for this patent portfolio is significant as mobile
advertising techniques are paramount to the growth of the wireless
ecosystem," comments Grant Moss of Adapt IP Ventures. "As we identify
product offerings that demonstrate similar characteristics to the patent
portfolio, we are optimistic that we will find a partner to realize the value of this
IP."
About Viztone Ltd.
Viztone Ltd, based in
Rochdale, United Kingdom
, developed and patented
technology to send and receive video ringback tones. Viztone previously
operated under the name Host Telecom Ltd. For more information, please visit
http://www.host-telecom.co.uk/wordpress/wordpress/.
About Adapt IP Ventures, LLC
Adapt IP Ventures, based in
Atlanta, GA
, provides transaction advisory services
designed to assist innovative firms understand and extract value from their
patents. Typical engagements consist of Adapt IP Ventures developing and
executing custom strategies to sell or license patents. For more information,
please visit www.adaptipventures.com.
Contact:
Grant Moss
Adapt IP Ventures, LLC
Phone: +1-770-353-0756
Email: grant@adaptipventures.com