Network-1 Technologies issued another U.S. patent
Network-1 Technologies announced that the U.S. Patent and Trademark Office issued U.S. Patent No. 10,108,642. The claims of the newly issued '642 patent are generally directed towards systems used for content extraction and identification, including performance of actions following therefrom. The newly issued '642 patent arises from a patent application contained in the patent portfolio acquired by Network-1 from Professor Ingemar Cox in 2013. The Cox Patent Portfolio includes patents relating to enabling technology for identifying media content, such as music and videos, and taking further actions to be performed based on such identification including, among others, the insertion of advertisements and the facilitation of the purchase of goods and services relating to the media content. Since the acquisition of the Cox Patent Portfolio, Network-1 has filed thirty-two additional patent applications, twenty-four of which have been issued bringing the total Cox Patent Portfolio of granted patents to twenty-eight. Eight applications relating to the original specification are still pending and Network-1 anticipates further issuances of additional claims for its Cox Patent Portfolio.