Single Touch Systems Inc. (OTCBB: SITO) announced today that the company was issued US Patent 8,015,307 for “System and Method for Streaming Media,” on September 6, 2011, another patent in the field of streaming media that further strengthens an already robust streaming media patent portfolio.
Recently, Single Touch sent “Letters of Notification” to Hulu who is jointly owned by Comcast (NASDAQ: CMCSA), News Corp (NASDAQ: NWSA) and Disney (NYSE: DIS) and to Netflix , Inc. (NASDAQ: NFLX), advising that Single Touch is the holder of issued US Streaming Media patents, which include US Patents 7,054,949; 7,191,244 and 7,689,706. The letters also noted the impending issuance of US Patent 8,015,307.
Single Touch Systems has filed and has been awarded more than 15 US patents related to Streaming Media, Advertising and Abbreviated Dialing Codes. “After years of establishing ourselves as a pioneer in mobility, and cementing our IP position, it has become increasingly important for us to take the steps necessary to protect what we have already established with the assistance of law firms such as Polsinelli Shughart and McKool Smith,” says Anthony Macaluso, Single Touch’s Chairman and Chief Innovation Officer.
According to Macaluso, the grant of US Patent 8,015,307 marks another milestone in the field of streaming media and adds an additional 30 claims above and beyond Single Touch’s existing streaming media portfolio containing over 140 issued patent claims. “We believe our streaming media patents cover audio, video and data services currently offered by a variety of recognizable companies in the United States,” says Macaluso.
Macaluso explains that, “Services offered by these companies might include anything that communicates from a device, of any type, to a set top box or to a tablet such as Apple’s (NASDAQ: AAPL) iPad family of products, Research In Motion’s (NASDAQ: RIMM) Playbook, or Samsung’s Galaxy. Additionally, the service provided could be as simple as a conference call, where users enter a code to join WebEx (NASDAQ: CSCO), for instance, and the service utilizes a user identification number or reservation.”
“In these cases, either topically or behind the scenes, a reservation or unique ID is most likely assigned to the person or persons trying to access the media. When that occurs, followed by a stream of media provided by the company, there is the possibility that our patents encompass this process,” Macaluso points out.
Macaluso underscores that, “Companies for the most part don’t randomly stream audio, video or data free of charge and without knowing who the customer is. Most often, there is some sort of tariff or anticipated tariff associated with the transmission along the way. If they follow this approach, we should probably have a conversation sooner rather than later.”
“Single Touch’s patents cover the systems and processes that deal with the management, routing and switching of streaming media applications that take in code for purposes of establishing a unique ID and validate voice, video or data. These systems and processes build a reservation for the user, determine how this data is processed, and further determine the most efficient way the information is sent to an operating system, including any mobile device,” says Macaluso.
According to Macaluso, “Single Touch’s patents play a critical role in the utility and efficient commercialization of streaming media.”
About Single Touch Systems Inc.
Single Touch Systems Inc. (SITO) is an innovative mobile solutions provider serving retailers, advertisers and brands. Through patented technologies and a modular, adaptable platform, SITO’s multi-channel messaging gateway enables marketers to reach consumers on all types of connected devices, with information that engages interest, drives transactions and strengthens relationships and loyalty.
For more information visit: www.singletouch.net
Caution Regarding Forward-Looking Statements
This news release contains forward-looking statements that involve risks and uncertainties and reflect Single Touch’s judgment as of the date of this release. These statements include those regarding strategy, growth and future operations. Actual events or results may differ from Single Touch’s expectations. The risks and uncertainties include reliance on brand owners and wireless carriers, the need for additional capital, operational and cultural changes associated with Board and senior management transitions, various risks and expenses associated with efforts to monetize patents, the fact that patent claims can be challenged, and the possibility that Hulu, Netflix and other industry participants might not respond favorably to Single Touch’s communications, as well as other risks identified in Single Touch’s most recent Form 10-K and Form 10-Q filings with the SEC. Single Touch disclaims any intent or obligation to update these forward-looking statements beyond the date of this press release, except as may be required by law.
Mark Weiss, 646-843-2111 – office
516-459-8512 – cell