VoIP-Pal.com Inc. is engaged in the development and licensing of Voice over Internet Protocol related intellectual property, the provision of a proprietary transactional billing platform for loyalty points and air miles, and the offering of antivirus applications for smartphones. Since March 2004 the company has pursued a development stage aimed at becoming a VoIP reseller, a provider of the billing platform, and a provider of smartphone security software. In 2013…
VoIP-Pal.com Inc. is engaged in the development and licensing of Voice over Internet Protocol related intellectual property, the provision of a proprietary transactional billing platform for loyalty points and air miles, and the offering of antivirus applications for smartphones. Since March 2004 the company has pursued a development stage aimed at becoming a VoIP reseller, a provider of the billing platform, and a provider of smartphone security software. In 2013 VoIP-Pal.com Inc. acquired Digifonica International Limited to obtain its patent suite and to co-develop further VoIP innovations. The company’s activities focus on creating solutions that enable Voice over Internet Protocol services to work seamlessly with legacy telephone networks.
VoIP-Pal.com Inc. generates revenue primarily through licensing its portfolio of Voice over Internet Protocol patents, from fees associated with its transactional billing platform that serves loyalty points and air mile programs, and from sales of its antivirus smartphone software. Although the company reported no revenue in the most recent periods, these activities constitute its core business model and are intended to produce future cash inflows. The company’s patent portfolio is expected to be monetized through licensing agreements with telecommunications carriers and technology firms, while the billing platform targets loyalty program operators and the antivirus product aims at mobile device users.
VoIP-Pal.com Inc. holds a worldwide portfolio of 27 issued and pending patents directed at the broadband Voice over Internet Protocol market, which it claims enables seamless integration of Voice over Internet Protocol services with the public switched telephone network and enhances the performance and value of Voice over Internet Protocol implementations worldwide. The company actively enforces these rights through litigation against major telecommunications and technology firms such as Amazon.com Inc., Verizon Communications Inc., T-Mobile US Inc. and Huawei Technologies Co., Ltd., asserting that these parties infringe its patented technology. This litigation strategy underscores the company’s position as an intellectual property enforcer in a competitive landscape dominated by large equipment vendors and service providers. The patented inventions provide a competitive advantage by allowing Voice over Internet Protocol calls to connect with traditional phone numbers without requiring end users to change their dialing habits.
VoIP-Pal.com Inc. seeks to license its technology to telecommunications carriers, Voice over Internet Protocol service providers, and enterprises that require interoperability between internet based voice services and traditional phone systems. While the filing does not disclose specific licensee names, the company’s customer base consists of these types of organizations that are potential users of its patented solutions. The firm’s efforts to monetize its intellectual property are directed toward entities that wish to offer Voice over Internet Protocol services while maintaining compatibility with existing telephone infrastructure. By targeting these market segments, VoIP-Pal.com Inc. aims to establish licensing relationships that generate recurring royalty streams.