Item 8.01 Other Events.
On January 8, 2020, Network-1 Technologies, Inc. (the "Company") announced that
the U.S. Patent and Trademark Office issued U.S. Patent No. 10,530,575 (Systems
and Methods for "Machine-to-Machine" (M2M) Communications Between Modules,
Servers, and an Application using Public Key Infrastructure (PKI)) and U.S.
Patent No. 10,523,432 (Power Management and Security for Wireless Modules in
"Machine-to-Machine" Communications). The claims in the newly issued patents are
generally directed towards methods of communication between Machine-to-Machine
modules and servers. The newly issued patents arise from a patent application
contained in the M2M/IoT Patent Portfolio acquired by the Company in December
2017. With this latest issuance, the M2M/IoT Patent Portfolio now includes
twenty-six (26) issued U.S. patents and six (6) pending U.S. patent
applications, plus seven (7) additional pending non-U.S. patent applications. A
copy of the press release is attached hereto as Exhibit 99.1.
Additionally, on January 8, 2020, the Company announced that the U.S. Patent and
Trademark Office issued U.S. Patent No. 10,521,470 ("Methods For Using Extracted
Features To Perform An Action Associated With Selected Identified Image") and
U.S. Patent No. 10,521,471 ("Methods For Using Extracted Features To Perform An
Action Associated With Selected Identified Image"). The claims of the newly
issued patents are generally directed towards methods of content extraction and
identification, including performance of actions following therefrom. The newly
issued patents arise from a patent application contained in the Cox Patent
Portfolio acquired by the Company from Professor Ingemar Cox in 2013. Since the
acquisition of the Cox Patent Portfolio, the Company has filed thirty-four (34)
additional patent applications, thirty (30) of which have been issued bringing
the total Cox Patent Portfolio of granted patents to thirty-five (35). A copy of
the press release is attached hereto as Exhibit 99.2.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release dated January 7, 2020
99.2 Press Release dated January 8, 2020
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