April 10, 2006
Laguna Niguel, Calif
Bitfone Corporation (www.bitfone.com), the pioneer and patent holder of firmware over-the-air (FOTA) update technology for mobile phones, today announced that Insignia Solutions (NASDAQ: INSG) has signed an agreement to license intellectual property rights to Bitfone's FOTA technology.
Founded in 2000, Bitfone Corporation has an extensive intellectual property portfolio consisting of six granted patents and more than 125 patents pending in the area of firmware over-the-air updates, remote diagnostics, and other related device management areas.
"In reviewing Bitfone's patent portfolio it became clear that a license to their intellectual property was a very prudent business solution for Insignia," said Mark McMillan, chief executive officer of Insignia Solutions. "Bitfone has executed on an impressive intellectual property strategy to protect its technology and market position."
"We pioneered the FOTA market and have invested significant time and money over the past six years developing our core portfolio and integrating it into our products and solutions." said Carlton Peyton, vice president of intellectual property at Bitfone. "This agreement validates the strength of our comprehensive patent portfolio and the breadth of our relationships with leading companies in this space. We look forward to working with Insignia and have already worked with them at organizations such as the Over-the-Air Flash Forum and Open Mobile Alliance."
Bitfone has instituted an extensive licensing program for its intellectual property to foster the widespread adoption of FOTA and leading-edge device management technologies. For more information please contact firstname.lastname@example.org.
Insignia enables mobile operators and terminal manufacturers to manage a growing, complex and diverse community of mobile devices. Insignia's products and services radically reduce customer care and recall costs, maintain device integrity, and enable a wide range of new mobile services. Insignia Device Management Suite is a complete standard-based mobile device management offering, which includes client provisioning technologies supported by most of the mobile devices in the past, OMA-DM based technology used by current mobile devices and future OMA-DM based technologies. Founded in 1986, Insignia has a long history of innovation, stewardship of major industry standards, and the trust of dozens of manufacturers around the world. Insignia Solutions is traded on NASDAQ under the symbol INSG. Insignia is headquartered in Fremont, California, with research and development and European operations based in the United Kingdom and Sweden as well as regional offices in Hong Kong and Seoul. For additional information about Insignia or its products, please visit www.insignia.com.
Bitfone Corporation provides innovative software solutions for mobile device management. Bitfone's mProve is the wireless industry's leading technology that updates a mobile phone's core embedded software over the air, in a secure and fault-tolerant manner. mProve delivers significant cost savings in the areas of customer service and warranty, provides insurance against software-related device recalls, and accelerates adoption of wireless services. Bitfone is a global company headquartered in Laguna Niguel, California, with offices in China, Finland, Japan and Korea. Bitfone's investors include Nokia Venture Partners, Prism Venture Partners, St. Paul Venture Capital, 3i, Nexit Ventures, Motorola, Inc., Orange Ventures, KTB Ventures, CIR Ventures and Flextronics. For more information, please visit www.bitfone.com.