June 22, 2020
FOR IMMEDIATE RELEASE
Billie Jean Potter
Director of Marketing
BOSTON—Prince Lobel is pleased to announce that firm attorneys Alyssa Ruderman, and Matt Vella, on behalf of Ozmo Licensing LLC, have secured the first portfolio license for Ozmo Licensing LLC’s patents related to Wi-Fi Direct. The agreement with Siyata Mobile Inc. by Ozmo Licensing LLC occurred on June 17.
“I really appreciate the counsel provided by the Prince Lobel team. They helped us with one-stop advice on funding, licensing, and enforcement for our portfolio license with Siyata Mobile,” noted Chris Dubuc, CEO of Ozmo Licensing. “It was a great effort and a great outcome.”
Prince Lobel represents Ozmo Licensing LLC in connection with its patent portfolio in the field of peer-to-peer wireless communications and covering key technologies of the Wi-Fi Direct Standard. The Wi-Fi Direct Standard and related implementations allow for lower power dissipation, decreased interference, and increased range to simplify tasks such as printing, sharing, syncing, and displaying content between devices, without the need for an access point or internet connection. Currently, all patents in the portfolio are being offered to prospective licensees at Fair, Reasonable, and Non-Discriminatory (FRAND) rates.
PLT Attorney Vella adds, “We appreciate working with visionary entrepreneurs like Chris who can spot valuable patents. Such entrepreneurs are the lifeblood of the secondary patent market.”
Prince Lobel Tye LLP was founded in 1988, and is one of Boston’s premier law firms. The firm’s Intellectual Property practice group consists of attorneys who are nationally recognized leaders in this area for decades. They are drawn from the nation’s largest law firms and companies and bring an experienced and business-oriented perspective in solving intellectual property issues. The practice helps companies build their intellectual property portfolio and enforces or defends that property in district and appellate courts throughout the country. Firm clients range from inventors and entrepreneurs to large corporations and span a variety of fields including high technology, life sciences, traditional and online media, and insurance. Please visit www.princelobel.com for more information.
Ozmo Licensing owns and licenses patents related to Wi-Fi Direct, including patents covering seminal Wireless Personal Area Network (WPAN) technology that led to the Wi-Fi Direct standard. Please visit www.ozmolicensing.com for more information.
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