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Cequint Acquires Key Caller ID Patent

Business Wire,  April 16, 2008  

SEATTLE -- Cequint, Inc., a leading provider of Caller ID and call screening products for wireless, announced today the purchase of U.S. Patent No. 6,353,664, a pioneering patent on the display of location information for screening incoming and outgoing calls. The patent was purchased from LSI, formerly Agere.

Originally developed by Lucent in 1997, the patent represents a significant innovation in providing location information on a device for purposes of enhancing caller identification. The patent directly complements Cequint's own patent portfolio covering methods for displaying location information as a call screening feature in mobile, and the capabilities featured in its mobile telephony product CityID[TM].

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"As a leader in wireless Caller ID technologies, Cequint continues to invest in core intellectual property that powers call screening," said Rick Hennessey, Cequint CEO. "Cequint products are simple to deploy and use, but delivering a feature like City ID actually requires substantial technical innovation. We view this patent acquisition as an opportunity to deepen our IP portfolio and solidify our base for product licensing."

Terms of the acquisition were not disclosed.

ABOUT CEQUINT, INC.

Seattle-based Cequint is a privately funded company with more than 10 years of experience and innovation in providing caller identification solutions. Cequint develops a wide range of patented Caller ID and call screening products. For more information on the company, its products or technology, please visit www.cequint.com.

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