Business Services Industry

Edward Jones Acquires Patent Rights from DataTreasury Corporation for Electronic Check Processing

Business Wire, July 7, 2008

ST. LOUIS & PLANO, Texas -- Financial services firm Edward Jones has acquired a license to utilize six of DataTreasury's financial transaction patents on a worldwide basis. These patents relate to technologies involved in the electronic processing of checks and other financial instruments. This Agreement was reached through mutual negotiation in preparation for deployment of centralized check processing and archival capability throughout Edward Jones' branch office network.

About Edward Jones

Edward Jones provides financial services for individual investors in the United States and, through its affiliates, in Canada and the United Kingdom. Every aspect of the firm's business, from the types of investment options offered to the location of branch offices, is designed to cater to individual investors in the communities in which they live and work. The firm's 10,000-plus financial advisors work directly with more than 7 million clients to understand their personal goals - from college savings to retirement - and create long-term strategies for their investments which emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones embraces the importance of building long-term, face-to-face relationships with clients, helping them to understand and make sense of the investment options available today. Edward Jones is headquartered in St. Louis, Missouri. The firm's interactive Web site is located at www.edwardjones.com and its recruiting Web site is www.edwardjonesopportunity.com.

About DataTreasury

A privately owned company, DataTreasury was formed in 1998 and is built around a patent portfolio, which includes patents covering its Global Repository Platform, a functional and secure informational management system. For further information on DataTreasury, please visit www.datatreasury.com.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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