Exxon Mobil Corp. Purchases a License under the Ronald A. Katz Technology Licensing, L.P. Patents
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[August 07, 2008]

Exxon Mobil Corp. Purchases a License under the Ronald A. Katz Technology Licensing, L.P. Patents

LOS ANGELES --(Business Wire)-- Exxon Mobil Corp., based in Irving, Texas, has purchased a license under the patent portfolio held by Ronald A. Katz Technology Licensing, L.P. and licensed through its affiliate, A2D, L.P.

The nonexclusive license covers services offered by Exxon Mobil Corp. in the "Financial Services Call Processing"; "Energy and Utilities"; and, "Product/Service Support" Fields of Use, including customer service delivered through automated systems and live agents. Other terms of the license were not disclosed.



The patents held by Ronald A. Katz Technology Licensing, L.P. cover a wide range of interactive technology including automated forms of: customer service, prescription refill services, securities trading, merchandising, prepaid services, telephone conferences, registration, home shopping, as well as functions involved in securing information from databases by telephone, interactive cable transactions, and various other uses of toll free and local numbers.

Ronald A. Katz stated, "We welcome Exxon Mobil Corp. to the diverse group of leading companies including Colonial Bank and TD Banknorth, Inc. who have purchased license rights under this portfolio."



There are over 250 companies with license rights under this portfolio. Companies with license rights under this portfolio include: Advanta Corp., Alltel Corporation, American Century, American Express, Amtrak, AT&T Inc., Avis Budget Group, Inc., Avon Products, Inc., Bank of America Corporation, Capital One Services Inc., Chevron U.S.A. Inc., Comerica Inc., Continental Airlines, Dell Inc., Delta Air Lines, Inc., Discover Financial Services, Edward D. Jones & Co., Experian, Express Scripts, First Data Corporation, FirstMerit Corporation, The Gallup Organization, Hewlett-Packard Company, Hilton Hotels Corporation, Household International, Inc., HSBC Bank USA, ING North America Insurance Corp., International Business Machines (IBM), Kaiser Permanente Insurance Co., KeyCorp, Kohl's Corporation, Massachusetts Mutual Life Insurance Company, MCI Inc., Mellon Financial Corporation, Merck & Co., Merrill Lynch & Co., Inc., Metris Companies Inc., Microsoft, Morgan Stanley, New York Life Insurance Company, OppenheimerFunds, Inc., Premier Global Services, Inc., Principal Financial Group, Inc., Prudential Financial, Inc., Qwest Communications International Inc., QVC, Inc., Regions Financial Corporation, Safeway Inc., Sears, Roebuck and Co., ShopKo Stores, s Sprint Corporation, Sunoco, Inc., SUPERVALU INC., T. Rowe Price Associates, Inc., T-Mobile USA, United Air Lines, Inc., Verizon California Inc., Wachovia Corporation, Walgreen Co., Wal-Mart Stores, Inc, Webster Financial Corporation, WellPoint, Inc., Wells Fargo & Company, West Corporation and Zions Bancorporation.

Mr. Katz is the named inventor on a large number of patents primarily in the fields of telecommunications and computing. He also formed Telecredit, Inc., the nation's first on-line real time credit and check cashing authorization system, and was awarded a patent as co-inventor of that technology.

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