CAMPBELL, CA -- (Marketwired) -- 11/02/15 -- Inventergy Global, Inc. (NASDAQ: INVT) ("Inventergy" or "Company"), an intellectual property company, today announced that it entered into a settlement agreement with Genband US LLC, resolving the patent infringement litigation brought by Inventergy in the Eastern District of Texas involving five U.S. patents from Inventergy's IMS and VoIP technology portfolio. Under the terms of the settlement agreement, Genband will pay an undisclosed fee to Inventergy. Further, terms and conditions of the settlement agreement remain confidential.
Inventergy's CEO Joe Beyers said, "We are pleased to have successfully concluded our third agreement in 2015. We continue to focus on achieving new revenue opportunities and generating shareholder value."
About Inventergy Global, Inc.
Inventergy Global, Inc. is a Silicon Valley-based intellectual property company dedicated to identifying, acquiring and licensing the patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, the Company leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies in leveraging the value of their innovations to achieve greater returns. For more information about Inventergy, visit www.inventergy.com.
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Source: Inventergy Global, Inc.