NEW YORK, NY (March 29, 2016) – Endeavor IP, Inc. (OTC:BB: ENIP) (“Endeavor” or the “Company”), an intellectual property services and patent licensing company, announced today that its wholly-owned subsidiary Endeavor MeshTech, Inc. (“MeshTech”) has filed a patent infringement lawsuit.
MeshTech filed a patent infringement lawsuit against Ericsson, Inc., BelAir Networks, Inc., and BelAir Networks, Corp. (“Defendants”) in the United States District Court for the Southern District of New York.
The lawsuit alleges that Defendants have infringed and continue to infringe the claims of U.S. Patent Nos. 7,379,981, 8,700,749, and 8,855,019.
“The filing of the patent infringement lawsuit against Defendants shows that we continue to pursue the monetization of our patents,” stated Franciscus Diaba, Endeavor’s Chief Executive Officer and General Counsel.
About Endeavor IP, Inc.
Endeavor IP, Inc. is an intellectual property services and patent licensing company that is engaged in the acquisition and licensing of intellectual property. Endeavor is based in New York, NY.
Forward Looking Statements
Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” estimate,” “continue,” “predict,” “demonstrate,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the Securities and Exchange Commission, not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
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