American International Group, Inc. Purchases a License under the Ronald A. Katz Technology Licensing, L.P. Patents.LOS ANGELES -- American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. , Inc., based in New York, New York, has purchased a license under the patent portfolio held by Ronald A. Katz Ronald A. Katz (born in 1935 or 1936 [1]) is an inventor and president of Ronald A. Katz Technology Licensing LP. His inventions are primarily in the field of automated call center technology. Technology Licensing, L.P. and licensed through its affiliate, A2D, L.P. The nonexclusive license covers services offered by American International Group, Inc. in the "Financial Services Call Processing" Field 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 American International Group, Inc. to the diverse group of leading companies including TD Banknorth Inc. and Comerica Incorporated who have purchased license rights under this portfolio." There are over 225 companies with license rights under this portfolio, including over 25 energy and utility companies. Companies with license rights under this portfolio include: Advanta Corp., Alltel Corporation, American Century, American Express, Amtrak Amtrak, the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run , Atmos Energy Corporation, AT&T Inc., Avis Budget Group, Inc., Avon Products, Inc., Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Corporation, Capital One Services Inc., Chevron U.S.A. Inc., Continental Airlines, Dell Inc., Delta Air Lines, Inc., Discover Financial Services, Edward D. Jones Edward D. Jones, Sr. (July 29, 1893-October 10,1982) was an investment banker born in St. Louis. He graduated from Bellefontaine High School in Bellefontaine, Ohio in 1913, then from New York University in 1916. After graduating from NYU, Jones was employed by N. W. & Co., Experian, Express Scripts, First Data Corporation, FirstMerit Corporation, The Gallup Organization, Hewlett-Packard Company, Hilton Hotels Corporation Hilton Hotels Corporation (NYSE: HLT) is one of the leading global hospitality companies. As of April 2007 there are 2,645 hotels and 485,000 rooms employing 105,000 people in more than 80 countries. , Household International, Inc., HSBC Bank USA, ING North America Insurance Corp., International Business Machines (IBM), Kaiser Permanente Insurance Co., KeyCorp, Kohl's Corporation, LaSalle Bank Corporation, Massachusetts Mutual Life Insurance Company MassMutual Financial Group is the fleet name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliates, with more than 13 million clients and over $455 billion in assets under management at year-end 2006. , MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. Inc., Mellon Financial Corporation, Merck & Co., Merrill Lynch & Co., Inc., Metris Companies Inc., Microsoft, Morgan Stanley, Nationwide, New York Life Insurance Company The New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world.[3] , OppenheimerFunds, Inc., Principal Financial Group, Inc., Prudential Financial, Inc., Qwest Communications International Inc., QVC, Inc., Regions Financial Corporation, Safeway Inc., Sears, Roebuck and Co., 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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