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Inventergy announces signing of Letter of Intent with Approach Me.

M2 EQUITYBITES-February 14, 2017-Inventergy announces signing of Letter of Intent with Approach Me


Inventergy Global Inc (Nasdaq:INVT), an intellectual property monetisation company, announced on Monday that Inventergy Innovations, LLC, its subsidiary that focuses on technology licensing, has entered into a letter of intent with Approach Me Inc, a company that develops innovative location-based mobile applications.

As part of this engagement, Inventergy Innovations will obtain commercialisation rights to Approach Me's technology.

According to Inventergy, Approach Me's technology adds new dimensionality and security to enable mobile app users' enhanced location-based capabilities in solving the deficiencies of conventional map-based navigation systems.

Also, the company anticipates the definitive agreement for the partnership to be completed in the coming weeks which will make this the seventh partnership agreement by its Inventergy Innovations subsidiary.

Inventergy Global is dedicated to identifying, acquiring and licensing patented technologies of market-significant technology leaders.

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Publication:M2 EquityBites (EQB)
Date:Feb 14, 2017
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