Worldlink Group: GoIP Global (GOIG) LOI with Worldlink relates to US Patent #7,194,468 -Apparatus and A Method For Supplying Information

ID: 1019770
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Worldlink Group: GoIP Global (GOIG) LOI with Worldlink relates to US Patent #7,194,468 -Apparatus and A Method For Supplying Information

New York, NY--(Marketwire - 10/21/10) - GoIP Global, Inc. (GOIG.pk and 3GG1.F – News) today provided information on the Patent Asset owned by Worldlink UK which US rights have been assigned to Worldlink’s US subsidiary. The UK patent was granted on 13 November 2001 (patent number GB2358768B). Subject to payment of all appropriate renewal fees, this patent will remain in force until 26 May 2020. In addition to the UK patent, there is a European patent (application number 00950122.2) pending that was published on 13 April 2000 to cover 19 countries. In the US, patent number 7,194,468 was filed 13 April 2000 and granted on 20 March 2007.

Briefly the patent relates to the supply of real time information to subscribers via a mobile telecommunications network and in particular, the sending of an initial set of data to a subscriber and to subsequently sending only changes to the original data set as and when a change occurs. This allows a fast update of the desired information despite the narrow bandwidth of the mobile telecommunications network such as the GSM standard.

There are 5 key elements of the patented process which can be very briefly summarized as below:

The process is over a mobile telecommunications network.
The user creates their own “account” or “profile”.
All profile data is sent when the user firsts connects.
Only the changing data is sent thereafter.
The data is sent automatically.

The central features of the patent are that it relates to the mobile telecommunications network and that receipt of change data is automatic. The data can be received by any mobile telecommunications device such as Phone, Blackberry or iPhone. Potential markets of the patent are wide reaching, in particular for use within the financial services market whereby a subscriber can set up their own portfolio of shares for example, and receive automatic updates for any movement in the share price of those companies established within the original profile. Other potential markets include sport, and the company has had a particular focus on the horseracing sector, sports data, internet TV and so on.



The ongoing technological development of mobile broadband is significantly opening the opportunities to exploit the patented technology. The patent has been confirmed as effective across some 20 different mobile technologies including 3G, 4G etc.

Neil Riches, CEO of Worldlink, UK commented, “It has been suggested to us that the patent is worth hundreds of millions of dollars and it’s not difficult to see why that is the case. In the last ten years generally and especially in the last two years, the market for changing mobile data has exploded as mobile bandwidth has increased, cost of data transfer has fallen and of course as smart phones have become increasingly the norm. The new rush to tablet devices like the iPad gives another jolt of energy to an already vibrant market. The patented methodology remains the most effective and efficient process for transmitting changing data in real time.”

Ike Sutton, CEO of GOIP, commented, “ We could see the exceptional value in the Worldlink technology as soon as we read the patent and certainly believe that its value is substantial, in the order of hundreds of millions of dollars as Neil is suggesting. The technology is so fundamental to this major market we can only see the value increasing with time as the market grows. It’s great news for GOIG to be part of this developing story”

About GoIP Global, Inc. and GO800, LLC

GoIP Global offers a range of services, solutions and tools for brands, agencies, content providers, online portals, entertainment and media companies. GoIP Global offers brand and content customers great flexibility in creating mobile marketing campaigns and applications. Through its subsidiary GO800, LLC, GO800™, a new patent pending text messaging service, which launched in 2010, enables advertisers to incorporate a text prompt in their advertisements, prompting consumers to contact them through a text message rather than calling a 1-800 toll free number. For More Information visit www.goipglobal.com , www.go800corp.com or www.facebook.com/go800. The GO800 video can be viewed and shared on iPhone, Blackberry, or Android from this URL: http://go800.delivr.com/1194v. To hear GoIP's weekly recorded update TEXT GOIG to 46800.

About Worldlink Group Plc.

Worldlink, listed on Frankfurt, is one of the fastest growing providers of real-time data products and services to mobiles and desktops. Worldlink, founded by Neil Riches, owns a patent protected technology platform for the transfer of real time financial and other data to mobile devices. The patent is protected in both the UK, US and is pending in Europe. The patented technology allows the development of mobile applications that provide data and information which can be delivered, displayed and updated instantly. The technology allows access to the markets, share prices and latest news, where and whenever it is needed. The patented process and method allows changing data to be sent efficiently across mobile telecommunications networks as only the changed data is transmitted. Initially developed to deliver financial information to a mobile device, the technique is applicable to any changing data such as travel or sports information. Worldlink's unique patented methodology applies to all mobile devices, all mobile operating systems and all mobile telecommunications networks. A key strength of the patent is that the commercial value increases as future technologies become available. For more information visit the company’s web site www.worldlinkits.com

Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.'s control. In addition to those discussed in GoIP Global, Inc.'s press releases, public filings, and statements by GoIP Global, Inc.'s management, including, but not limited to, GoIP Global, Inc.'s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.'s ability to raise additional capital to fund future operations, GoIP Global, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

For further information, please contact:

Neil Riches – Managing Director
Worldlink Group
Tel: UKMob: +44 (0)7736 670055

About Worldlink:

Worldlink own the fundamental process and method for sending changing data efficiently across mobile telecommunications networks. Initially developed in 1999 to deliver financial information to a mobile device, the techniques are in fact applicable to any changing data. Worldlink has patents in the UK and United States markets for this technology and has patents pending in Continental Europe.

At Worldlink we intend to capitalise upon our patented technology through a licensing program by:

- Offering a license to companies who have incorporated the Worldlink technology into their products;
- Marketing of licences where a company wishes to use the process with their own technology;
- Marketing of licences offering the Worldlink technology allowing companies to create their own products.

The deployment of the patented technology in the financial sector is our key target. However the patent can be applied equally to other industries. The patented process and method maximises the effectiveness and minimises the cost of transmitting changing data to mobile devices.




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Worldlink Group plc

Neil Riches – Managing Director
Worldlink Group
Tel: UKMob: 00447736 670055

Simon Robinson – Marketing Director
Worldlink Group
Tel: UKMob: 00447593340107



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Date: 10/27/2010 - 09:17
Language: English
News-ID 1019770
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