CARLSBAD, Calif., Dec. 26, 2017 (GLOBE NEWSWIRE) — AppTech Corp. (OTC PINK:APCX). Keeping in the forefront of FinTech companies with a portfolio of patented offerings and intellectual property, AppTech announces that it has retained DiNovo Price LLP to supplement its licensing and intellectual property strategy.
AppTech’s patent portfolio consists of four issued US Patents covering mobile payments and application-to-person (A2P) two-way SMS marketing and advertising. The company has also developed intellectual property for multi-factor authentication (MFA) using simple text communications. AppTech’s patented technology is being used by over 600 enterprises and brands in the US including over fifty percent of the Fortune 500.
USPTO 8,073,895 & 8,572,166 “System and Method for Delivering Web Content to a Mobile Device”
USPTO 8,315,184 “Computer to Mobile Two-Way Chat System and Method”
USPTO 8,369,828 “Mobile-to-Mobile Payment System and Method”
Mickey Gross, CEO states, “The IP and technologies created by our engineers and acquired by AppTech were developed prior to smartphones and it is important that we have a sound licensing strategy to protect our current and future clients. Retaining DiNovo Price LLP will provide us with guidance to maximize our opportunities that our global portfolio represent.”
On behalf of DiNovo Price LLP, founding partner Drew DiNovo states, “AppTech’s IP is potentially far-reaching and is well positioned to impact mobile transactions globally. Our firm has substantial and proven expertise in the high-tech patent space and will be working closely with AppTech to develop and implement a licensing strategy based on sound and global business practices.”
AppTech Corp. is a FinTech company with a foundation in electronic processing technologies and merchant services, and has expanded its core merchant processing services to include enterprise-grade, patent-protected software and intellectual property for advanced text messaging incorporating the ability to transact payments via secure text messaging based on NSA technology, SMS text messaging for notification, authentication, marketing, advertising, information queries, and reports using our patented computer to Mobile Chat application. AppTech continues to provide digital marketing, software development, mobile app development, website development, website hosting, IT support, robust cloud computing & comprehensive payment processing for brick-and-mortar, e-commerce, and ACH.
For more information about AppTech, please visit www.apptechcorp.com.
This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate”, “believe”, “estimate”, “expect”, “forecast”, “intend”, “may”, “plan”, “project”, “predict”, “should” and “‘will” and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These forward-looking statements involve risks and uncertainties concerning the Company. Actual events or results may differ materially from those described in this press release due to a number of factors. AppTech is under no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.