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MagicJack Is Granted U.S. Patent No. 8,306,201

Stocks in this article: CALL

WEST PALM BEACH, Fla., and NETANYA, Israel, Oct. 24, 2012 (GLOBE NEWSWIRE) -- magicJack VocalTec, Ltd. (Nasdaq:CALL) (the "Company"), the Voice Experts and cloud communications leader that invented voice over IP (VoIP) and sold over ten million magicJacks®, today announced the U.S. Patent and Trademark Office granted the Company U.S. Patent No. 8,306,201.

Upon hearing the news, magicJack CEO Dan Borislow commented, "Being innovative, more efficient and creating products and services that are loved by our customers is the magicJack way. Today, myself, along with a co-worker, are the inventors of a patent that will make communications easier, more convenient and much less costly. This patent and our already deployed technology saves and conserves valuable numbering resources throughout the world. What would have taken a supercomputer a few years ago to enable this technology is now being performed on a series of off-the-shelf high power multi Intel CPU servers. Besides receiving the patent, for the last few months we actually have it working successfully on millions of our own telecom apps on Apple® and Androidâ„¢, computers and many magicJacks. During this short time, we have seen a six to eight fold increase in the number of inbound minutes on our apps, proof of what the future holds. This is a remarkable occurrence enabling whole classes of people to be able to receive phone calls who might not previously have been able to do so for whatever reason. I.e. five year-old children are now getting calls from their parents and grandparents on their iPod touch®, iPad®, iPhone® and various Apple computers with their contact list in iCloud. In a nutshell, if a company had people install a billion telephone apps and previously wanted phone numbers for each, it would be close to if not impossible. It would certainly be cost prohibitive. With this invention, instead of using one billion numbers, for instance, you might just use just three million telephone numbers for all one billion users. Like always, each called party receives a unique number to call back the magicJack user on a real phone number. With so many new devices being purchased worldwide and previous devices handed down to kids and others who all should want telephone apps with real telephone numbers, the timing of this invention could not have been better. The more innovative the hardware manufactures are, the better we do. magicJack products and services are not only the most innovative, affordable and easy to use, but combined might possess the most important intellectual property in its space. The timing of receiving this patent came as a surprise to us, a very welcomed surprise indeed. My holiday present came early this year. It's both important and complimentary to be rewarded for thinking outside the box and for taking the risk of being different."

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