BETHESDA, MD -- 10/24/07 --
Invenda Corp. (SWX: INVN), the parent company
of E-centives, Collabrys and ConsumerREVIEW, announced today it has been
granted two additional patents. Patent number EP0923039, titled
"Electronic Couponing Method and Apparatus," was issued in the E.U. earlier
this year and is the Company's first E.U. patent. Recently, the Company
was also granted U.S. patent number 7,246,084, titled "Approach for
Processing Electronic Orders," which is the Company's first patent in the
field of e-commerce using mobile phones.
"Our company has been an innovator in fields of online coupons and
electronic incentives for approximately 10 years," said Kamran Amjadi,
Chairman and CEO of Invenda. "Our new E.U. couponing patent is an important
milestone for our technology leadership position, adding to our 6
previously granted U.S. patents in the field of online couponing."
Invenda's latest patent in the field of mobile commerce covers an invention
that recognizes the differences in input mechanisms between mobile devices
and other computers. One of the aspects of the Company's latest mobile
commerce patent covers a method to use previously stored information to
make mobile transactions more viable.
"A simple user experience for making purchases using mobile phones will be
a major factor in the growth of mobile commerce," said Kamran Amjadi.
"Repeatedly entering information such as payment data and shipping address
is neither feasible nor realistic and our patent describes methods to
minimize these steps, among other features."
Invenda also owns a patent portfolio in the Web search field that consists
of 3 granted U.S. patents covering such methods as search result
categorization and search result normalization.
ABOUT INVENDA CORP.
Invenda Corp. is a leading provider of digital marketing technologies,
services and online media properties that enable more efficient and
effective marketing. Invenda Corp. currently consists of three business
units: integrated consumer relationship marketing unit: Collabrys;
interactive promotions unit: E-centives; and, consumer generated content
and media unit: ConsumerREVIEW. Headquartered outside Washington, D.C.
with offices in the San Francisco Bay area, Invenda Corp. is traded on the
Swiss Exchange (SWX) under the symbol "INVN."
The statements and descriptions in this document are a high level
discussion of the patents and are not intended to be a legal interpretation
of the scope of the patents.
Under the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, Invenda cautions investors that any forward-looking
statements or projections made by the company, including those that may be
made in this press release, are based on management's expectations at the
time they are made, but they are subject to risks and uncertainties that
may cause actual results to differ materially from those projected.
Specifically, Invenda's forecasts of revenue growth, customer growth and
EBITDA are forward looking in nature, and could differ materially from
current expectations. Invenda's future results may be impacted by factors
such as technological changes, market acceptance of the company's services,
Invenda's ability to grow its customer base, and competitive market
pressures, among other things. Invenda's future results also may be
impacted by other risk factors detailed from time to time in the company's
registration statements and Forms 10-KSB and 10-QSB filed with the
Securities and Exchange Commission. By making these forward-looking
statements, Invenda undertakes no obligation or intention to update these
statements after the date of this release.
Contact
Ivana Pacakova
Invenda Corp.
1.240.333.6109
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