World Gate WGAT

Woodson

L I V I N
Forum Member
Oct 23, 1999
15,476
74
48
Blockchain
Currently 4.

My group has it 8-10 by christmas. Look past August as its usually a slump month in stocks, might be a good time to take note until then and then get aboard... Will keep posts coming as to what I hear.

TREVOSE, Pa. (PRNewswire) - TREVOSE, Pa., July 12 /PRNewswire-FirstCall/ -- Motorola Inc. and WorldGate Communications Inc. today announced that the United States Patent and Trademark Office has notified WorldGate of the allowance of its patent application for the design of the Motorola Ojo(TM) Personal Video Phone. Formal issuance of the resulting patent is anticipated within the next few months.

The U.S. Design Patent is the latest formal recognition of the high standards of excellence and innovation established by WorldGate for the Motorola Ojo Personal Video Phone. In June 2005, Ojo was awarded the coveted Taiwan National Symbol of Excellence Gold Medal, issued annually by the Republic of China to showcase the finest products manufactured there. In January of this year, Ojo won the International CES's 2005 "Best of Innovations in Design and Engineering Award," the consumer electronics industry's annual honor for "innovation that tops all innovation."

"Ojo's exterior design and character contributes significantly to the personal video phone experience," says Hal Krisbergh, Chairman and CEO of WorldGate Communications. "This U.S. Design Patent validates the creativity, testing, and hard work that went into designing Ojo, and once again demonstrates how the Motorola Ojo Personal Video Phone experience is redefining how people communicate in the broadband age."

ABOUT WORLDGATE COMMUNICATIONS INC.

WorldGate is in the business of developing, designing and manufacturing video phones for personal and business use, to be marketed with the Ojo brand name. The Ojo video phone is designed to conform to industry standard protocols, and utilizes proprietary enhancements to the latest technology for voice and video compression. Ojo video phones are designed to operate on the high-speed data infrastructures provided by cable and DSL providers. WorldGate has applied for patent protection for its unique technology and techno-futuristic design that contribute to the functionality and consumer appeal offered by the Ojo video phone. This unique combination of design, technology and availability of broadband networks allow for real life video communication experiences that are now, for the first time, economically and technically viable. More information on WorldGate and the Ojo personal video phone can be accessed at http://www.WGATE.com. WorldGate is traded on NASDAQ under the symbol WGAT. WorldGate and Ojo are trademarks of WorldGate Service Inc.

This press release may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions including, without limitation, expressions using the terminology "may," "will," "believes," "plans," "expects," "anticipates," "predicts," "forecasts," and expressions which otherwise reflect something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to fund operations or raise additional capital if needed and the other factors described in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. No obligation is undertaken to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

WorldGate Communications, Inc.
 
Bet on MyBookie
Top