CopyTele Files Patent Infringement Lawsuits Against 10 Largest U.S. Airlines

CopyTele Files Patent Infringement Lawsuits Against 10 Largest U.S. Airlines 
MELVILLE, NY  -- (Marketwired) -- 08/21/13 --  CopyTele, Inc. ("CTI")
(OTCQB: COPY), a company specializing in patent monetization and
patent assertion, today announced that its wholly owned subsidiary,
Loyalty Conversion Systems Corporation, filed patent infringement
lawsuits in the Federal District Court for the Eastern District of
Texas against 10 of the largest U.S. airlines in connection with
their frequent flyer programs. Defendants in the lawsuits include
Alaska Airlines, American Airlines, Delta Airlines, Frontier
Airlines, Hawaiian Airlines, JetBlue Airways, Southwest Airlines,
Spirit Airlines, United Airlines, and U.S. Airways.  
Robert Berman, CTI's President and CEO stated, "Although some
airlines have had financial difficulties in recent years, frequent
flyer programs generate billions of dollars in annual revenue and
continue to be extremely profitable. To further increase profits from
these programs, most airlines now operate coalition programs, which
allow customers to convert points and other rewards from partner
programs, into frequent flyer miles. Because program partners pay
money to the airline for each point converted, these transactions are
extremely profitable for the airlines. The 16 patents in our Loyalty
Conversion Systems patent portfolio cover numerous aspects of the
points conversion processes, which are used by both the airlines and
their partners." 
In addition to airlines, coalition awards programs are extremely
popular across the hotel, credit card, rental car, grocery, and
pharmacy industries. 
Since announcing its new business model in October of 2012, CopyTele
now has 20 active lawsuits across 5 patented technology areas,
including: E-Paper Electrophoretic Displays; Nano Field Emission
Displays; Key Based Web Conferencing Encryption; J-Channel Window
Frame Construction; and Loyalty Conversion Systems. 
About CopyTele, Inc. 
CopyTele develops and acquires patented technologies for the purposes
of patent monetization and patent assertion. The company currently
has 6 patent portfolios in the areas of Key Based Web Conferencing
Encryption, E-Paper® Electrophoretic Display, Nano Field Emission
Display ("NFED"), Micro Electro Mechanical Systems Display ("MEMS"),
Loyalty Point Conversion Systems, and J-Channel Window Frame
Construction. Additional information is available at
www.CTIpatents.com.  
Forward-Looking Statements: Statements that are not historical fact
may be considered forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements are not statements of historical facts, but rather reflect
CopyTele's current expectations concerning future events and results.
We generally use the words "believes," "expects," "intends," "plans,"
"anticipates," "likely," "will" and similar expressions to identify
forward-looking statements. Such forward-looking statements,
including those concerning our expectations, involve risks,
uncertainties and other factors, some of which are beyond our
control, which may cause our actual results, performance or
achievements, or industry results, to be materially different from
any future results, performance, or achievements expressed or implied
by such forward-looking statements. These risks, uncertainties and
factors include, but are not limited to, those factors set forth in
"Item 1A - Risk Factors" and other sections of our Annual Report on
Form 10-K for the fiscal year ended October 31, 2012 as well as in
our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
We undertake no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law. You are
cautioned not to unduly rely on such forward-looking statements when
evaluating the information presented in this press release.  
Contact:
Ron Tenio
631-549-5900 
rtenio@CTIpatents.com