Inventergy Inc. Quadruples Telecommunications Patent Portfolio, Acquiring 500 Patent Assets From Panasonic

Inventergy Inc. Quadruples Telecommunications Patent Portfolio, Acquiring 500 
Patent Assets From Panasonic 
CUPERTINO, CA -- (Marketwired) -- 01/06/14 --  Inventergy Inc.
(NASDAQ: EONC) has announced today that it has acquired approximately
500 patent assets from Panasonic Corporation (a Fortune 100 global
electronics company). The portfolio covers key technologies in 3G and
4G communications, a field where Panasonic has been an early
technology innovator.  
This transaction marks Inventergy's second significant patent
portfolio acquisition in the telecommunications space in
approximately six months, and increases the company's portfolio to
more than 660 patents. The portfolio, among other things, applies
broadly to radio access network communications technologies and spans
a number of key market segments including telecommunications
operators, base station equipment vendors, and end-user equipment
vendors. Inventergy has currently identified more than 100 companies
within these primary licensee market segments that could benefit from
a license to these important mobile broadband intellectual property
assets. 
Joe Beyers, Chairman and CEO of Inventergy, stated, "We are extremely
pleased to have secured a second patent portfolio, in such a short
time, which significantly increases our overall licensing
capabilities. This acquisition validates Inventergy's strategic model
of establishing long-term relationships with industry leading Fortune
500 technology companies, helping to unlock the value of their high
quality assets, the fruits of their significant investments in
research and development, in an above-board and professional manner.
In addition to providing a strong complement to our existing
telecommunications patent portfolio, these assets cover key
technologies in 3G and 4G communications, an industry in which
Panasonic has been an early technology innovator and standards
setter." 
These new IP assets provide geographic coverage in 18 countries where
there are more than 80 Telecom Operators handling over 2.5 billion
mobile broadband connections. This industry continues its rapid
growth as users demand more powerful tablets, PCs, notebooks and
other mobile devices from equipment manufacturers, and base station
equipment vendors respond by building new towers for operators to
support the increasing need for 2G/3G and now 4G radio
communications. 
Mr. Beyers continued, "Inventergy remains committed to establishing
itself as a market leader within the rapidly changing intellectual
property industry. Moving forward we will remain focused on adding
high quality, technologically important patent portfolios spanning
across the telecommunications and other industries, delivering value
to both technology leaders and industry licensees." 
On December 18, 2013, Inventergy Inc. and eOn Communications
Corporation (NASDAQ: EONC) announced entering into a merger agreement
whereby Inventergy will merge into a wholly owned subsidiary of eOn.
Upon completing the merger, eOn Communications will be renamed
Inventergy Global, Inc. and Inventergy stockholders in the aggregate
will control eOn. 
About Inventergy Inc.
 Inventergy Inc. is an intellectual property
acquisition and licensing company dedicated to identifying, acquiring
and licensing the patented technologies of market-significant
technology leaders. Led by IP industry pioneer and veteran Joe
Beyers, former head of IP and global strategy at Hewlett-Packard, the
company leverages decades of experience, market and technology
expertise, and industry connections to assist Fortune 500 companies
in leveraging the value of their innovations to achieve greater
returns. Inventergy aspires to enable a new world of IP value
creation built upon a more transparent, above-board and ethical
business platform. Inventergy's current portfolio now contains over
660 patent assets (including patents related to industry standards),
from two Fortune Global 500 and Gartner-recognized technology leaders
in the telecommunications industry. For more information about
Inventergy, visit the website at www.inventergy.com. 
Forward-Looking Statements
 This press release contains statements,
estimates, forecasts and projections with respect to future
performance and events, which constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Those statements include statements regarding the intent and
belief or current expectations of the Company and its affiliates and
subsidiaries and their respective management teams. These statements
may be identified by the use of words like "anticipate", "believe",
"estimate", "expect", "intend", "may", "plan", "will", "should",
"seek" and similar expressions and include any projections or
estimates set forth herein. Investors and prospective investors are
cautioned that any such forward-looking statements are not guarantees
of future performance and involve risks and uncertainties, that
actual results may differ materially from those projected in the
forward-looking statements.  
Investors:
Chris Camarra
Director, Investor Relations
chris@inventergy.com 
 
 
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