Ft. Lauderdale, Florida – (The Hosting News) – August 3, 2007 – Web hosting company specializing in small and medium business support services, Hostopia, has entered into a patent license agreement, with the outsourced, messaging and communication services firm, j2 Global Communications, Inc.
Under the agreement Hostopia receives a non-exclusive, worldwide license to j2 Global’s digital fax patent portfolio in exchange for an upfront payment plus ongoing quarterly royalty payments. The patent license agreement has a 10 year term, which may be renewed thereafter.
Jeffrey D. Adelman, Vice President and General Counsel of j2 Global offered, ”j2 Global licenses its patents to leading companies worldwide. We are especially delighted to add Hostopia as a licensee because they have a demonstrated ability to successfully sell IP-based business solutions on a large scale basis to telecommunications and Internet service providers. This agreement is a great opportunity to expand the market for digital faxing services by delivering these patented solutions into the hands of a leading service provider.”
Colin Campbell, CEO and COO of Hostopia commented, ”Hostopia seeks to provide communications providers with the means to offer their small business customers a high-performance fax-to-email service. In order to deliver a superior service we sought out the global leader in patented digital faxing technology and formed an agreement that we believe will enable us to compete on a superior footing with respect to features and price while giving our service provider customers the intellectual property assurances they need to offer these services.”
Founded in 1995, j2 Global Communications, Inc. provides outsourced, value-added messaging and communications services to individuals and businesses around the world. j2 Global’s network spans greater than 2,800 cities in 40 countries on five continents. The Company offers faxing and voicemail solutions, document management solutions, web-initiated conference calling, and unified-messaging and communications services. j2 Global markets its services principally under the brand names eFax, j2, jConnect, JFAX, eFax Corporate, Onebox, Electric Mail, jBlast, eFax Broadcast, eVoice, PaperMaster, Consensus, M4 Internet and Protofax. As of December 31, 2006, j2 Global had achieved 11 consecutive fiscal years of revenue growth and 5 consecutive fiscal years of positive and growing operating earnings.
Hostopia develops, manages, and distributes Internet applications used by small and medium sized businesses, including web site hosting, managed email, ecommerce, and other online business applications. Hostopia sells its services on a wholesale basis to communications services providers such as telecommunications and cable companies, Internet service providers, domain registrars, and web hosting companies who, in turn, resell Hostopia’s services under their own brand to small-medium sized business customers.
For more information about j2 Global, please visit: www.j2global.com.
To learn more about Hostopia, please visit: www.hostopia.com.