RCS - PCI-PAL PLC - New U.S. Patent Approved Covering Cloud IP

PCI- PALAnnouncement

22/03/2022 07:16

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RNS Number : 5217F  PCI-PAL PLC  22 March 2022

 

RNS Reach - non regulatory announcement

 
PCI-PAL PLC
("PCI Pal", "the Company" or "the Group")
New U.S. Patent Approved Covering Cloud IP

 

PCI-PAL PLC (AIM: PCIP), the global cloud provider of secure payment solutions
for business communications, is pleased to announce that it has received
approval from the U.S. Patent Office for the grant of its patent US20210194939
which covers PCI Pal Agent Assist deployment methods used in the United
States.

 

PCI Pal was the first in its market to build and launch a true-cloud, globally
available, secure payment platform.  Our innovative approach has allowed us
to apply for patents to cover the key processes of our cloud services, and
this is the first of a number of pending patents worldwide to achieve grant
approval status.

 

The patent protects PCI Pal's core innovation that enables its Agent Assist
product to interact with phone calls in a non-invasive, light-touch manner.
This approach has been key to PCI Pal's success in being chosen as a preferred
solution provider to more than two-thirds of the CCaaS(1) Gartner Magic
Quadrant and is a major competitive differentiator.

 

During the patent application process, in addition to the U.S. Patent Office's
own prior art reviews, PCI Pal referred a number of competitor patents to the
patent office for review.  These included all U.S. patents owned by Semafone
Limited.

 

Commenting on the news, James Barham, Chief Executive Officer, said:

 

"With this approval to grant, the U.S. Patent Office has confirmed the truly
novel nature of PCI Pal's invention. The approval is a strong endorsement of
our innovative approach and the unique way by which we provide our customers
and partners with access to our cloud-based, globally available secure payment
services.  We continue to look forward with optimism as we further expand our
market leading partner-ecosystem, and deliver against the strategic objectives
we have set ourselves."

 

(1) CCaaS - Contact Centre as a Service providers such as Genesys, Vonage,
Talkdesk, 8x8.

 

 

For further information, please contact:

 

 PCI-PAL PLC                                 Via Walbrook PR
 James Barham - Chief Executive Officer

 William Good - Chief Financial Officer

 finnCap (Nominated Adviser and Broker)      +44 (0) 20 7227 0500
 Marc Milmo/Simon Hicks (Corporate Finance)

 Richard Chambers (Corporate Broking)

 Walbrook PR                                 +44 (0) 20 7933 8780
 Tom Cooper/Nick Rome                        +44 (0) 797 122 1972
                                             PCIPAL@walbrookpr.com

 

 

 

About PCI Pal:

 

PCI Pal is a leading provider of Software-as-a-Service ("SaaS") solutions that
empower companies to take payments from their customers securely, adhere to
strict industry governance, and remove their business from the significant
risks posed by non-compliance and data loss. Our products secure payments and
data in any business communications environment including voice, chat, social,
email, and contact centre. We are integrated to, and resold by, some of the
worlds' leading business communications vendors, as well as major payment
service providers.

 

The entirety of our product-base is available from our global cloud platform
hosted in Amazon Web Services ("AWS"), with regional instances across EMEA,
North America, and ANZ.

 

For more information visit www.pcipal.com (http://www.pcipal.com) or follow
the team on Linkedin: https://www.linkedin.com/company/pci-pal/
(https://www.linkedin.com/company/pci-pal/)

 

 

 

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