UnionBanCal Corporation Obtains a License Under the Ronald A. Katz Technology Licensing, L.P. Patents
May 29 2007 - 7:00AM
PR Newswire (US)
LOS ANGELES, May 29 /PRNewswire/ -- UnionBanCal Corporation,
(NYSE:UB), a bank holding company whose primary subsidiary is Union
Bank of California, has taken a license under the patent portfolio
held by Ronald A. Katz Technology Licensing, L.P. and licensed
through its affiliate, A2D, L.P. The license covers services
offered by UnionBanCal in the "Financial Services Call Processing"
Field-of-Use, including customer service delivered through
automated systems and live agents. Other terms of the license were
not disclosed. The patents held by Ronald A. Katz Technology
Licensing, L.P. cover a wide range of interactive technology
including automated forms of: customer service, securities trading,
merchandising, prepaid services, telephone conferences,
registration, home shopping, as well as functions involved in
securing information from databases by telephone, interactive cable
transactions, and various other uses of toll free and local
numbers. "The technologies claimed in these patents have enabled a
variety of the key features we offer our customers to make the
process of getting telephone based support efficient and secure,"
said Barbara Hiehle, Executive Vice President, Customer Services
Division, Union Bank of California, the wholly owned banking
subsidiary of Licensee, UnionBanCal Corporation. Ronald A. Katz
stated, "We welcome UnionBanCal Corporation to the significant
number of financial services companies who have purchased license
rights under this portfolio." There are over 150 companies with
license rights under this portfolio, including over 15 energy and
utility companies. Companies with license rights under this
portfolio include: Advanta Corp., Alltel Corporation, American
Century, American Express, Automatic Data Processing, Inc.,
AT&T Corp., Bank of America Corporation, BB&T Corporation,
Capital One Services Inc., Cellco Partnership d/b/a Verizon
Wireless, Certegy Inc., Dell Inc., Cullen/Frost Bankers, Inc.,
Delta Air Lines, Inc., Edward D. Jones & Co., L.P., Equifax
Inc., Excel Communications Inc., First Data Corporation, First
National Bank of Omaha, First Tennessee National Corporation, The
Gallup Organization, Hewlett-Packard Company, Home Shopping Network
Inc., Household International, Inc., HSBC Bank USA, International
Business Machines (IBM), KeyCorp, LaSalle Bank Corporation,
Marriott International, Inc., MCI Inc., Mediacom Communications
Corporation, Mellon Financial Corporation, Merck & Co., Merrill
Lynch & Co., Inc., Metris Companies Inc., Microsoft, MoneyGram
Payment Systems Inc., Nationwide, OppenheimerFunds, Inc., People's
Bank, PetMed Express, Inc., The PNC Financial Services Group, Inc.,
Principal Financial Group, Inc., Prudential Financial, Inc., QVC,
Inc., Sears, Roebuck and Co., Shop At Home, Inc., Sprint
Corporation, SouthTrust Bank, Sunoco, Inc., Synovus, Teachers
Insurance and Annuity Association of America, TD Ameritrade Holding
Corporation, T. Rowe Price Associates, Inc., The Vanguard Group,
Inc., Verizon California Inc. and its affiliates, Wachovia
Corporation, and Wells Fargo & Company. Mr. Katz is the named
inventor on a large number of patents primarily in the fields of
telecommunications and computing. He also formed Telecredit, Inc.,
the nation's first on-line real time credit and check cashing
authorization system, and was awarded a patent as co-inventor of
that technology. Based in San Francisco, UnionBanCal Corporation
(NYSE:UB) is a bank holding company with assets of $52.6 billion at
December 31, 2006. Its primary subsidiary, Union Bank of
California, N.A., had 321 banking offices in California, Oregon and
Washington, and two international offices at December 31, 2006. The
company's Web site is located at http://www.unionbank.com/.
DATASOURCE: Ronald A. Katz Technology Licensing, L.P. CONTACT:
Brian Rivette for Ronald A. Katz Technology Licensing, L.P.,
+1-310-247-8191, ; or Barbara Hiehle, Executive Vice President,
Customer Service Division, of UnionBanCal Corporation,
+1-323-720-7103 Web site: http://www.unionbank.com/
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