GTL Acquires Corrections Patents From Verizon
Bolstering GTL’s industry leading portfolio
FOR IMMEDIATE RELEASE
Reston, Virginia (PRNewsWire) – April 4, 2017 – GTL , an innovation leader in correctional technology and payment services solutions for government, today announced that it has acquired a portfolio of telecommunications, messaging, and inmate visitation patents from Verizon Patent and Licensing Inc. These patents complement other patents that GTL previously acquired when it purchased the MCI Department of Corrections line of business from Verizon Business Services in 2007.
“It is fitting that these patents have come home to GTL, reuniting aspects of the Verizon portfolio with GTL and some of the inventors who helped create that technology while at MCI, and who have remained GTL employees,” said GTL CEO Brian Oliver. “The acquisition of this portfolio of corrections patents strengthens GTL’s position in traditional technologies, as well as emerging technologies, that are critical to the corrections industry,” Oliver said. “This transaction is a true complement to GTL’s industry leading patent portfolio and will offer new capabilities to protect our inventions in the marketplace.”
GTL leads the fields of correctional technology and government payment services with visionary solutions and customized products that integrate seamlessly to deliver security, financial value, and ease of operation for its customers. As a trusted industry leader, GTL provides services to 32 state departments of corrections, the District of Columbia, Puerto Rico, the Federal Bureau of Prisons, and 73 of the 100 largest city/county facilities, including 39 of the top 50, which comprise 1.9 million inmates nationwide. To learn more about GTL, please visit www.gtl.net or our social media sites on Facebook, Twitter and LinkedIn.
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