PCI-PAL PLC Unfounded allegations of patent infringement (9301L)
16 Septiembre 2021 - 1:00AM
UK Regulatory
TIDMPCIP
RNS Number : 9301L
PCI-PAL PLC
16 September 2021
PCI-PAL PLC
("PCI Pal", "the Company" or "the Group")
Unfounded allegations of patent infringement
PCI-PAL PLC (AIM: PCIP), the global cloud provider of secure
payment solutions for business communications, notes the press
release from its competitor Semafone Limited that it has filed a
lawsuit in both the UK and US relating to alleged patent
infringements by PCI Pal.
The Directors strongly refute the claims being made by Semafone
and believe that the Semafone claims have no basis. As a technology
company, PCI Pal has consistently obtained specialist patent legal
advice (both within the UK and US) and is wholly confident that no
patent infringement is taking place. PCI Pal will defend itself
robustly against all allegations of patent infringement.
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
P CIPAL@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 or follow the team on
Linkedin: https://www.linkedin.com/company/pci-pal/
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the company's obligations under Article 17 of MAR.
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END
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September 16, 2021 02:00 ET (06:00 GMT)
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