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Magnolia Broadband's Certain Collection Obtained by Google


IP privileges to benefit Search engines in the cellular space; Profits to help finance on-going R&D by Magnolia Broadband

Magnolia High speed internet, Inc. has sold its stream developing Mobile Send Variety ("MTD") patent portfolio to Search engines, Inc. (NASDAQ: GOOG). This patent portfolio is resulting from over a several years of research, growth, and examining, and protects methods for increasing array usage (network capacity), growing protection, enhancing uplink indication connections at the cell side, and enhancing system power supply.

Osmo Hautanen, CEO of Magnolia High speed internet, said; "We believe that Google getting our more than 50 Mobile Send Variety stream developing technological innovation patents underlines the need for such a technological innovation in special broadband equipment." Mr. Hautanen further described Magnolia Broadband's ongoing vision: "The software, which can be included into any special broadband system continues to be the home or home of Magnolia High speed internet and will be made available to cellular phone distributors and chipset companies."

Yaron Eitan, Chairman of the Board of Magnolia High speed internet, Inc. and a Associate in SCP Associates, the organization's biggest traders, said: "This deal is a landmark for Magnolia High speed internet. It provides a return to our traders and financing for ongoing growth of Magnolia's MTD technological innovation. We look forward to implementation of this modern technological innovation in mobile mobile phones, pills and other special broadband equipment, to provide quicker data throughput, better protection and broader range."

Invention Capital Associates was maintained by Magnolia High speed internet to perform an research of Magnolia's ip resources and prospective market possibilities, and thereafter to interact with audience and support the constructing, discussion and effective ending of the deal.
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