The Hartford Financial Services Group, Inc. Purchases a License under the Ronald...

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Tue Sep 2, 2008 6:00am EDT

The Hartford Financial Services Group, Inc. Purchases a License under the Ronald A. Katz Technology Licensing, L.P. Patents

LOS ANGELES--(Business Wire)--
The Hartford Financial Services Group, Inc., based in Hartford,
Connecticut, has purchased a license under the patent portfolio held
by Ronald A. Katz Technology Licensing, L.P. and licensed through its
affiliate, A2D, L.P.

   The nonexclusive license covers services offered by The Hartford
Financial Services Group, Inc. in the "Automated Health Care
Services," "Automated Securities Transactions" and "Financial Services
Call Processing" Fields 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, prescription refill services, 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.

   Ronald A. Katz stated, "We welcome The Hartford Financial Services
Group, Inc. to the diverse group of leading companies including First
Hawaiian Bank and TD Banknorth Inc. who have purchased license rights
under this portfolio."

   There are over 250 companies with license rights under this
portfolio. Companies with license rights under this portfolio include:
Advanta Corp., Alltel Corporation, American Century, American Express,
American International Group, Inc., Amtrak, AT&T Inc., Avis Budget
Group, Inc., Avon Products, Inc., Bank of America Corporation, Capital
One Services Inc., Chevron U.S.A. Inc., Comerica Inc., Continental
Airlines, Dell Inc., Delta Air Lines, Inc., Discover Financial
Services, Edward D. Jones & Co., Experian, Express Scripts, Exxon
Mobil Corp., First Data Corporation, FirstMerit Corporation, The
Gallup Organization, Hewlett-Packard Company, Hilton Hotels
Corporation, Household International, Inc., HSBC Bank USA, ING North
America Insurance Corp., International Business Machines (IBM), Kaiser
Permanente Insurance Co., KeyCorp, Kohl's Corporation, Massachusetts
Mutual Life Insurance Company, MCI Inc., Mellon Financial Corporation,
Merck & Co., Merrill Lynch & Co., Inc., Metris Companies Inc.,
Microsoft, Morgan Stanley, New York Life Insurance Company,
OppenheimerFunds, Inc., Premier Global Services, Inc., Principal
Financial Group, Inc., Prudential Financial, Inc., Qwest
Communications International Inc., QVC, Inc., Regions Financial
Corporation, Safeway Inc., Sears, Roebuck and Co., ShopKo Stores,
Sprint Corporation, Sunoco, Inc., SUPERVALU INC., TD Banknorth Inc.,
T. Rowe Price Associates, Inc., T-Mobile USA, United Air Lines, Inc.,
Verizon California Inc., Wachovia Corporation, Walgreen Co., Wal-Mart
Stores, Inc, Webster Financial Corporation, WellPoint, Inc., Wells
Fargo & Company, West Corporation and Zions Bancorporation.

   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.

A2D, L.P.
Brian Rivette, 310-247-8191
brivette@a2dlp.com

Copyright Business Wire 2008
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