VoIP-Pal CEO Provides Update on Antitrust Litigation and Strategic Direction

Rhea-AI Summary

VoIP-Pal (OTCQB: VPLM) has provided an update on its legal strategy, focusing on antitrust litigation and civil RICO claims against major telecommunications defendants. CEO Emil Malak announced the company is proceeding with serving defendants while remaining open to discussions for resolution.

The company views this as a strategic expansion beyond patent enforcement, addressing broader systemic issues affecting market competition. Malak emphasized that success in complex litigation is measured by strategic milestones rather than speed, expressing confidence in the company's legal position and case strength.

The company, headquartered in Waco, TX, owns a portfolio of VoIP-related patents it seeks to monetize. Management acknowledges the unpredictable nature of litigation outcomes and settlement discussions, with no assurance of favorable resolution.

Positive

• Expansion of legal strategy to include antitrust and RICO claims
• Progress in legal proceedings with active serving of defendants
• Maintains strong patent portfolio in VoIP technology

Negative

• Uncertain timeline for litigation resolution
• No guarantee of favorable outcome in legal proceedings
• Continued reliance on legal outcomes for business success

WACO, Texas, March 03, 2025 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (“VoIP-Pal,” “Company”) (OTCQB: VPLM) today provided an update on its ongoing legal efforts in antitrust litigation and civil claims under RICO as part of its broader legal strategy against major telecommunications defendants.

CEO Emil Malak addressed shareholders, emphasizing that while the company remains open to discussions, it is actively advancing its litigation strategy. As part of this process, VoIP-Pal is proceeding with serving the defendants. At the same time, the company continues to explore all avenues for a fair and timely resolution.

“This marks an important step in our strategic litigation efforts,” said Malak. “While we continue to protect our patents, we believe that pursuing antitrust claims, along with civil claims under RICO, provides a more comprehensive approach to addressing unfair market practices. Antitrust and RICO claims complement our patent enforcement efforts by addressing broader systemic issues that hinder competition. By advancing this approach, we strengthen our position and create greater long-term value for our shareholders while advocating for a fair and competitive marketplace.”

Malak reaffirmed the company’s confidence in its legal position and the strength of its case, emphasizing that in complex litigation, success is measured by strategic milestones rather than speed.

“We are firmly on the right path, with each step strengthening our position and advancing our objectives,” Malak continued. “Our commitment remains unwavering, and we are confident that our strategy will deliver the best possible outcome.”

VoIP-Pal remains committed to fostering fair competition in the telecommunications industry and steadfast in its pursuit of a just resolution. Malak added, “The strength of our case, combined with the dedication of our technical and legal teams, positions us well for success.”

“We deeply appreciate the trust and patience of our shareholders and will continue to provide updates as we move forward. As I always say, patience is a virtue—but it is also a strategic advantage. With the strength of our case and the resilience of our team, we remain confident in our strategy and its potential to yield a favorable outcome.”

About VoIP-Pal.com Inc.

VoIP-Pal.com, Inc. (“VoIP-Pal”) is a publicly traded corporation (OTCQB: VPLM) headquartered in Waco, TX. The company owns a portfolio of patents related to Voice-over-Internet Protocol (“VoIP”) technology that it is actively seeking to monetize.

Forward-Looking Statements

This press release contains forward-looking statements as defined under securities laws. These statements reflect management’s current expectations and are inherently uncertain. Litigation outcomes and settlement discussions are unpredictable, and there is no assurance of favorable resolution.

For Further Information

Corporate Website: www.voip-pal.com
IR Inquiries: IR@voip-pal.com
IR Contact: Rich Inza, (954) 495-4600

FAQ

What legal actions is VoIP-Pal (VPLM) currently pursuing against telecommunications companies?

VoIP-Pal is pursuing antitrust litigation and civil RICO claims against major telecommunications defendants, while continuing its patent enforcement efforts.

How does VoIP-Pal's new legal strategy differ from its previous approach?

The new strategy expands beyond patent enforcement to include antitrust and RICO claims, addressing broader systemic issues affecting market competition.

What is the current status of VoIP-Pal's (VPLM) legal proceedings as of March 2025?

The company is actively proceeding with serving defendants while remaining open to discussions for resolution.

What assets does VoIP-Pal (VPLM) currently own in the telecommunications sector?

VoIP-Pal owns a portfolio of patents related to Voice-over-Internet Protocol (VoIP) technology that it is actively seeking to monetize.