Over $4 Million in Revenue; First Profitable Quarter
CAMPBELL, CA--(Marketwired - Aug 7, 2015) - Inventergy Global, Inc. (
"We are very pleased with these results, which reflect revenue from our first two patent monetization agreements, coupled with strong cost control measures," CEO and Chairman Joe Beyers said. "We are hopeful to be able to deliver more positive results through our team's efforts in capitalizing on our growing pipeline of patent monetization opportunities." Beyers continued, "As a further indication of my belief in and support for Inventergy, on June 26, 2015, I purchased 217,392 shares of Rule 144b Restricted Stock from the company for $100,000 at 46 cents per share, a 24% premium to market."
Full financial details for the three and six month periods ended June 30, 2015 are contained in Inventergy's Form 10-Q which was filed with the SEC today, a copy of which is available on the Company's website at http://ir.inventergy.com/all-sec-filings.
About Inventergy Global, Inc.
Inventergy is a Silicon Valley-based intellectual property company dedicated to identifying, acquiring and licensing the patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, the Company leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies in leveraging the value of their innovations to achieve greater returns. For more information about Inventergy, visit www.inventergy.com.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer