Often overlooked Network-1 Technologies (NYSEMKT:NTIP) owns an important and very valuable piece of intellectual property. Patent number 6,218,930, referred to as the Remote Power Patent, describes a method of sending a low level current to a connected device to determine whether that device is ready to receive power. This technology is critical for modern networks to ensure devices efficiently receive the correct amount of power, without risk of damaging devices. The Remote Power Patent was explicitly mentioned by the standardization taskforce while they were crafting the 802.3af Power of Ethernet (PoE) technical standards back in 2001. The 802.3af standard was eventually adopted in 2003 and is now ubiquitously entrenched in modern data networking equipment.
Network-1 believes that all...
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