Network-1 announces new U.S. patent for eSIM authentication; M2M/IoT portfolio now 51 patents

NETWORK-1 TECHNOLOGIES, INC.

U.S. Patent No. 11,916,893 issued for embedded SIM (eSIM) two-factor authentication technology.
M2M/IoT patent portfolio expanded to 51 patents (37 U.S. issued, 14 non-U.S. issued).
Total eSIM device shipments in 2022 reached approximately 427 million units, per Trusted Connectivity Alliance.
Patent terms for the portfolio currently extend until 2033-2034; further issuances expected.
Company's Remote Power Patent has generated over $187M in licensing revenue through Sept 2023.

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