Network-1 Technologies awarded new U.S. patent; M2M/IoT portfolio now 55 patents worldwide

NETWORK-1 TECHNOLOGIES, INC.

U.S. Patent No. 12,166,869 covers key derivation for eSIM authentication in IoT, M2M, and mobile devices including autos.
M2M/IoT Patent Portfolio includes 40 issued U.S. patents (7 pending) and 15 non-U.S. patents; term extends to 2033-2034.
eSIM profile downloads increased 109% in 2023; total eSIM device shipments approximated 374 million units per TCA.
Network-1's Remote Power Patent has generated over $188M in licensing revenue from May 2007 to Sept 2024.

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