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Autobytel Inc. Granted U.S. Patent For Purchase Request System
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| Patent Positions Company to Further Extend lead in Online Commerce |
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| Updated |
Jun 10, 2004 21:52:44 |
| Rating |
 35 ( -6 -17.14% ) |
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Description:
Irvine, CA-December 18, 2001-- Autobytel Inc. (Nasdaq: ABTL), the diversified automotive marketing services company, has been issued a patent entitled "Real Time Communication of Purchase Requests" by the U.S. Patent and Trademark Office. Patent No. 6,282,517 is directed toward an innovative method and system for forming and submitting Purchase Requests over the Internet and other computer networks.
"We are encouraged that the Patent Office has recognized the unique nature of the Autobytel technology which is helping to revolutionize the automotive and other industries," said Jeffrey Schwartz, President and CEO of Autobytel Inc. "Autobytel's patented system has contributed to the company's position as the undisputed leader in online car sales. As our business continues to diversify and expand, we intend to obtain patents on Autobytel proprietary technology that, we believe, will continue to drive innovations in the automotive and many other industries."
The new patent is directed toward an improved method of communicating a Purchase Request from a consumer to a supplier of goods or services. The method permits suppliers of goods or services to provide enhanced customer service by making the purchasing process convenient and enjoyable for consumers as well as suppliers. The patent is also directed toward the communication system used to bring consumers and suppliers closer together. By improving communication, Autobytel's proprietary technology attracts both consumers and suppliers to use Autobytel's services and improve the entire purchasing process. |
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