The nonexclusive license covers services offered by Cullen/Frost Bankers, Inc. and The Frost National Bank in the “Financial Services Call Processing” Field of Use including customer service delivered through automated systems and live agents. Other terms of the license were not disclosed.
Ron Katz is probably the single biggest private patent licensor/ inventor in history. His strategy of going after infringers from the biggest first is really paying off for him. It remains to be seen if courts will require inventors to actually try to produce products based on their invention rather than just licensing patent rights.