Franklin VoIP is an intellectual property company. In 2003 Franklin Telecommunications Corp. merged with Accetio in San Diego and became Franklin Wireless. All Intellectual Property from Franklin Telecommunications Corp. was retained by Franklin VoIP.
This Intellectual Property is the underlying reason for the success of Franklin Telecommunications. Franklin Telecom was a startup in 1984 and had a $1B market cap in 1997.
Some background on Franklin Telecom would provide a better understanding.
The primary business of Franklin Telecom was a variety of hardware in the telecommuncations field. The primary customers had been finance industry with the primary product being the MPP (multi protocol pad). This product was not an ordinary statistical multiplexor but a multi-processor based streams manipulator. The idea of taking a DSP and doing something was a natural dumbing down of the technology while simultaneously expanding the marketplace. Frank Peters understood this, and in spite of the limitations of "the Internet" as a date based network, VoIP was born.
The company had begun to acquire small ISPs initially out of a need for connectivity to test such products as the edge router, with hopes of using patented LAN transmission technology in the marketplace. The additional interface designs for telco circuits such as T1, E1, and PRI placed Franklin into the rarified group of elite companies of Internet Telephony prior to 1996. Franklin was involved in the design, development and distribution of products and services used in Internet e-commerce applications to enable voice, fax and video over the Internet. Franklin designed and developed its own voice processing hardware, created its own industry standard software applications and manufactured turn-key system solutions at its Westlake Village California, HQ.
The core of the Franklin Telecom’s technology was the Tempest Data Voice Gateway, a "carrier class" platform that enabled the rapid deployment, replacement or enhancement of aging Telephony Company based circuit switched central offices with the latest generation of packetized voice to enable voice and image communications over the public Internet or private Intranet data networks. The Company's Tempest product line was also used to voice enable Internet websites enabling real-time voice communications over an Internet connection, through a client multimedia PC and directly to a live operator in a customer care call center.
So why do we care? What role did Franklin play in the Voice Over IP revolution?
The answer lies in a conflation of technology, innovation, copyrights/patents and the future of Voice Over IP.
Voice communications is a multibillion-dollar industry. The products and services that Franklin Telecom produced, supported and sold were done at a time when the idea of Voice Over IP was unprecedented. Subsequent VoIP related patent cases have gone to the courts and millions of dollars have been awarded. Franklin was in the forefront of this emerging industry and Franklin Telecom was operating in this same arena. The larger companies of the time also took exception and filed suit. Over a dozen cases were successfully defensed, at some significant cost.
As of July 1, 1997 the Company holds two major patents on hardware designs in the LAN transmission area and copyrights on over 300 Synchronous Protocol software programs and 30 hardware designs.
The Company relied principally on a combination of patent, contract, copyright and trade secret laws to protect the company's proprietary interest in its products.
There are numerous suits that have settled and are currently pending that Franklin’s Intellectual Property, would invalidate, trump, or otherwise affect the future, past, or present rulings, given the dates in which our products and services existed and ran successfully in the marketplace.
Franklin VoIP is selling our intellectual property in two forms; as a product, or preferably, in equity form.
Any company that is interested in their companies equity growth, utilization and maintenance of their intellectual property, and development, will be interested in investment in Franklin VoIP.