Company Filing History:
Years Active: 2009
Title: David Sumka - Innovator in Telecommunication Services
Introduction
David Sumka is a notable inventor based in Bedminster, NJ (US). He has made significant contributions to the field of telecommunication services through his innovative patent. His work focuses on improving the efficiency of trading accounts between buyers and sellers in this sector.
Latest Patents
David Sumka holds a patent for a "Method and a system for settlement of trading accounts." This invention outlines a method for settling accounts of buyers and sellers of telecommunication services via an online exchange system. The system involves storing data that represents the financial accounts of both sellers and buyers, which includes accounts receivable and cash receipts. A service node receives offers from sellers and requests from buyers, matching them based on specified parameters. The invention also includes generating a route table and configuring a switch node based on this table. Fees are computed based on the usage of matched routes and the financial accounts involved.
Career Highlights
David Sumka is currently associated with Arbinet-thexchange, Inc., where he applies his expertise in telecommunication services. His innovative approach has led to the development of systems that streamline financial transactions in this industry.
Collaborations
Some of his notable coworkers include Chi K Eng and Michael Lemberg, who contribute to the collaborative environment at Arbinet-thexchange, Inc.
Conclusion
David Sumka's contributions to the field of telecommunication services through his innovative patent demonstrate his commitment to enhancing the efficiency of trading accounts. His work continues to impact the industry positively.