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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)

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To: Mahatmabenfoo who wrote (282)2/22/2002 12:38:35 PM
From: gammaray  Read Replies (1) of 394
 
Your central theme is that Galtech does not own the patent. With all you addressed about the Magpower site it appears that you forgot a very important paragraph as copied below.

"Mag Power's agreement covers U.S. patent No. 5,625,241, which was issued April 29, 1997. To date, to the best of the company's knowledge, there have been no patents issued that are similar. Therefore, the company believes that competition would be limited to the present, standard electric generator and motor technology."

Magpower recognizes the fact that Galtech owns the patent or they would not have covered it in their agreement as stated above. Plain and simple.

Whether or not Magpower can perfect the carousel technology is not my point. My point is and has been that the Magpower lawyer, who has examined the patent document, believes that Galtech owns the patent.

I might also add that I am not offended that Magpower chooses to dress up their site with a simple picture of windmills that connotes the field of energy conservation to which the Carousel generator also applies.
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