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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (14693)	9/22/1999 9:26:00 PM
From: MGV	Read Replies (2) of 27311

Royalties for Extended Life Liquid Eggs Michael Foods and Patent Holder Receive Favorable Ruling MINNEAPOLIS, Sept. 22 /PRNewswire/ -- Michael Foods, Inc. (Nasdaq: MIKL - news) announced today that it has received a favorable ruling from the U.S. Patent and Trademark Office (PTO) regarding the patents which it licenses from North Carolina State University (NCSU). The patents relate to processes for producing extended shelf-life liquid whole eggs. The PTO's Board of Patent Appeals and Interferences has reversed a patent examiner's rejections of 57 process claims under the NCSU patents licensed to Michael Foods. Importantly, all four patents held by NCSU, and licensed to Michael Foods, covering processes to extend the shelf-life of liquid whole eggs continue to be valid and in full force and effect.

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