George Gilder - Forbes ASAP Message Board

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Technology Stocks : George Gilder - Forbes ASAP

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To: Dan B. who wrote (2254)	11/4/1999 4:36:00 PM
From: John Stichnoth	Read Replies (2) of 5853

Hi, Dan. For clarity, it seems that DCH's Robust Hydrogen Sensor patent that you referred to is non-exclusive after April 2001. The license is from Sandia. From the SEC filing: ------ The Sandia license agreement defines two fields of use for the licensed technology. The first field of use, covering the petrochemical, energy, waste management, environmental and manufacturing industries, is exclusive to DCH through April 24, 2001. After that date, the license in this field becomes non-exclusive for the remaining term of the license agreement. The second field of use covers all other commercial applications and is non-exclusive. ------(endquote) My interpretation is that while the technology might be disruptive, it is not proprietary to DCH, since anyone else will shortly be able to make the same contract with Sandia. Best, JS

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