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Gold/Mining/Energy : B2B stocks in Canada

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To: mappingworld who wrote ()12/28/1999 12:29:00 AM
From: The Barracudaâ„¢  Read Replies (1) of 115
 
I submit my favorite, a Kaiser rec MMI on the CNDX

Subject 13922

And the Electric Mail Company (I found this one on my own)

Subject 25336

A b2b from a different angle.

pearlltd.com

PEARL To Enforce Patent Covering Internet Standard
October 28, 1999

TORONTO, CANADA, October 28, 1999 - Patent Enforcement and Royalties Ltd. (ASE:PAL) announced today that it has agreed to assist in the enforcement of a patent that covers a number of elements critical to the next generation of web browsers and other Internet-related programs. PEARL invests in patents and other intellectual property by financially assisting patent owners to enforce the rights given to them under patent laws.
Under terms of the funding agreement with UFIL Unified Data Technologies Ltd. (UDTL), PEARL will assist in enforcing the claims of UDTL's U.S. Patent 5,684,985, covering technology that allows different forms of stored digital documents to be searched and accessed more efficiently on the Internet. The patent is believed to be infringed by the many companies building products based on an emerging metadata standard known as the Resource Description Framework (RDF). This standard was issued recently by the World Wide Web Organization, a standards body with more than 100 of the leading information technology companies as members. UDTL, a private company based in Vancouver, British Columbia, claims that RDF relies on technology covered by UDTL's patent.

In return for enforcing the patent, PEARL will receive 50% of any revenues, after legal costs, that are derived from three infringing parties of its choice. PEARL is interviewing a number of U.S. law firms which will assist in notifying the alleged infringers, and enforcing the patent through licensing agreements or litigation.

Brian W. Courtney, Chairman and CEO of PEARL, commented, "We have researched UDTL's claim extensively, and are firmly convinced of its merit. This action has important implications for a major segment of the technology marketplace, and for the sanctity of patents in a rapidly evolving industry. We look forward to participating in the outcome."
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