Optimal Robotics Responds to Allegations by International Automated Systems MONTREAL, Jan. 10 /PRNewswire/ -- Optimal Robotics Corp. (Nasdaq: OPMR) today issued the following statement in regard to the civil action complaint filed by International Automated Systems, Inc. ("IAS") on July 2, 1999 and in response to IAS' press release of January 7, 2000.
In each of 1995 and 1996, Optimal Robotics received lawyers' correspondence from IAS alleging patent infringement. IAS' claims were reviewed by Optimal Robotics with patent counsel and, as disclosed in subsequent public filings by Optimal Robotics, Optimal Robotics maintains that the allegations are without merit. Optimal Robotics is vigorously defending against the claim.
Optimal Robotics is puzzled by IAS' press release of January 7, 2000, as it comes more than six months after the filing of its complaint against Optimal Robotics and nearly three months after Optimal Robotics' answer to such complaint on October 22, 1999.
Optimal Robotics Corp. is the leading provider of self-checkout systems in supermarket chains and superstore retailers throughout North America. The company's principal product is U-Scan(R) Express, an automated self-checkout system which enables shoppers to scan, bag and pay for their purchases with limited or no assistance from store personnel.
In addition to historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. The Company's future actual results could differ materially from the forward- looking statements contained herein. Reference should be made to filings with the Securities and Exchange Commission for further discussions of factors that could affect the Company's future results.
For more information, please contact Robin Yaffe at Optimal Robotics, 514-738-8885 or Jane Dalzell at Edelman Public Relations, 212-704-8253.
SOURCE Optimal Robotics Corp. -0- 01/10/2000 /CONTACT: Robin Yaffe of Optimal Robotics, 514-738-8885; or Jane Dalzell of Edelman Public Relations, 212-704-8253, for Optimal Robotics/ /Web site: optimal-robotics.com |