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Technology Stocks : Zi-Corp (ZICA), formerly MCUAF

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To: Kerm Yerman who started this subject2/27/2002 8:40:09 AM
From: leigh aulper   of 2082
 
Zi Successful In Summary Judgment Defense To Tegic Lawsuit

CALGARY, ALBERTA--

California court grants Zi partial summary judgment in its patent infringement defense - eZiText(TM) v 4.5 does not infringe on Tegic's patents

Zi Corporation (NASDAQ: ZICA) (TSE: ZIC), a leading provider of intelligent interface solutions, is pleased to announce that the company has received a favorable order from the District Court for Northern California granting in part its motion for partial summary judgment. The order was granted to the company in its defense against the patent infringement action initiated by Tegic Communications, Inc., a subsidiary of AOL Time Warner, and Asian Communications PTY Ltd. The summary judgment order granted to Zi found, among other things, that:

- Zi's eZiText(TM) product version 4.5 for alphabetic languages does not infringe on Tegic's patents; and

- Tegic can make no claim for damages based on price erosion or lost profits to the extent they are based on Zi's Chinese language products.

As the court noted, "In response, Tegic has failed to submit any evidence raising a triable issue of fact with respect to version 4.5."

"With this decision, Zi can further advance its business plans within the North American marketplace, as the uncertainty caused by this lawsuit has been effectively removed, " said Michael E. Lobsinger, chairman and CEO of Zi Corporation. "The California court has validated our present business strategy and product offering, and we are now focused on moving forward in light of this favorable decision."

The court deferred decision on the validity of Tegic's patents until the trial, which is currently set for August 2002.

A copy of the court order can be viewed on Zi Corporation's website at www.zicorp.com.
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