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Technology Stocks : EDTA (was GIFT)
EDTA 0.000200+300.1%Mar 7 3:00 PM EST

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To: Steven Durrington who wrote (688)8/26/1996 12:24:00 PM
From: ANGELIQUE LEE   of 2383
 
Durro and All, I just received this email notice from Edata:

<NEWS RELEASE>

E-data Contact: Arnold L. Freilich, President
(201) 866-8456 / alfco@planet.net

Legal Contact: David Fink, Esq.
(203) 325-3344

Media Contact: Warren J. Cavior
The Cavior Organization
(212) 687-6070 / caviorg@aol.com

E-DATA FILES 240 PATENT INFRINGEMENT CLAIMS
AGAINST THIRTEEN DEFENDANTS IN NEW YORK COURT
LICENSES TWO MORE IN CONNECTICUT CASE

Secaucus, NJ ...August 26, 1996... E-data Corporation (OTC Bulletin Board:
GIFT) announced today that it has filed 240 specific claims of patent
infringement against thirteen defendants in a suit brought by the company in
U.S. District Court for the Southern District of New York. President Arnold
L. Freilich said that E-data delivered the 281-page document to Judge Barbara
Jones in her chambers on August 23 and that all thirteen defendants should
receive their copies today. "We have been timely and completely responsive
to Judge Jones' request to furnish specific infringement arguments for our
key electronic commerce patent," said Freilich.

The thirteen defendants remaining in the New York suit, after five settled
and were dismissed by E-data, are: Apogee Software Limited; Broderbund
Software Inc. (NASDAQ:BROD); CompuServe Corp. (NASDAQ:CSRV); CyberSource
Corporation; Internet Shopping Network, a subsidiary of Home Shopping
Network, Inc. (NYSE:HSN); Intuit Inc. (NASDAQ:INTU); The Library Corporation;
The McGraw-Hill Companies, Inc. (NYSE:MHP); Soft & Net Distribution S.A.;
Softlock Inc.; Telebase Systems Inc.; Waldenbooks and Ziff-Davis Publishing
Corp.

E-data patent counsel David Fink said that each of the defendants infringes,
on average, about nineteen of the fifty-six patent claims. "Under the law,
infringement of even one patent claim creates liability for a defendant," he
noted. "We are confident that with so many specific and narrowly defined
claims in our patent, E-data will be successful in its enforcement of its
intellectual property rights."

The fifty-six claims of U.S. Patent No. 4,528,643, entitled "System for
Reproducing Information in Material Objects at a Point of Sale Location,"
cover a system and method of electronic distribution of software, type fonts,
digital images and information using certain PC and CD-ROM transactions.
"Dr. Charles Freeny brilliantly conceived systems anticipating the recent
rush of electronic distribution through the Internet and other now economical
channels," said Fink.

Fink stated that Judge Jones has scheduled a conference for September 6 as
the next step in the litigation process, looking to move rapidly to a trial
on infringement.

Freilich also announced that two more defendants in a similiar suit filed by
E-data in Connecticut have licensed, leaving 14 defendants remaining.
Pacific Coast Software, Inc., an automated graphics reseller operating
"Graphics-on-Call" on the World Wide Web, and Astoria Software, a reseller
and service provider utilizing proprietary "Ziplock" technology, have taken
licenses and have been dismissed by E-data from the suit. Terms of their
settlements were not disclosed.

E-data had already licensed IBM, VocalTec, Adobe and seven other companies
with activities on the World Wide Web of the Internet.
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