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Technology Stocks : Lightbridge (LTBG)
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To: Nils Mork-Ulnes who wrote (105)1/29/1998 10:56:00 AM
From: JakeStraw   of 202
 
Xiox , Coral Systems settle patent issue

BURLINGAME, Calif., Jan. 29 (Reuters) - Xiox Corp on Thursday said Lightbridge Inc's (LTBG - news) Coral Systems Inc
unit has agreed to pay the company $425,000 as part of a patent dispute settlement.

Xiox, a maker of telephone management and control systems, said added expenses from developing a new product line ''are
likely to have a negative impact on profitability'' in 1998. It said the added costs will primarily be in areas of research and
development and marketing.

In a statement, Xiox said plans to introduce products based on these efforts later this year, with significant revenues from these
products expected to begin in 1999.''
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