Taken from their latest 10K
4.8 INTELLECTUAL PROPERTY. The Company has valid, unrestricted and exclusive patents, trademarks, trademark registrations, trade names, copyrights,know-how, technology and other intellectual property necessary to the conduct of its business as set forth on Exhibit L-l. The Company has granted such licenses or has assigned or otherwise transferred a portion of (or all of) such valid, unrestricted and exclusive patents, trademarks, trademark registrations, trade names, copyrights, know-how, technology and other intellectual property necessary to the conduct of its business as set forth on Exhibit L-2. The Company has been granted licenses, know-how, technology and/or other intellectual property necessary to the conduct of its business as set forth on Exhibit L-3. To the best of the Company's knowledge, the Company is not infringing on the intellectual property rights of any third party, nor is any third party infringing on the Company's intellectual property rights. There are no restrictions in any agreements, licenses, franchises, or other instruments which preclude the Company from engaging in its business as presently conducted. |