RACE up 100% at 2 1/8 receives patent for virtual office system,
AN ANTONIO, June 22 /PRNewswire/ -- DATA RACE (Nasdaq: RACE - news) announced today that the United
States Patent and Trademark Office issued patent No. 5,764,639 entitled ''System and Method for Providing a Remote
User with a Virtual Presence to an Office'' earlier this month. The patented system and method provide remote users with
the ability to work outside of the office just as if they were physically located in the corporate office. This technology
makes it possible for the telecommuter and road warrior to work more productively and be more accessible to customers
and co-workers.
''We are delighted to have this patent issue after two and a half years,'' stated W. B. Barker, President and CEO of
DATA RACE. ''The Telepresence(TM) concepts that we invented in 1995 have recently gained real currency in the
market. While it is unusual in the industry for patents to be of substantial strategic value, we believe that the concepts
covered in this patent, embodied in our current Be There!(TM) Remote Access System and in future enhancements, will
be of interest to a very broad segment of the market. We are optimistic that access to this and the other patents that we
have pending will be of substantial interest to various of the prospective partners with whom we are currently in
discussion.''
Simultaneous voice, data, and fax access over a single dial-up phone line gives the Be There! system a critical advantage
over other remote access solutions. In today's corporate environment, productivity is crucial. The ability to make calls
while also sending and receiving data and fax messages over one phone line from wherever you are makes Be There! a
clear winner. But voice access, even with a simultaneous data connection, is not enough to make the remote worker as
productive as the worker in the office. Be There! virtually attaches the remote worker's phone to the office PBX, and
creates the appearance to others that the remote worker is at the corporate office. Such Telepresence(TM) is needed to
make the remote worker as highly effective and accessible as a worker back at the office.
The Company is currently investigating a number of recently-announced products and services from various vendors
which may infringe this patent. The Company intends to aggressively defend its rights under the patent.
About DATA RACE, Inc.
DATA RACE, Inc. (www.datarace.com) designs, manufactures, and markets a line of communications products for
remote access to the corporate environment. Its unique client/server product, the Be There! Remote Access System, gives
teleworkers access to all elements of corporate communications networks from a remote location. Through Be There!,
teleworkers reach the corporate LAN and the Internet while sending and receiving e-mail, faxes and phone calls
simultaneously over a single phone line. DATA RACE also designs and manufactures advanced communications
subsystems for makers of notebook computers and network multiplexers that carry data, voice and fax traffic among a
company's multiple offices.
Risks Regarding Forward-Looking Statements
This press release contains various ''forward-looking statements'' which represent the Company's expectations or
beliefs concerning future events, including the strategic value of the Company's patents, the potential and timing of the
issuance of additional patents, the interest in such patents by current and prospective partners, the potential and timing of
future enhancements to the teleworker products, and customer acceptance of the teleworker products. The Company
cautions that these forward-looking statements involve a number of risks and uncertainties and are qualified by important
factors that could cause actual results to differ materially from those in the forward-looking statements. Such factors
include lack of adequate capital; changing market trends and market needs, uncertainty regarding the breadth of market
acceptance of the teleworker products' performance, uncertainty regarding the length of the teleworker sales process,
rapid or unexpected technological changes, new or increased competition from companies with greater resources that the
Company, lack of market acceptance of new multiplexer products, inability to resolve technical issues or overcome other
development obstacles, and certain other factors set forth in the Company's SEC filings, including the Form 10-K for
fiscal 1997. The Company's failure to succeed in its efforts, including its sales efforts with respect to the teleworker
products, could have a material adverse effect on the Company's financial condition and operations.
DATA RACE and the DATA RACE logo are trademarks of DATA RACE, Inc. registered in the U.S. Patent and
Trademark Office. Be There! is a trademark of DATA RACE, Inc.
SOURCE: DATA RACE, Inc. |
