FYI
Thursday April 15, 12:55 PM (EST)
E-DATA COMMENCES APPEAL IN INTERNET PATENT CASE
GREENWICH, Conn., April 15 /PRNewswire/ -- E-Data, Inc., (OTC Bulletin Board: EDTA) announced today that it is proceeding with an appeal
of a District Court ruling to the Court of Appeals for the Federal Circuit. In May of 1998, District Court Judge Barbara Jones rendered a ruling which
interpreted the claims of E-Data's Freeny Patent. Under Judge Jones' narrow interpretation, a system which downloads information onto a material
object at a kiosk or retail store, for example, would infringe the claims of the Freeny Patent. E-Data strongly believes that the District Court erred in
interpreting the claims so narrowly. E-Data's patent counsel, Graham & James, is in the process of preparing the appeal. In order to expedite the
appeal, E-Data agreed to a dismissal of the District Court case.
E-Data intends to pursue licenses with parties who infringe the claims of the Freeny Patent under the District Court's interpretation. E-Data owns
related patents in Europe and Canada which survive for a longer period than the United States patent. E-Data will be exploring opportunities to
exploit these patents, as well.
This press release contains certain forward-looking statements relating to such matters as anticipated financial performance, business prospects,
technological developments, new products, research and development activities and similar matters. The Private Securities reform Act of 1995
provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of
factors could cause the Company's actual results to differ materially from the anticipated results of other expenditures expressed in the Company's
actual results to other expenditures expressed in the Company's forward-looking statements.
E-Data, Inc.'s, common stock is traded in the over-the-counter market under the trading symbol, "EDTA." To receive a current Corporate Profile
and complete due diligence package on the Company, please call Fifth Avenue Communications at 1-800-992-6616 or visit their web site at:
www.stocksfifthavenue.com or e-mail your request to: fifth@juno.com
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