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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: 24601 who wrote (7856)7/5/1999 6:44:00 PM
From: Golden Bear  Respond to of 11417
 
WAVX patent trouble (from SEC filings)...

(filed 6/29/99)

We have submitted three trademark registrations and intend to apply for additional name and logo marks in the United States and foreign jurisdictions, as appropriate, but we cannot assure you that federal registration of any of these trademarks will be granted.

Claims that our technology may infringe proprietary rights of third parties could have a material adverse effect on our business.

We are aware of four United States patents, each of which has some claim that is similar to some of the claims we have licensed under the patent discussed above. Based upon what we currently know, some of the claims of each of these patents cover certain material aspects of our technology. Therefore,
the commercialization of our technology is subject to the rights of the holder of these patents unless we are able to invalidate or license such claims.

Ouch!!!