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To: bigbuk who wrote (4652)12/2/1999 1:58:00 PM
From: LawStor  Read Replies (1) | Respond to of 5041
 
Buk you beat me to the post, ITKG filed

Integral Files Form 10 With The SEC And Prepares Patent Application



Business Editors

BELLINGHAM, Wash.--(BUSINESS WIRE)--Dec. 2, 1999--Integral
Technologies, Inc. (OTCBB:ITKG) has today filed its Form 10 with the
Securities and Exchange Commission.
This filing includes audited consolidated financial statements
for the year ended June 30, 1999 and unaudited consolidated financial
statements for the quarter ended September 30, 1999. Pursuant to the
Rules and Regulations of the SEC and upon the acceptance and approval
of the Form 10 by the SEC, Integral will become a "Reporting Company".
The recent invention by Integral's development team of the
"GPS/CDPD" antenna and the ensuing positive reception from OEM's in
the wireless marketplace, has resulted in Integral fast tracking a
patent application with the US Patent Office. This will be achieved by
filing a "Provisional Patent" with the US Patent Office within the
immediate future.
In filing a provisional patent application, protection is secured
immediately for the applicant. Within one year from the filing date of
the provisional patent, the applicant must file a regular U.S. patent
application claiming priority from the provisional application. The
patent subsequently granted on that regular U.S. application will have
a lifetime of 21 years from the filing date of the provisional
application, provided the regular application is filed at the end of
the one year time period. It is to be noted that the provisional
patent application does not mature into a patent -- rather it expires
after its one year lifetime. It simply gives a subsequently filed
regular patent application the possibility of a 21 year lifetime
measured from the filing date of the provisional application.
Mr. Thor Larsen, consultant to Integral on patent and
intellectual property issues, formerly with IBM, and the holder of
eleven patents of his own, recently carried out an investigation in
conjunction with Integral's patent attorneys into the properties of
the Integral GPS/CDPD antenna, and its possible infringement on other
patented antenna technologies. As a result of this initial
investigation, and based on information currently available,
management of Integral is of the opinion that its new GPS/CDPD antenna
does not infringe on any existing US antenna patents.
Integral's "GPS/CDPD" antenna, as the name indicates is a dual
purpose antenna. The "GPS" antenna is used in radio receivers on the
ground to receive 1.5 GHz signals from global positioning satellites
(GPS) orbiting the earth at an altitude of approximately 23,000 miles.
The "CDPD" antenna is used in transmission/reception of signals in the
824-894Mz range. The Cellular Digital Packet Data network is currently
one technology on the market today, which facilitates wireless
internet access.
The reader is advised that this release contains forward-looking
statements of the Company and a variety of factors could cause the
Company's actual results and experience to differ materially from the
anticipated results or expectations expressed. Additional information
regarding those factors is available upon request.
Statements made in this press release that are not historical
facts, including those related to future market conditions, future
competitors, future partners, market rollouts and future technology,
are forward looking and are made pursuant to the safe harbor
provisions of the Securities Litigation Reform Act of 1995. Such
statements involve risks and uncertainties that may cause results to
differ materially from those set forth in these statements. Among
other things, additional competition from existing and future
competitors may impact the market.
Projections of market size, partners, market acceptance,
technological rollout and competition are estimated based on
preliminary information as well as certain assumptions which
management believes to be reasonable at this time.
For more detailed information on the company and the technologies
described above please visit our web site at www.itechfin.com or
contact Shareholder Relations at 1-888-666-8833.

--30--bf/se*

CONTACT: Integral Technologies, Inc.
Shareholder Relations, 888/666-8833
www.itechfin.com

KEYWORD: WASHINGTON
INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS
PRODUCT
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Dec-02-1999 10:18 GMT
Symbols:
US;ITKG
Source BW Business Wire

Time to get in now.

Regards,

LS