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To: Mike E. who wrote (28917)12/18/2000 3:14:55 PM
From: delmarbill  Read Replies (2) | Respond to of 42804
 
Anybody know if this Nortel issue was discussed at the shareholders meeting?

Our OptiSwitch(TM) and other of our products may ultimately be determined
to infringe the Nortel patent, or those of other companies. Nortel or other
companies may pursue litigation with respect to their or other claims. The
results of any litigation are inherently uncertain. In the event of an adverse
result in any litigation with respect to intellectual property rights relevant
to our products that could arise in the future, we could be required to obtain
licenses to the infringement technology, to pay substantial damages under
applicable law, to cease the manufacture, use and sale of infringing products or
to expend significant resources to develop non-infringing technology. Licenses
may not be available from third parties, including Nortel, either on
commercially reasonable terms or at all. In addition, litigation frequently
involves substantial expenditures and can require significant management
attention, even if we ultimately prevail. Accordingly, any infringement claim or
litigation against us could significantly harm our business, operating results
and financial condition.



To: Mike E. who wrote (28917)12/19/2000 9:34:33 AM
From: NDBFREE  Read Replies (1) | Respond to of 42804
 
Excerpt from recently filed OA S-1/A relating to patents. I have to assume one of the pending Jolt patents is the one Dr. Medved mentioned in the IsraelInvestor interview last Spring.
"Our strategy is to actively pursue and acquire patent protection in the United States and foreign jurisdictions for technology that we believe to be proprietary and that offers a potential competitive advantage for our inventions
and technology. We own six issued U.S. patents, five issued foreign patents, thirteen patents pending in the United States, and two Patent Cooperation Treaty patent applications on various aspects of optical laser network and wireless network technologies. Three patents and eight patents pending acquired in connection with the AstroTerra Corporation acquisition as well as five patents and two patents pending acquired in connection with the Jolt Limited acquisition have substantial importance to our line of TereScope products. Assuming all maintenance fees are paid, the six U.S. patents will expire between 2013 and
2018. Assuming all annuities are paid, the five foreign patents will expire between 2012 and 2015. We intend to continue to acquire rights to and to file patent applications for various aspects of our technology in the United States and abroad. We also use copyright and trademark law to protect our proprietary information."