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Technology Stocks : ESST-the new beginning. -- Ignore unavailable to you. Want to Upgrade?

To: LakesideTrader who wrote (2064)	9/29/1998 10:31:00 AM
From: John Finley	Respond to of 3493

Well, here's the news. Whose patent was it? FREMONT, Calif.--(BUSINESS WIRE)--Sept. 29, 1998--ESS Technology Inc. (NASDAQ:ESST) today announced that the lawsuit alleging patent infringement of U.S. Patent number 5,698,803 has been settled. The lawsuit has been settled to the parties' mutual satisfaction and ESS Technology Inc. is now under license from Creative Technology LTD. regarding sales of its Maestro products. Further terms of the settlement are confidential. ESS Technology ESS Technology Inc. is a leading supplier of PC audio and digital video solutions for the PC and consumer markets. ESS designs, develops, and markets highly integrated mixed signal semiconductor and software solutions for multimedia applications. ESS, headquartered in Fremont, Calif., has sales and technical support offices in Austin and Houston, Texas; Irvine, California; Bellevue, Washington; Beijing and Shenzhen, China; Tokyo, Japan; Taipei, Taiwan; Seoul, Korea; and Hong Kong. ESS Technology is listed on the Nasdaq Market System under the symbol ESST. World Wide Web site: esstech.com CONTACT: ESS Technology Inc. Dale R. Lindly, 510/492-1088 KEYWORD: CALIFORNIA