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Technology Stocks : Noise Cancellation Technology (NCTI) -- Ignore unavailable to you. Want to Upgrade?

To: Rob Pierce who wrote (2414)	11/5/1998 5:22:00 PM
From: Jason Flora	Read Replies (1) \| Respond to of 2775

Earnings are out: newsalert.com 10Q filing: freeedgar.com

To: Rob Pierce who wrote (2414)	11/24/1998 12:45:00 AM
From: Rob Pierce	Read Replies (1) \| Respond to of 2775

NCT Group sues Andrea to invalidate patents PR Newswire - November 23, 1998 08:47 MELVILLE, N.Y., Nov. 23 /PRNewswire/ -- Andrea Electronics Corporation (Amex: AND), today announced that a complaint has been filed against the Company in the U.S. District Court for the Eastern District of New York by NCT Group, Inc. (Nasdaq: NCTI; formerly Noise Cancellation Technologies, Inc.) and NCT Hearing Products, Inc., one of NCT's subsidiaries. The complaint involves two of Andrea's patents, U.S. Patent No. 5,732,143 and U.S. Patent No. 5,825,897. These patents relate to certain active noise reduction technology which is particularly applicable to aircraft passenger headphones. Andrea does not currently derive any sales or lisencing revenue from aircraft passenger headphones. The complaint requests a declaration that these two patents are invalid and unenforceable and that NCT's products do not infringe these two patents. The complaint alleges that Andrea has engaged in unfair competition by misrepresenting the scope of the two patents, tortiously interfering with prospective contractual rights between NCT and its existing and potential customers, making false and disparaging statements about NCT and its products, and falsely advertising Andrea's ANR products. The complaint seeks to enjoin Andrea from engaging in these alleged activities and seeks compensatory damages of not less than $5 million, punitive damages of not less than $50 million and plaintiffs' costs and attorneys' fees. Based on a preliminary review of the complaint, and while no assurance can be given as to the ultimate outcome of this matter, Andrea believes that the suit is without merit and intends to vigorously defend itself and to assert any and all appropriate claims against NCT. (more) go2net.newsalert.com Rob Pierce