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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Pronichev who wrote (7130)	1/15/1999 3:01:00 PM
From: kolo55	Respond to of 27311

I won't comment on that Eveready patent at this time. However, Eveready did have some old patents on certain technology related to this subject. Here is a clip from Ultralife 10K that lists some (currently expired) patents: In September 1997, a legal action was commenced by Eveready in the Northern District Court of Ohio, Eastern Division, alleging infringement of two patents, U.S. Patent No. 4,246,253 and U.S. Patent No. 4,312,930. The first of these patents had six months before it expired and the second approximately ten months. The Company cross-claimed against the corporation that licensed the technology at issue to the Company. The license concerned certain technology incorporated in the Company's rechargeable batteries. In May of 1998, the action was settled. Terms of the settlement included purchase of the licensed technology by the Company from Eveready for $350,000 and dismissal of the action against the corporation that licensed the technology at issue to the Company. Paul