Press Releases

General Patent to License, Enforce WALID’s Key Internet Patent

SUFFERN, N.Y., January 14, 2003 - IDN Technologies LLC (IDNT) announced today that General Patent Corporation (GPC), a premier patent enforcement firm, will manage the licensing and enforcement of its patent portfolio covering the use of internationalized domain names for the Internet, recently acquired from WALID, Inc. IDNT and GPC are headquartered in Suffern, New York.

IDNT’s patented technology allows Internet users to access web pages and use Internet applications with domain names that include non-English and other special characters, which are known as Internationalized Domain Names (IDN). Currently, the Internet Engineering Task Force’s RFC 1035 standard only permits domain names to include 37 English characters – the letters A-Z, the numbers 0-9, and the hyphen/minus sign “-”. The restriction on the types of characters permitted in domain names has hampered the proliferation of the Internet in non-English-speaking countries. IDNT’s patented technology is expected to satisfy the pent-up demand of non-English speaking Internet users, and also fully complies with the proposed standard for Internationalizing Domain Names in Applications, recently approved by the Internet Engineering Steering Group on October 24, 2002.

“IDN Technologies is exploring a number of alternatives pertaining to the licensing and enforcement of its patents,” said Alexander Poltorak, Chairman & CEO of GPC. “We would like the technology to be widely available to the world’s Internet users so as to promote the growth and usage of IDNs,” he added. “To that end, IDN Technologies intends to offer the patents for license on attractive terms.”

“At the same time, if necessary, GPC will vigorously enforce the patent rights of IDN Technologies,” said Neil Cohen, GPC’s Assistant General Counsel, who is spearheading IDN Technologies’ licensing and enforcement campaign.

“While we recognize that some in the Internet community believe that IDNT’s patents should be donated to the public, we believe that the millions of dollars invested in the development of the technology and the creativity and foresight of the inventor, Dr. Walid Tout, must be recognized and adequately compensated,” added Mr. Cohen.

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WALID Transfers Key Internet Patent to IDN Technologies, a Joint Venture with IP Holdings

Internationalized Domain Name Patent to be Licensed and Enforced

Ann Arbor, Michigan,- December 3, 2002 - WALID, Inc. (WALID), a pioneer in internationalized domain name (IDN) technology, announced today that it has decided to aggressively license its patent on internationalizing domain names that enables Internet users worldwide to access domain names and addresses with foreign, non-English characters.

To this end, WALID has transferred ownership of its key Internet patent and related intellectual property (IDN Patents) to IDN Technologies LLC (IDNT) with a mandate to license and enforce the IDN Patents. IDNT is a joint venture between WALID and IP Holdings LLC (IP Holdings), an intellectual property incubator focused on patent commercialization.

The IDN Patents provide fundamental and key technology for IDNs. The Internet Engineering Task Force’s RFC 1035 standard does not allow non-English characters in domain names, which has hampered the proliferation of the Internet in non-English-speaking countries.

Using the IDN patented technology, Internet users can access web pages and use various Internet applications with domain names that include foreign language and other special characters.

The popularity of IDNs is expected to surge in view of the pent-up demand of non-English speaking Internet users and the Internet Engineering Steering Group’s recent approval on October 24, 2002 of a proposed standard for “Internationalizing Domain Names in Applications”.

“We plan to pursue an aggressive licensing program to ensure the broad proliferation of Walid’s technology,” said Alexander Poltorak, managing director of IP Holdings. “Walid has created a fundamental technology which will undoubtedly drive the next round of Internet expansion into the non-English-speaking world. Soon people will be free to speak their native tongue anywhere on the Internet.”

“Over the past several years, WALID tried to commercialize the patented technology,” said Dr. Walid Tout, WALID’s co-founder and the inventor of the patented technology. “Now that our technology is a de facto standard, we are confident that IDN Technologies, backed by IP Holdings, will successfully license our patents to the Internet industry,” he concluded.

Dr. Tout’s IDN technology makes it possible for foreign language users to go beyond the English characters that currently control the Internet domain names. Using the patented technology, Internet users can access web pages and use various Internet applications with domain names that include foreign language and other special characters. This proprietary technology is protected by the U.S. Patent No. 6,182,148, pending U.S. patent applications and corresponding foreign patent applications.

IDNT is exploring a number of alternatives pertaining to the licensing of the IDN Patents, including ways to make the technology widely available so as to promote the growth and use of IDNs.

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Moen Technologies LLC Retains General Patent Corporation to Manage its Intellectual Property Portfolio

SUFFERN, NY, January 2001 — General Patent Corporation (GPC), an Intellectual Property (IP) management firm headquartered in Suffern, New York, has been retained by Moen Technologies LLC (Moen) as its exclusive IP management agent.

Moen Technologies LLC is a portfolio company of IP Holdings LLC, an affiliate of General Patent Corporation. It was recently established to exploit three patents related to debit-platform telecommunications. Limited access telecommunications, as thought in the Moen patents, is broadly used in promotional prepaid phone cards and in credit card phone activation.

“We have retained GPC to manage our IP portfolio because of GPC’s well-known success in licensing and enforcing other electronics and telecommunications patents,” said Arthur J. (Skip) Moen, a Moen Technologies co-founder and one of the inventors of the technology. “We are confident that GPC will succeed in enforcing our patents, which are infringed by many domestic and international companies involved in prepaid phone cards and credit card phone activiation.”

“GPC intends to offer the Moen patents for a non-exclusive license on very attractive terms” said Alexander Poltorak, the Chairman and CEO of GPC. “At the same time, if necessary, GPC will vigorously enforce the patent rights of our client.”

General Patent Corporation is a leading, international IP management firm. GPC provides IP analysis and strategy to domestic and foreign businesses, universities, research institutions and inventors. Client services include patent licensing and enforcement, IP portfolio audit and valuation, IP portfolio management, and technology transfer.

For further information on GPC contact General Patent Corporation, Montebello Park, 75 Montebello Road, Suffern, NY 10901; telephone: (845) 368-4000; e-mail: info@gpci.com; or visit www.patentclaim.com.

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