| SUFFERN,
NY, June 29, 2001 - General Patent Corporation (GPC),
headquartered in Suffern, New York, and Fairfield Resources
International, Inc. (FRI), headquartered in Stamford,
Connecticut, both leading intellectual property (IP) management
firms, have been retained by John Mickowski of Tymac Controls
Corporation, Franklin, New Jersey, as its exclusive IP
management team.
Mr. Mickowski owns a patented technology for analyzing,
monitoring and/or controlling the process parameters
of die casting, stamping, forging, injection molding,
and plastic forming operations. The technology is protected
by U.S. Patent No. 4,504,920 ("Data Analysis and
Display Method for Reciprocating Equipment in Industrial
Processes"), and U.S. Patent No. Re, 34,559 ("Diagnostic
Method for Analyzing and Monitoring the Process Parameters
in the Operation of Reciprocating Equipment"),
as well as Canadian and European patents.
The validity and enforceability of these patents have
been successfully upheld in the patent infringement
case of John R. Mickowski vs. Visi-Trak Corporation,
et al, brought in the United States District Court for
the Southern District of New York. The case was decided
in 1999 in favor of Mr. Mickowski, the president of
Tymac. The U.S. Court of Appeals for the Federal Circuit
(CAFC) affirmed this decision.
"We have retained GPC and FRI to manage our IP
portfolio because of their well-known reputation and
success in licensing and enforcing patents," said
John Mickowski.
"We are delighted to represent John Mickowski
and Tymac", said Paul Lerner of GPC. "The
Mickowski patents have been extencively and successfully
litigated in the past, and we are confident that we
will be able to extract substantial value from this
intellectual property."
"FRI will offer the Mickowski patents for a non-exclusive
license on attractive terms" said Jimmie Howell
of FRI. "If necessary, GPC will vigorously enforce
the patent rights of our client."
About General Patent Corporation
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; the services include patent
licensing and enforcement, IP portfolio management,
and technology transfer.
For further information on GPC contact Kathy Ingham
at General Patent Corporation, Montebello Park, 75 Montebello
Road, Suffern, NY 10901; telephone: (845) 368-4000 ext.
107; e-mail: info@gpci.com; or visit www.patentclaim.com.
About Fairfield Resources International, Inc.
Fairfield Resources International, Inc. is recognized
around the world for identifying and capturing the full
value of its clients' intellectual assets. With a staff
of internationally respected intellectual asset strategists,
FRI has both the experience and the perspective to help
clients set and achieve aggressive financial goals for
their entire intellectual asset portfolio.
For further information about Fairfield Resources International,
Inc. contact Kathleen Thorik at 1 Landmark Square, Stamford,
CT 06901; telephone (203) 327-5070; fax (203) 326-4931;
e-mail info@frlicense.com ; or visit www.frlicense.com
.
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