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SUFFERN, N.Y., July 15, 1999 - General Patent Corporation
International (GPCI) has entered into a license agreement
with 3Com Corporation (NASDAQ: COMS) with respect to
four of GPCI's patents. The patents relate to specific
aspects of PC card modems, network adapters and other
computer communications devices.
The license agreement follows a settlement of the patent
infringement lawsuit brought by GPCI against IBM and
U.S. Robotics in February of 1997. IBM settled the lawsuit
in August of 1997 by licensing GPCI's patents. U.S.
Robotics was subsequently acquired by 3Com.
"We are very pleased to enter into an agreement
with 3Com, an industry leader in mobile communications"
said Alexander Poltorak, GPC's chairman and CEO. "3Com's
willingness to license GPC's patents is the best testimony
of the industry recognition and acceptance our patent
portfolio has achieved," he further noted.
According to Dr. Poltorak, with the 3Com License Agreement,
more than 80% of the PC Card modems and network cards
have been licensed under GPCI's patents.
"3Com is pleased to license these patents from
General Patent Corporation International," said
Sylvio Jelovcich, director of worldwide product marketing
for 3Com's Business Connectivity Group. "3Com continues
to be a leader and innovator in mobile information access
products, including PC Card modems, cellular-capable
modems, combination cards, Ethernet and Fast Ethernet
PC Cards."
The patents include U.S. Patent Nos. 4,543,450 ("Integrated
Connector and Modem"), 4,603,320 ("Connector
Interface"), 4,686,506 ("Multiple Connector
Interface") and 4,972,470 ("Programmable Connector").
These patents are available under favorable terms for
a non-exclusive license from Acticon Technologies LLC,
a division of GPCI.
GPCI was assisted in this transaction by the New York
law firm of Stroock, Stroock and Lavan (SSL), whose
team was led by Steven Pokotilow, head of the SSL IP
department, and by the Technology & Dispute Resolution
Consulting, Inc. (TDRC), whose Atlanta team was led
by David Kennedy, Executive VP of TDRC.
With more than 200 million customers worldwide, 3Com
Corporation connects more people to information in more
ways than any other networking company. 3Com delivers
innovative information access products and network system
solutions to large, medium and small enterprises; carriers
and network service providers; PC OEMs; and consumers.
3Com More connected . For further information,
visit 3Com's press site at www.3com.com/pressbox.
GPCI is an Intellectual Property (IP) Management firm
headquartered in Suffern, N.Y. GPCI offers IP management
services to corporate and academic clients as well as
individual inventors. These services include patent
licensing, patent enforcement, IP portfolio valuation,
IP portfolio management, and international technology
transfer.
Further information on GPCI and its patent enforcement
services is available by contacting General Patent Corporation
International at info @ patentclaim.com.
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