2 Feb 2012 07:00
Amphion Innovations plc
Second DataTern Patent Approved
London and New York, 2 February 2012 - Amphion Innovations plc (LSE: AMP) ("Amphion" or the "Company"), the developer of medical and technology businesses, is pleased to announce today that its wholly-owned subsidiary, DataTern Inc., has received from the United States Patent and Trademark Office ("USPTO") a Notice of Intent to Issue Ex Parte Reexamination Certificate confirming the patentability of the original 20 claims of the U.S. Patent No. 5,937,402 ("402") as well as three clarifying patent claims added during the reexamination. This determination by the USPTO is an important part of further validating our outstanding patents.
In 2009, Amphion announced that the 6,101,502 ("502") patent had successfully completed reexamination by the USPTO and was reissued with all 18 original claims intact and 26 new ones added. The positive outcomes for both reexaminations increase our confidence in the fundamental strength of these technologies and patents. DataTern is currently enforcing its patents against companies that are using the patented technology without DataTern's permission.
DataTern, a wholly-owned subsidiary of Amphion Innovations plc., fosters innovation by helping companies develop and commercialise promising technologies, including in the IT and healthcare sectors. DataTern is represented by McCarter & English LLP in Boston.
Richard Morgan, CEO of Amphion, commented:
"This outcome is an important validation of the strength of DataTern's IP. Both key patents 402 and 502 have now been reexamined by the USPTO with positive outcomes. The result is another important milestone for the development of our IP program with our new legal partners McCarter & English LLP. We look forward with increased confidence to positive results in the existing cases and gaining additional licensing revenues from these and other companies using our technology in the future."
Amphion Innovations plc
Charlie Morgan +1 212 210 6224
DataTern, Inc.
John Caruso +1 212 210 6248
McCarter & English LLP
Lee Carl Bromberg +1 617 449 6538
Erik Paul Belt +1 617 449 6506
Seymour Pierce Limited (Nominated Advisor)
Freddy Crossley/ Mark Percy +44 (0)207 107 8000
Cardew Group
Tim Robertson +44 (0)207 930 0777
About Amphion Innovations plc
Amphion (LSE: AMP) builds shareholder value in emerging companies in the medical and technology sectors, by using a focused, hands-on company building approach, based on decades of experience in both the US and UK. Amphion has significant shareholding in 7 Partner Companies developing proven technologies targeting substantial commercial marketplaces. The Amphion model has been refined to optimise the commercialisation of patents and other intellectual property within the Partner Companies. The Partner Companies collectively own or control over 200 separately identified pieces of intellectual property, a number which grows rapidly each year.
On the web: www.amphionplc.com