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13 Apr 2011 07:00
Amphion Innovations plc
Update on U.S. Subsidiary, DataTern, Inc., Patent Litigation
London and New York, 13 April 2011 - DataTern, Inc., a wholly-owned subsidiary of Amphion Innovations plc (AIM: AMP) ("Amphion" or "the Company"), has successfully obtained settlements from suits brought in the U.S. against several, multi-national companies, for enforcement of its U.S. Patents 5,937,402 and 6,101,502 covering Object to Relational Database Mapping technology. Last week, Microsoft Corporation (NASD: MSFT) brought suit against DataTern claiming these patents are not infringed by Microsoft technology and are invalid. DataTerrn will strongly refute these claims by Microsoft and continue to enforce these patents against other infringers.
These patents are entitled to a presumption of validity and the 6,101,502 patent successfully completed a re-examination procedure in the U.S. Patent and Trademark Office in 2009. All 18 claims of this patent were reaffirmed and 26 new claims were added.
Richard Morgan, CEO of Amphion, said:
"DataTern has reached settlements with over 25 companies for over $17 million in license fees using its patented Object to Relational Database Mapping technology. We will vigorously defend the validity, and intend to prove infringement, of the DataTern patents."
For further information please contact:
Amphion Innovations
Charlie Morgan
+1 212 210 6224
Cardew Group
Tim Robertson
+44 (0)20 7930 0777
Seymour Pierce Limited, Nominated Advisor
Freddy Crossley/ Mark Percy
+44 (0)20 7107 8000
About Amphion Innovations plc
Amphion (LSE: AMP) builds shareholder value in high growth 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 8 Partner Companies developing proven technologies targeting substantial commercial marketplaces, each in excess of $1 billion. Each Partner Company is chosen with the goal of achieving an exit valuation in excess of $100 million. 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 that grows rapidly each year.
On the web: www.amphionplc.com
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