Acacia Research Increases Ownership of Greenwich Information Technologies to 100 Percent.Business Editors/Entertainment Editors PASADENA, Calif.--(ENTERTAINMENT WIRE)--Nov. 2, 2001 Company Owns Worldwide Pioneering Patents for Digital Streaming, Video-On-Demand and Audio-On-Demand Acacia acacia (əkā`shə), any plant of the large leguminous genus Acacia, often thorny shrubs and trees of the family Leguminosae (pulse family). Research Corporation (Nasdaq:ACRI) announced today that it has increased its ownership of Greenwich Information Technologies from 33 percent to 100 percent. Greenwich Information Technologies owns a worldwide portfolio of pioneering patents relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc audio and video transmission and receiving systems, commonly known as audio-on-demand and video-on-demand, used for distributing content via computer networks, cable television systems, and direct broadcasting satellite Broadcasting Satellite or BS is a common name of Japanese communication satellites. First ever satellite of this series, called BSE or Yuri was launched in 1978, last satellite of BS series or BS-3b was launched in 1991. systems. "We will pursue both licensing and strategic business alliances with leading companies in this rapidly growing industry," commented Acacia Research Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Paul Ryan Paul Ryan may refer to:
The worldwide patent portfolio includes five issued U.S. patents and a pending U.S. patent, which will provide coverage until 2011. The U.S. patents include: U.S. Patent No. 5,132,992, U.S. Patent No. 5,253,275, U.S. Patent No. 5,550,863, U.S. Patent No. 6,002,720, and U.S. Patent No. 6,144,702. The European Patent Office has granted patents which provide coverage until 2012 in the following 14 countries: Austria, Belgium, Denmark, France, Germany, Greece, Italy, Luxembourg, Monaco, the Netherlands, Spain, Sweden, Switzerland, and the United Kingdom. International patents have issued covering China, Mexico and Taiwan with pending patents in Japan and South Korea. Greenwich Information Technologies will operate as a wholly-owned consolidated subsidiary of Acacia Research Corporation. About Acacia Research Corporation Acacia Research develops and operates life science and enabling technology companies. The company's core technology opportunity has been developed through its subsidiary, CombiMatrix Corporation. Acacia Research intends to build and acquire companies in the life science and material science fields that will utilize CombiMatrix's biochip biochip Small-scale device, analogous to an integrated circuit, constructed of or used to analyze organic molecules associated with living organisms. One type of theoretical biochip is a small device constructed of large organic molecules, such as proteins, and capable of technology. Acacia Research's website is located at www.acaciaresearch.com. Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, and are not a guarantee of future performance. Actual results could differ materially as a result of a variety of factors, including factors expressed from time to time in the Company's periodic filings with the Securities and Exchange Commission. This release should be read in conjunction with those filings. |
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