Advanced Business Sciences, Inc. Files Infringement Lawsuit Against Pro Tech Monitoring, Inc.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--Jan. 4, 2001 In taking the initiative to aggressively protect its technology advantage, Advanced Business Sciences, Inc. ("ABS") (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ABSH) has filed a patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. lawsuit against Pro Tech Monitoring, Inc, located in Palm Harbor, Florida Palm Harbor is a census-designated place and an unincorporated community in Pinellas County, Florida, United States. As of the 2000 census, the CDP had a total population of 59,248. Culture Palm Harbor is roughly 45 minutes from downtown St.Petersburg and Tampa. . ABS contends that Pro Tech, who provides product to the Criminal Justice industry, is infringing on one of the ABS patents covering the company's proprietary GPS based tracking product. These patents form the basis of the ABS iSecureTrack(TM) product line, which has broad market application. ABS markets involve Criminal Justice, AVL (Automatic Vehicle Location) See mobile positioning. applications, and personal tracking in general. The core of the iSecureTrack(TM) product line is the 2010 personal tracking unit, which is in the pre-production state. John J. Gaukel, President of ABS and author of the patents said "We are committed to defending our Intellectual Property, and see this as a beginning point in that process. We are in the process of collecting information on several other companies in the AVL, criminal justice, and personal tracking market, and will deal with other infringements as soon as the process completes." Advanced Business Sciences, Inc. is an Omaha-based global business-to-business communications and information company, providing a broad line of satellite and wireless solutions for tracking, monitoring and reporting of individuals and assets. Its web address is www.abscomtrak.com. Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor 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. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the companies actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include but are not limited to market conditions, competitive factors, the ability to successfully complete additional financings and other risks. For further risk information please refer to the Company's Form 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. |
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