Affinity Files Patent Infringement Complaint.Business Editors COLUMBIA, S.C.--(BUSINESS WIRE)--June 10, 2003 Affinity Technology Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AFFI) today announced that its patent licensing subsidiary, decisioning.com, Inc., has filed a complaint in the United States District Court United States District Court In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court. in Columbia, South Carolina Columbia is the state capital and largest city of South Carolina. As of 2006, estimates for the population of the city proper is 122,819[1]. Columbia is the county seat of Richland County, but a small portion of the city extends into Lexington County. against Federated Connected and treated as one. See federated database and federated directories. Department Stores, Inc. and certain of its subsidiaries, including FDS FDS Fim-De-Semana (Portugese: weekend) FDS Federated Department Stores, Inc. FDS Fiche de Données de Sécurité (Material Safety Data Sheets) FDS Famicom Disk System FDS Faculty of Dental Surgery Bank. In its complaint, decisioning.com alleges that Federated Department Stores and certain of its subsidiaries have infringed one of the Company's patents (U. S. Patent No. 6,105,007). About Affinity Technology Group, Inc. Through its subsidiary, decisioning.com, Inc., Affinity Technology Group, Inc., owns a portfolio of patents that cover the automated processing and establishment of loans, financial accounts and credit accounts through an applicant-directed remote interface, such as a personal computer or terminal touch screen. Affinity's patent portfolio includes U. S. Patent No. 5,870,721, No. 5,940,811, and No. 6,105,007. Forward-looking statements in this news release 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. We caution investors that these statements and our business are subject to risks and uncertainties that may cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to: our ability to negotiate and enter into revenue-generating license agreements in connection with our patent licensing program; the outcome of any litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. commenced in connection with our patent licensing program (including our litigation against Federated Department Stores, Inc.); our ability to raise additional capital resources sufficient to continue our business operations; and the outcome of challenges to our patents by the U. S. Patent and Trademark Office and/or third parties, which may result in the loss of all or part of the claims covered by our patents. We do not undertake any obligation to announce publicly any developments, events or circumstances that occur after the date of this news release regarding our business or our patent licensing program, including any developments, events or circumstances that may arise in connection with our litigation against Federated Department Stores, Inc. |
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