Another Digimarc Patent Validated in Re-Examination; U.S. Patent Office Concludes Re-Examination of Third Patent Related to Verance Lawsuit, Expanding Number of Patent Claims.Business Editors TUALATIN, Ore.--(BUSINESS WIRE)--May 15, 2002 Digimarc Corp. (Nasdaq:DMRC DMRC Digimarc Corporation (stock symbol) DMRC Delhi Metro Rail Corporation (India) DMRC Digital Mobile Radio Communications ), the leader in digital watermarking solutions, announced today that the U.S. Patent Office re-examination of Patent Number 5,850,481 has concluded with an award of 45 patent claims to Digimarc -- an increase of 8 claims over the 37 included in the patent as originally issued. "This Patent Office action concludes the third patent re-examination out of four related to Digimarc's pending 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. 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. against Verance Corporation," said Bill Conwell, Digimarc's vice president of intellectual property. "For a third time, re-examination has concluded with an expansion of the number of claims infringed by Verance." Patent Numbers 5,636,292; 5,832,119; and 5,850,481 have now been confirmed in Digimarc's favor. Re-examination of the fourth patent is continuing. About Digimarc Digimarc Corp. (Nasdaq:DMRC), based in Tualatin, Ore., is the leading provider of digital watermarking components and technologies used in a wide range of security, identification and brand protection applications. Digimarc ID Systems LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , based in Bedford, Mass., and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Digimarc, is a leading global provider of secure and durable personal identification solutions, and is the leading producer of drivers licenses in the U.S., providing systems and services to 36 states. Internationally, Digimarc ID Systems produces identification documents for governments around the world. Digimarc has an extensive intellectual property portfolio, with 60 issued U.S. patents with more than 1,000 claims, and more than 300 pending applications for U.S. patents, in digital watermarking, personal identification and related technologies. Please go to www.digimarc.com for more company information. Securities 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. With the exception of historical information contained in this release, the matters described herein contain certain "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. These statements are based on management's current reasonable expectations and are subject to certain assumptions, risks, uncertainties and changes in circumstances. Actual results may vary materially from those expressed or implied from the statements herein or from historical results, due to changes in economic, business, competitive, technological and/or regulatory factors. More detailed information about these factors is set forth in filings by Digimarc with the Securities and Exchange Commission, including the most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and the most recent quarterly report on Form 10-Q. Digimarc is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. to (and expressly disclaims any obligation to) revise or update any forward-looking statements in order to reflect events or circumstances, whether they arise as a result of new information, future events, or otherwise. |
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