BTG Licenses Barnes & Noble to Its Online Navigation Tracking Patents.WEST CONSHOHOCKEN, Pa. -- BTG BTG BIT (Built-In Test) Target Generator BTG Bridging the Gap BTG British Technology Group BtG Betreuungsgesetz (Germany) BTG Biomass Technology Group BV BTG Begbies Traynor Group (LSE LSE - Language Sensitive Editor : BGC BGC General Cable Corporation (stock symbol) BGC Billy Graham Center BGC Baptist General Conference (formerly Swedish Baptist Denomination) BGC Boys & Girls Club BGC Bubblegum Crisis ) today announced it has reached a settlement with BarnesandNoble.com over 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 filed by BTG in September 2004. The financial terms of the settlement with Barnes & Noble are undisclosed. As a result of this settlement, BTG has dismissed its claims and granted Barnes & Noble a non-exclusive license to patents covering technology for tracking the navigational path of a user through the World Wide Web. In August 2005, BTG dismissed similar claims against co-defendant, Netflix, Inc., who also took a license to the patents. BTG's suit continues to be pursued against two remaining defendants - Amazon.com and Overstock.com. Louise Makin, Chief Executive Officer of BTG, commented: "We are very happy to have reached an agreement with Barnes & Noble and we are pleased with the ongoing success of our licensing efforts for these patents." In September 2004, BTG filed suit in Federal Court in Delaware against Amazon.com, BarnesandNoble.com, Netflix and Overstock.com for infringement of patented technology that enables efficient tracking of the movement of Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f between websites and is used in certain online marketing programs. About BTG BTG acquires rights to early stage pharmaceuticals and other medical technologies from a global network of corporations, universities and research institutions. The Company applies resources including finance, intellectual property and project management skills to fund and manage outsourced preclinical preclinical /pre·clin·i·cal/ (-klin´i-k'l) before a disease becomes clinically recognizable. pre·clin·i·cal adj. 1. and clinical development programs. BTG then commercializes the technologies by licensing to pharmaceutical or medical device companies, or by creating companies to exploit them. The Company is also commercializing a range of technologies in the internet and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. areas. BTG's pipeline comprises around 50 assets at varying stages of development, contributing to an increasing range of products marketed by our licensees. BTG operates from London, Philadelphia and Tokyo. For further information visit: www.btgplc.com. |
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