JCM Dismisses Competitor Lawsuit as Frivolous.LAS VEGAS, June 29 /PRNewswire/ -- JCM JCM Journal of Clinical MicrobiologyJCM Journal of Chinese Medicine JCM Japan Collection of Microorganisms JCM Joint Common Missile JCM Journal of Conceptual Modeling JCM Joint Commission Meeting JCM Journal of Composite Materials JCM Job Characteristics Model American Corporation has disputed claims made against the company by a competitor as baseless and intends to vigorously defend its position. MEI's parent corporation has filed a lawsuit against JCM-American and Japan Cash Machine Co., Ltd. for alleged 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. , claiming JCM's revolutionary new UBA (Universal Bill Acceptor acceptor - Finite State Machine ) violates certain MEI patents. (Logo: http://www.newscom.com/cgi-bin/prnh/20030421/JCMLOGO) The UBA made its world premiere at Wynn Las Vegas in April and will make its Mississippi debut at Hard Rock Hotel & Casino in Biloxi in September. Both new properties exclusively chose JCM products for their casinos, including the UBA and the revolutionary ICB ICB Integrated Conference Bridge (Nortel) ICB International Competitive Bidding (international procurement) ICB Individual Case Basis ICB Istituto di Chimica Biomolecolare (Italian) (Intelligent Cash Box). These successes, plus across-the-board acclaim by the major OEM's in gaming, indicate the UBA has gained strong momentum. JCM has stated that this momentum will continue unabated, regardless of this frivolous attempt to slow it down. The company has prepared a letter detailing its position for all its clients. Earlier this year, the UBA was voted one of the Top 20 Most Innovative Gaming Technology Products for 2004 by Casino Journal magazine. JCM Vice President for Gaming Solutions Tom Nieman said, "Given the media accolades and overwhelmingly positive OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and operator acceptance the UBA has received, the court of public opinion has clearly found the UBA is simply a better product than those offered by competitors. We are confident the Federal Courts will find competitor's claims of patent infringement as unfounded as we do. JCM will continue to create leading currency solutions for the gaming industry and for all the industries we serve." About JCM JCM American Corporation is the industry leader in currency handling systems and provides products, software and services to the gaming, vending, banking, amusement, and petroleum industries. Since 1995, its products have validated an estimated $2.2 trillion in currency for the gaming industry alone. From its international headquarters in Osaka, Japan, and subsidiaries in Dusseldorf, Hong Kong, London, Sydney and its U.S. headquarters in Las Vegas, JCM's progressive spirit continually sets worldwide industry standards with innovative products such as the World Bill Acceptor (WBA), Universal Bill Acceptor (UBA), Trident Table Safe System and Intelligent Cash Box (ICB). For more information, visit http://www.jcm-american.com/. CONTACT: Paul Speirs of Steinbeck Communications, +1-702-413-4278, paulspeirs@cox.net, for JCM American Corporation Web site: http://www.jcm-american.com/ |
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