LaserSight patent status and Pillar Point settlement.(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :LASE) confirmed today that Pillar Point Partners and LaserSight are in discussions of a settlement of 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. claims brought by Pillar Point Partners against LaserSight. The patent infringement action asserted that LaserSight infringed a scanning patent licensed to Pillar Point Partners by VisX, Inc. On February 8, 1996, LaserSight announced it had received notification from the U.S. Patent Office that its own PRK PRK photorefractive keratectomy. Photorefractive keratectomy (PRK) A procedure that uses an excimer laser to make modifications to the cornea and permanently correct myopia. scanning method and apparatus patent had been approved. The patent covers LaserSight's photo-polishing method and galvanometric gal·va·nom·e·ter n. An instrument used to detect, measure, and determine the direction of small electric currents by means of mechanical effects produced by a current-carrying coil in a magnetic field. scanning delivery system design for ultraviolet (excimer and solid-state) and infrared wavelengths for PRK. CONTACT: LaserSight Inc. Marti Benfield, Investor Relations, 314/469-3220 |
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