Member access

4-Traders Homepage  >  Shares  >  OTC Bulletin Board  >  Copytele Inc    COPY   US2177211099

COPYTELE INC (COPY)

0
SummaryNewsCalendarCompanyFinancialsConsensusRevisions 

Copytele Inc : CopyTele Enters into License Agreement with Elixir Industries

10/22/2013 | 10:37am US/Eastern
Recommend:
0

MELVILLE, NY - October 22, 2013: CopyTele, Inc. ("CTI") (OTCQB: COPY), a company specializing in patent monetization and patent assertion, today announced that its wholly owned subsidiary, J-Channel Industries Corporation, has entered into a license agreement with Elixir Industries, in connection with CTI's patented J-Channel Window Frame Construction technology.

The license is the third license for the J-Channel Window Frame Construction technology, and resolves the patent infringement lawsuit filed against Elixir Industries and Clayton Homes, Inc., on August 7, 2013, which will be dismissed.

On October 10, 2013, the company announced the filing of 19 additional lawsuits in connection with its patented J-Channel Window Frame Construction technology. Estimates indicate that more than 10 million J-Channel windows are sold in the U.S. each year.

In total, CTI and its subsidiary companies currently have 38 active lawsuits across 5 patented technologies including E-Paper Electrophoretic Displays, Nano Field Emission Displays, Key Based Web Conferencing Encryption, J-Channel Window Frame Construction, and Loyalty Conversion Systems.

About CopyTele, Inc.

CTI develops and acquires patented technologies for the purposes of patent monetization and patent assertion. The company currently has 6 patent portfolios in the areas of Key Based Web Conferencing Encryption, E-Paper® Electrophoretic Displays, Nano Field Emission Displays, Micro Electro Mechanical Systems Displays, Loyalty Conversion Systems, and J-Channel Window Frame Construction.  Additional information is available at www.CTIpatents.com.

# # #

Forward-Looking Statements:

Statements that are not historical fact may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but rather reflect CopyTele's current expectations concerning future events and results. We generally use the words "believes," "expects," "intends," "plans," "anticipates," "likely," "will" and similar expressions to identify forward-looking statements.  Such forward-looking statements, including those concerning our expectations, involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements.  These risks, uncertainties and factors include, but are not limited to, those factors set forth in "Item 1A - Risk Factors" and other sections of our Annual Report on Form 10-K for the fiscal year ended October 31, 2012 as well as in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.  We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.  You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented in this press release.

Contact:
Ron Tenio
631-549-5900
rtenio@CTIpatents.com

distributed by
Recommend :
0
React to this article
Latest news on COPYTELE INC
08/14 COPYTELE : Submission of Matters to a Vote of Security Holders (form 8-K)
07/15 COPYTELE : Raises $4 Million in Registered Direct Offering
07/14 COPYTELE : Change in Directors or Principal Officers, Other Events, Financial St..
07/10 COPYTELE : Purchases Patents Covering Technologies Used by Auction Websites
07/08 COPYTELE : Appoints Tisha Stender as Chief Operating Officer and Legal Counsel
07/07 COPYTELE : Announces August 8, 2014 Claims Construction Hearing in Patent Infrin..
07/07 COPYTELE : Sets Date for Annual Meeting of Stockholders
06/30 COPYTELE : Acquires Patents Covering Technologies Used by Auction Websites
06/26 COPYTELE : Announces Annual Meeting of Stockholders
06/23 COPYTELE : Assigned Patent
Advertisement
Dynamic quotes  
ON
| OFF