Potential Disposal of Patent
04 Giugno 2010 - 10:10AM
UK Regulatory
TIDMIPNT
4 June 2010
iPoint-media plc
("iPoint-media" or "the Company")
Potential sale of Patent
iPoint-media plc (AIM:IPNT) announces that it has initiated the process to
monetize some of the value locked in certain of its non-core intellectual
property. In order to be able to do so, the Company has asked holders of its
loan notes for permission to sell its patent "Method and Device for
Simultaneous Distribution of Video Voice and Data" (Patent No. US 7,626,949 B2)
in a loan note holder meeting to be held on 21 June 2010. The Company will
keep the market updated on both the loan note holder vote and progress in its
efforts to monetize the value in this patent.
Further enquiries:
iPoint-media plc +(0) 972 544 450
667
Muki Geller
Libertas Capital Corporate Finance Limited +44 (0) 207 569
9650
Andrew McLennan/Thilo Hoffmann
.
END
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