ISCO International Announces Court Rulings in Patent Litigation
Appeal Process
ELK GROVE VILLAGE, Ill., Feb. 4 /PRNewswire-FirstCall/ -- ISCO International,
Inc. (AMEX:ISO), a leading supplier of interference-control solutions for the
wireless telecommunications industry, announces rulings in the patent
litigation with Superconductor Technologies, Inc., et. al (STI). ISCO filed
patent infringement claims during 2001 that have since been litigated in the
Trial Court and now the Appellate Court.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO ) On February 3, 2005, the Appellate Court issued rulings on the appeals filed by
both parties related to the 2003 jury trial and subsequent Trial Court
decision. The Appellate Court did not change the decision of the Trial Court
-- concluding that it was within the jury's authority to have determined the
patent to be invalid and unenforceable. The Appellate Court further sided with
the Trial Court in denying all of the Defendants' claims of unfair competition. Neither party owes the other as a result of this decision.
"While ISCO continues to believe this was a properly issued, valid, and
enforceable patent," stated Mr. John Thode, President and CEO of ISCO, "we
understand and appreciate that it is difficult to overturn a jury verdict. The
loss of this patent should have no impact on our sales and activities today,
particularly for our ANF(TM) and RF2(TM) product families. This result merely
affirms the ability of any entity to sell the cryogenic receiver front- end
("CRFE") solutions covered by the patent. Our newer, state of the art,
solid-state ANF and RF2 product families are well-positioned to provide
exceptional value to customers, and thus effectively compete against other
products in the marketplace, CRFE or otherwise." Safe Harbor Statement Because the Company wants to provide investors with meaningful and useful
information, this news release contains, and incorporates by reference, certain
"forward-looking statements" that reflect the Company's current expectations
regarding the future results of operations, performance and achievements of the
Company. The Company has tried, wherever possible, to identify these
forward-looking statements by using words such as "anticipates," "believes,"
"estimates," "expects," "plans," "intends" and similar expressions. These
statements reflect the Company's current beliefs and are based on information
currently available to it. Accordingly, these statements are subject to
certain risks, uncertainties and contingencies, which could cause the Company's
actual results, performance or achievements to differ materially from those
expressed in, or implied by, such statements. These factors include, among
others, the following: the Company's ability to obtain current financing to
sustain operations, market acceptance of the Company's technology; the spending
patterns of wireless network operators in connection with the build out of 2.5G
and 3G wireless systems; the Company's ability to obtain additional financing
in the future; the Company's history of net losses and the lack of assurance
that the Company's earnings will be sufficient to cover fixed charges in the
future; uncertainty about the Company's ability to compete effectively against
better capitalized competitors and to withstand downturns in its business or
the economy generally; continued downward pressure on the prices charged for
the Company's products due to the competition of rival manufacturers of
front-end systems for the wireless telecommunications market; the timing and
receipt of customer orders; the Company's ability to attract and retain key
personnel; and the effects of legal proceedings. A more complete description
of these risks, uncertainties and assumptions is included in the Company's
filings with the Securities and Exchange Commission, including those described
under the heading "Risk Factors" in the Company's Annual Report on Form 10-K,
as amended. You should not place undue reliance on any forward-looking
statements. The Company undertakes no obligation to release publicly the
results of any revisions to any such forward-looking statements that may be
made to reflect events or circumstances after the date of this Report or to
reflect the occurrence of unanticipated events.
Web site: http://www.iscointl.com/ http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO http://photoarchive.ap.org/ DATASOURCE: ISCO International, Inc.
CONTACT: Frank Cesario of ISCO International, Inc., +1-847-391-9492, Web site: http://www.iscointl.com/
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