02.07.2007 09:54:00
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Acacia Technologies Enters into License Agreement with Kofax Image Products
Acacia Research Corporation (Nasdaq:ACTG)(Nasdaq:CBMX) announced today
that its Disc Link Corporation subsidiary, which is part of its Acacia
Technologies group, a leader in technology licensing, has entered into a
license agreement with Kofax Image Products, Inc. covering patents
relating to portable storage devices with links. The agreement resolves
litigation that was pending in the United States District Court for the
Eastern District of Texas with respect to certain Kofax products.
The portable storage devices with links technology generally relates to
products sold or distributed on CDs or DVDs that include a link to
retrieve additional data via the Internet.
ABOUT ACACIA RESEARCH CORPORATION
Acacia Research Corporation comprises two operating groups, Acacia
Technologies group and CombiMatrix group.
The Acacia Technologies group develops, acquires, and licenses patented
technologies. Acacia controls 74 patent portfolios covering technologies
used in a wide variety of industries including audio/video enhancement &
synchronization, broadcast data retrieval, computer memory cache
coherency, credit card fraud protection, database management, data
encryption & product activation, digital media transmission (DMT®),
digital video production, dynamic manufacturing modeling, enhanced
Internet navigation, image resolution enhancement, interactive data
sharing, interactive television, laptop docking station connectivity,
microprocessor enhancement, multi-dimensional bar codes, resource
scheduling, spreadsheet automation, and user activated Internet
advertising.
The CombiMatrix group is developing a platform technology to rapidly
produce customizable arrays, which are semiconductor-based tools for use
in identifying and determining the roles of genes, gene mutations and
proteins. The CombiMatrix's group's technology has a wide range of
potential applications in the areas of genomics, proteomics, biosensors,
drug discovery, drug development, diagnostics, combinatorial chemistry,
material sciences and nanotechnology.
Acacia Research-Acacia Technologies (Nasdaq:ACTG) and Acacia
Research-CombiMatrix (Nasdaq:CBMX) are both classes of common stock
issued by Acacia Research Corporation and are intended to reflect the
performance of the respective operating groups and are not issued by the
operating groups.
Information about the Acacia Technologies group and the CombiMatrix
group is available at www.acaciaresearch.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 This news release contains forward-looking statements within the
meaning of the "safe harbor”
provisions of the Private Securities Litigation Reform Act of 1995. These
statements are based upon our current expectations and speak only as of
the date hereof. Our actual results may differ materially and
adversely from those expressed in any forward-looking statements as a
result of various factors and uncertainties, including the recent
economic slowdown affecting technology companies, our ability to
successfully develop products, rapid technological change in our
markets, changes in demand for our future products, legislative,
regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K, recent and forthcoming Quarterly
Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and
other SEC filings discuss some of the important risk factors that may
affect our business, results of operations and financial condition. We
undertake no obligation to revise or update publicly any forward-looking
statements for any reason.
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