Acticon Technologies Awarded Permanent Injunction, Treble Damages, Attorney Fees in Patent Suit Against Lycom, Advance Creative

SUFFERN, NY, February 26, 2008 - General Patent Corporation (GPC) announced today that it obtained a permanent injunction, treble damages and attorneys' fees in its lawsuit against Lycom and Advance Creative, an important victory in its patent enforcement campaign on behalf of its subsidiary, Acticon Technologies LLC (Acticon).

Acticon brought a patent infringement suit against Lycom Technology, Inc. (Lycom) and Advance Creative Computer Corp. (Advance Creative), both of Taiwan, in the U.S. District Court for the Southern District of New York (Case No. 06 Civ 4316). Two other defendants, Heisei Electronics Co., Ltd. of Taiwan and Heisei USA, LLC of Azusa, CA, ultimately agreed to settle the lawsuit and to take a license under the Acticon patents.

Lycom and Advance Creative, however, failed to answer the Complaint, and a default judgment was entered against them. After an inquest on damages, the Court found willful infringement and ordered compensatory damages, treble damages for willfulness, and pre-judgment interest. The Court also found the case exceptional and ordered defendants to pay attorneys' fees and costs, and issued a permanent injunction barring these defendants from selling the infringing products in the U.S.

"This is an example of the lengths to which GPC will go to enforce the intellectual property rights of its clients," said Paul Lerner, Sr. Vice President and General Counsel for GPC.

GPC has successfully represented Acticon in 26 lawsuits and one hundred forty-nine licensing transactions related to these patents.

About General Patent Corporation

General Patent Corporation, headquartered in Suffern, N.Y., is a leading intellectual property boutique focusing on patent licensing and enforcement. GPC represents patent owners in patent enforcement and assertive licensing matters, and assists patent owners with patent infringement claims in patent litigation on a contingency basis. General Patent also provides IP advisory services including IP valuation and IP strategy, as well as technology transfer. General Patent is the oldest patent enforcement firm in the U.S. For more information, visit www.generalpatent.com.

About IP Holdings LLC

IP Holdings LLC, an affiliate of General Patent Corporation, is an IP-centric merchant banking organization. IP Holdings provides IP-related financial services and IP brokerage services. For more information on IP Holdings, visit www.ip-holdings.com.