General Patent Corporation Licenses Four Patents to ActionTec

SUFFERN, NY, October 6, 1999 - General Patent Corporation (GPC), an intellectual property management company, has entered into a non-exclusive licensing agreement with ActionTec Electronics, Inc., a Sunnyvale, CA maker of modems and other communications equipment. The licenses cover four GPC patents protecting aspects of PC card modems and other communications devices.

"We are pleased to extend licenses on these key patents to ActionTec," said Dr. Alexander Poltorak, GPC's chairman and CEO. "Our proprietary rights in communications technology and computer connectivity continue to be highly-regarded in the marketplace."

GPC's award-winning technology is based on the U.S. Patent Nos. 4,603,320 ("Connector Interface"), 4,686,506 ("Multiple Connector Interface"), 4,972,470 ("Programmable Connector") and 4,543,450 ("Integrated Connector and Modem").

Among other companies previously granted licenses by GPC on this patented technology are IBM, Motorola, 3Com, Xircom, Boca Research and Zoom Telephonics.

General Patent Corporation is an intellectual property (IP) management firm based in Suffern, NY. GPC provides IP analysis and strategy to domestic and foreign businesses, universities, research institutions and inventors. Client services include patent licensing and enforcement, IP portfolio audit and valuation, IP portfolio management, and technology transfer.

For further information on GPC contact General Patent Corporation, Montebello Park, 75 Montebello Road, Suffern, N.Y. 10901; telephone: (845) 368-4000; or e-mail at: info@generalpatent.com.