General Patent Corporation Settles Patent Suit with Motorola, Inc.

SUFFERN, N.Y., January 19, 1999 - General Patent Corporation (GPC) has reached an out-of-court settlement with Motorola, Inc. in a patent infringement suit brought by GPC in January 1998 to enforce four of GPC's patents which cover specific aspects of PCMCIA devices, PC card modems and other computer communications devices.

"We are very pleased with this settlement," said Alexander Poltorak, GPC's Chairman and CEO. "Motorola is a new bright star in a growing constellation of our licensees which include IBM, Xircom and Zoom to name a few," he added.

The patents include U.S. Patent Nos. 4,543,450 ("Integrated Connector and Modem"), U.S. Patent Nos. 4,603,320 ("Connector Interface"), 4,686,506 ("Multiple Connector Interface") and 4,972,470 ("Programmable Connector").

GPC is an Intellectual Property Management firm headquartered in Suffern, N.Y. GPC offers IP management services to corporate and academic clients as well as individual inventors. These services include patent licensing, patent enforcement, IP portfolio valuation, IP portfolio management, IP related financial services, and international technology transfer. GPC owns several important patent portfolios available for licensing.