Acticon Technologies Acquires Partial Rights Consolidating its Interest in the Three Important Connector Patents

Rights Cover Smart Connectors and Other Computer Communications and Interconnectivity Hardware Components and Devices

MONSEY, NY, February 19, 1997 - Acticon Technologies, a Division of General Patent Corporation ("GPC"), has acquired a one half interest in three important connector patents from Anico Research, Ltd., a Mt. Kisco, NY R&D company. GPC is a technology transfer company headquartered in Monsey, NY.

The transaction included purchase of the remaining 50% rights to three patents, including the "Connector Interface", U.S. Patent # 4,603,320; "Multiple Connector Interface", U.S. Patent #4,686,506 and the "Programmable Connector Interface", U.S. Patent #4,972,470. Devices covered by these patents include smart connectors, PCMCIA modems and PC combo cards among others.

"General Patent Corporation, a technology transfer company, is in an excellent position to license our technology and enforce our rights under these patents," said Steven Farago, the inventor of the patented smart connectors and President of Anico Research, Ltd.

Last year GPC settled its dispute with Rapitech Systems, Inc. over the initial 50% stake in some of these patents. The acquisition from Anico consolidates GPC's interest in the technology, giving it 100% rights in these patents.

"These basic patents, together with the other patents related to PCMCIA modem technology owned by GPC, give us a strategic position in the growing PC Card and Smart Connector industries," said Dr. Alexander Poltorak, chairman and CEO of GPC.