|Geoworks Revises Terms for Future Licensees|
Posted: 05-Jul-2000 [Source: PRNewswire/Geoworks]
[Geoworks issued this announcement today regarding its "Flexible User Interface patent."]
Alameda, Calif -- "Geoworks Corporation (Nasdaq: GWRX - news), a pioneer in mobile data communications services and technologies, today announced that, as anticipated, it has implemented new licensing terms beginning July 1, 2000 for companies that use its Flexible User Interface patent (US Patent #5,327,529). Geoworks recognizes by the number of requests it has received for additional information that the licensing program is a complex matter. As a result, the company is offering an extension of the previous licensing terms through September 1, 2000 to any company that contacts Geoworks by July 31, 2000.
"Companies currently negotiating license terms will continue to receive the current introductory annual rate of $20,000 and will not be held responsible for any past infringement of the patent if the license is completed by September 1, 2000. Companies that do not become licensees by September 1 will be offered a licensing fee of $100,000 for a 3-year contract and may remain liable for any past infringement of the Geoworks Flex UI patent. Certain server license rates will not be changed. Applicable fees may also be waived for smaller companies.
"Geoworks initially announced its licensing program in January 2000 in accordance with the WAP Forum's Intellectual Property Rights (IPR) guidelines. This licensing program is intended to foster the growth and success of the emerging WAP/WML markets, while recognizing the significant investment Geoworks incurred in developing its patented technology.
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