December 2002

WALID Transfers Key Internet Patent to IDN Technologies, a Joint Venture with IP Holdings

Internationalized Domain Name Patent to be Licensed and Enforced

Ann Arbor, Michigan,- December 3, 2002 - WALID, Inc. (WALID), a pioneer in internationalized domain name (IDN) technology, announced today that it has decided to aggressively license its patent on internationalizing domain names that enables Internet users worldwide to access domain names and addresses with foreign, non-English characters.