General Patent Subsidiary Settles Patent Lawsuit over “Contactless Cards”

Allsafe Technologies Agrees to License Leighton Technologies’ Patent Portfolio

Suffern, N.Y. − October 12, 2010 − General Patent Corporation (GPC), a leading patent licensing and enforcement firm, announced today on behalf of its subsidiary, Leighton Technologies LLC, that it settled a lawsuit regarding Leighton’s six “Contactless Cards” patents. Allsafe Technologies, Inc. of Amherst, N.Y., agreed to settle its lawsuit with Leighton Technologies and take a license for the Leighton patents.

The license with Allsafe Technologies came as the result of the settlement of a declaratory judgment lawsuit, Allsafe Technologies, Inc. v. Leighton Technologies LLC, U.S.D.C., Western District of NY (Buffalo), 1:10-cv-00077.

“We are pleased that the lawsuit filed by Allsafe was amicably settled and that Allsafe agreed to license the Leighton patents,” said Paul J. Lerner, General Patent’s Sr. Vice President and General Counsel.

HID Global Corporation of Irvine, Cal., and Oberthur Technologies Group of Levallois-Perret, France, had previously signed non-exclusive licenses for the Leighton patents.

About Leighton Technologies LLC

Leighton Technologies LLC is the owner of six “Contactless Cards” U.S. Patents:

1. 5,817,207: “Radio frequency identification card and hot lamination process for the manufacture of radio frequency identification cards”
2. 6,036,099: “Hot lamination process for the manufacture of a combination contact/contactless smart card and product resulting therefrom”
3. 6,214,155: “Radio frequency identification card and hot lamination process for the manufacture of radio frequency identification cards”
4. 6,441,736: “Ultra-thin flexible durable radio frequency identification devices and hot or cold lamination process for the manufacture of ultra-thin flexible durable radio frequency identification devices”
5. 6,557,766: “Hot lamination method for a hybrid radio frequency optical memory card converting sheets into a web process”
6. 6,514,367: “Hot lamination process for the manufacture of a combination contact/contactless smart card”

Leighton Technologies is a portfolio company of IP Holdings LLC, and is managed by General Patent Corporation. A non-exclusive license under these patents is available on reasonable terms. For licensing terms, please contact Kathlene Ingham at (845) 368-4000 x107. For more information, please visit www.leighton-tech.com.

About IP Holdings LLC

IP Holdings LLC, a member of the GPC Group of Companies, is an IP-centric merchant banking organization. IP Holdings provides IP-related advisory, financial and IP brokerage services, and operates an idea incubator. IP Holdings is a member of Leighton Technologies. For more information, visit www.ip-holdings.com.