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Wednesday, June 09, 2010 9:19:38 AM
"The Company plans to aggressively defend its intellectual property rights. It is believed that most, if not all, of the current LMDS operators and equipment suppliers infringe on Wytec's U.S. Patent No. 5,923,229, for sectorized, wireless, point to multi-point communications systems. Wytec has been approached by some of these companies with an interest in licensing technology from Wytec. To preserve the integrity of the Wytec brand name and preserve the value of Wytec technology, Wytec will license the technology only where it will facilitate access to markets otherwise closed to the Company. The Company will file for other patents deemed important to protect the technology of the Company."
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