Thanks Jugalator. Charlotte, N.C.-based Scientigop owns two patents (No. 5,842,213 and No. 6,393,426) covering the transfer of "data in neutral forms." These patents, one of which was applied for in 1997, are infringed upon by the data-formatting standard XML, Scientigo executives assert.
Scientigo intends to "monetize" this intellectual property, Scientigo CEO Doyal Bryant said this week.
Rather than seek royalties itself, Scientigo has forged a tentative agreement with an intellectual-property licensing firm that will handle contracts with third parties, Bryant said. A final agreement could be announced early next week, he said.
"We're not interested in having us against the world. We're just looking for ways to leverage an asset; we have pretty concrete proof that makes us feel comfortable saying it is an asset," Bryant said.
Scientigo's claims are the latest to crop up in an industry that is sharply divided over the role of patents.
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News source: CNET News
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