4th Jun 2010 09:09
4 June 2010 iPoint-media plc ("iPoint-media" or "the Company") Potential sale of Patent
iPoint-media plc (AIM:IPNT) announces that it has initiated the process to monetize some of the value locked in certain of its non-core intellectual property. In order to be able to do so, the Company has asked holders of its loan notes for permission to sell its patent "Method and Device for Simultaneous Distribution of Video Voice and Data" (Patent No. US 7,626,949 B2) in a loan note holder meeting to be held on 21 June 2010. The Company will keep the market updated on both the loan note holder vote and progress in its efforts to monetize the value in this patent.
Further enquiries:iPoint-media plc +(0) 972 544 450 667Muki Geller
Libertas Capital Corporate Finance Limited +44 (0) 207 569 9650Andrew McLennan/Thilo Hoffmann .
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