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| Microgaming License Agreement |
12/12/2003 Microgaming has concluded a patent licence agreement with Menashe Business Mercantile Limited and Dr. Julian Menashe. The licence enables Microgaming, its associates and licensees to exploit the technology, used in online casinos, covered by Dr. Menashe's interactive, computerised gaming patents. 'In a young industry like online gaming, it is inevitable that patent and other intellectual property claims are going to be made. Mostly these claims are either misplaced or simply spurious but, in the case of the Menashe suite of patents, Microgaming is pleased to announce that it has negotiated a licence', said Roger Raatgever, the CEO of Microgaming. 'An amicable settlement has been reached between us, as I had hoped, knowing the reputation and standing of Microgaming as a leader in the interactive gaming industry' commented Menashe. |
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