| FOR IMMEDIATE RELEASE
Cell Phone Manufacturers' License Issue
Minerva Offers Generous Terms
November 1st, 2003 -- Minerva Industries, Inc. is providing the following options to the cell phone manufacturers and line carriers:
- To settle prior to a filed suit: 6% Royalties.
- After a suit has been filed, the rate will be 8% royalties, plus attorneys' fees and other damage charges that may apply. For settlement or license negotiation, contact our patent or trial attorneys.
Note: International roaming calls will be handled separately once the guidelines from the U.S. Government agency are received. Over 50 million visitors use international roaming calls annually. That causes at least 200 million dollars damages in U.S. tax revenues annually. The phone line carriers already have reached a permanent agreement for the international roaming calls with over 120 countries (e.g. AT&T Wireless 120 to 220 countries roaming).
For More Information Contact:
Minerva Industries, Inc.
255 South Grand Avenue, Suite 2004, Los Angeles, California, 90012
Tel: 213-626-3370
Fax: 213-626-3421
E-mail: Gigatec3g@cs.com |
