June 16, 2003 1:00PM
THE PINAX GROUP, INC. TO LICENSE CLIO® DESIGN PATENTS
The Pinax Group will license award-winning intellectual property.
New Orleans, Louisiana - June 16, 2003 - The Pinax Group, Inc. today announced the availability of worldwide licenses for its patented SwingTop® design utilized by the awarding-winning PC companion, Clio®. The SwingTop® industrial design is protected by numerous globally-registered patents."The Pinax Group is presently in various stages of discussions with several companies worldwide to license our intellectual property related to the exciting SwingTop® industrial design," said Robert Sowah, The Pinax Group’s Chief Executive Officer. "Our clients have been asking for the next generation Clio® in both a traditional ‘thin client’ format as well as in Windows® XP tablet, Smart Display, and PDA versions. The availability of the Clio® design presents an immediate opportunity for our partners and licensees to introduce mobile computing products that are clearly differentiated from the current convertible product. I am confident that loyal Clio® customers will be very excited to see the next generation of Clio®-inspired products expected to be produced in the near future."
About The Pinax Group, Inc.
The Pinax Group, Inc. manufactures, sells, and supports the award-winning handheld personal computer, Clio®, a three pound, 9" x 11", convertible PC-like device that is known for its versatility and portability. Its unique SwingTop® design enables it to function either as a touch-screen tablet with handwriting recognition or as a more traditional notebook with a nearly full-sized keyboard. In addition to manufacturing, The Pinax Group also maintains a global intellectual property portfolio related to the Clio® and its industrial design.
This release includes forward-looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There is no obligation to revise or update any forward-looking statements.
Please visit www.pinaxgroup.com for more information or contact:
The Pinax Group, Inc.
650 Poydras Street, Suite 1476
New Orleans LA 70130
Main Phone: 504.299.3476
Main fax: 504.737.4749
Manufacturers and ODM/OEM’s interested in licensing opportunities may contact: