Allsafe Technologies Agrees to License Leighton Technologies’ Patent Portfolio

Suffern, N.Y. − October 12, 2010 − General Patent Corporation (GPC), a leading patent licensing and enforcement firm, announced today on behalf of its subsidiary, Leighton Technologies LLC, that it settled a lawsuit regarding Leighton’s six “Contactless Cards” patents. Allsafe Technologies, Inc. of Amherst, N.Y., agreed to settle its lawsuit with Leighton Technologies and take a license for the Leighton patents.

The license with Allsafe Technologies came as the result of the settlement of a declaratory judgment lawsuit, Allsafe Technologies, Inc. v. Leighton Technologies LLC, U.S.D.C., Western District of NY (Buffalo), 1:10-cv-00077.

“We are pleased that the lawsuit filed by Allsafe was amicably settled and that Allsafe agreed to license the Leighton patents,” said Paul J. Lerner, General Patent’s Sr. Vice President and General Counsel.

HID Global Corporation of Irvine, Cal., and Oberthur Technologies Group of Levallois-Perret, France, had previously signed non-exclusive licenses for the Leighton patents.

About General Patent Corporation

General Patent Corporation, headquartered in Suffern, N.Y., is a leading intellectual property boutique focusing on patent licensing and patent enforcement. GPC assists patent owners facing patent infringement with patent litigation on a contingency basis. General Patent also provides IP advisory and brokerage services. GPC is the oldest patent enforcement firm in the U.S. For more information, visit www.generalpatent.com. General Patent is the managing member of Leighton Technologies LLC.

About IP Holdings LLC

IP Holdings LLC, a member of the GPC Group of Companies, is an IP-centric merchant banking organization. IP Holdings provides IP-related advisory, financial and IP brokerage services, and operates an idea incubator. IP Holdings is a member of Leighton Technologies. For more information, visit www.ip-holdings.com.