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1/28/2008
ICT, Ready for the new US $5 Bills

ICT will release software for the new $5 notes on February 1, 2008.  Software will be available for all current production models of ICT bill acceptors.  All units shipped as of February 1, 2008 will have the newest software version already installed and will be capable of accepting the new notes the day they enter circulation.

All flash-capable unitscan be updated by using the FP-001 field programming device.  The FP-001 isreusable and re-programmable, and can be used with all ICT flash-capable units.FP-001 programming units are available from all ICT distributors.  Instructions areincluded with the unit, can be viewed online at:
http://www.ictgroup.com.tw/en/Products/Programmer/FP-001/FP-001.htm

Call us directly if you have any questions about updating your ICT bill acceptors at:
+ 1-510-353-0289

For information on the new $5 note or other items of United States currency go to http://www.moneyfactory.gov/, the official website for the Bureau of Engraving and Printing of the United States Treasury Department.  


4/20/2006
A settlement agreement was entered between International Currency Technologies and MEI to end patent litigation. International Currency Technologies Corporation and International Currency Technologies, Inc. (collectively, "ICT") and West Chester, Pennsylvania and Fremont, California(March, 2006) Mars, Incorporated and Mars Electronics International, Inc., (collectively, "MEI") , have ended a patent dispute in U.S. District Court for District of Delaware (civil action No. 05-239 SLR), in which MEI alleged that certain ICT bill validators infringed Mars' U.S. Patent No. 5,632,367(hereinafter, "the 367 patent"). ICT and MEI have executed a mutual settlement agreement, in which the parties have dismissed all claims and counterclaims in the litigation without prejudice, and each party bears its own attorneys' fees and court costs. Both parties agreed that all customers who purchased ICT's bill validators that were previously accused of infringement are free to use or otherwise dispose of the bill validators in the U.S.
Contact:
Jason Wu, International Currency Technologies Corporation
Tel: +886-2-2797-1238 #112
Jeff Jordan, MEI
Tel: 610-430-2799


 
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