SANTA CLARA, Calif., Aug. 29, 2002 (PRIMEZONE) -- iPrint Technologies, Inc. (Nasdaq:IPRT), a leading provider of online and offline marketing and customized branding solutions, today denied the allegations raised in the lawsuit filed in U.S. District Court for the Western District of Washington by ImageX on August 26, 2002 against iPrint for infringement of U.S. Patent Number 6,429,947, which covers technology that automates the pre-press process.
ImageX's recent lawsuit is based on a patent that was issued on August 6, 2002. iPrint has not yet had an opportunity to fully evaluate this new patent, but believes that ImageX's claims are without merit. iPrint intends to vigorously defend these allegations.
Founded in 1996, iPrint is one of the original companies in the e-printing space, and the roots of iPrint's own proprietary technology are deep. iPrint currently has a number of pending patent applications relating to its technology, and expects those applications to issue in due course.
About iPrint Technologies, Inc.
iPrint Technologies, Inc. (Nasdaq:IPRT), created by a merger between iPrint and Wood Associates, is a leader in providing online and offline marketing and customized branding solutions to the Fortune 1000. With a network of offices nationwide, iPrint works with over 200 world-class organizations such as BP, Charles Schwab, Compaq, DuPont, Microsoft, OfficeMax, Oracle, Sun Microsystems and Wyeth Pharmaceuticals, as well as servicing over one million small business customers. iPrint's technology and solutions improve the way businesses buy custom imprinting and corporate printing. iPrint can integrate into e-procurement platforms, streamlining the cost of ordering professional printing and promotional merchandise and improving the overall ROI of e-procurement efforts. iPrint's technology also powers the award-winning Web site, iPrint.com, which offers SOHO customers convenience and significant cost savings on professionally printed products. The Company has been distinguished with the Inc./Cisco Technology Award, an "Innovation in Print" award by CAP Ventures, and named the #15 top eBusiness by InformationWeek. For information about the Company, please visit http://www.iPrintTech.com.
(Sources: PC Data Online, Top Monthly E-Tailers Reports and Top Monthly Sites Reports; CAP Ventures, Research; BizRate.com, Customer Certified Ratings; Keynote.com, 2000.)
iPrint is a registered trademark of iPrint Technologies, Inc. Other marks are property of their respective owners.
Forward-looking statements contained in this release, including iPrint's expectations as to the issuance of patents and its defense against ImageX's claims, involve a number of uncertainties, risks and other factors which may cause the actual results expressed or implied by such forward-looking statements to materially differ. In addition, iPrint's forward-looking statements should be considered in the context of other risk factors discussed in its Securities and Exchange Commission filings, including its most recent Forms 10-K and 10-Q. These documents can be accessed on the Commission's web site, www.sec.gov, and on iPrint's web site, www.iPrintTech.com. (To view this information on the iPrint site, click on "Investor Relations," "SEC Filings.")