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Termination of Licence and Google settlement and Proposal to delist Company\s shares from AIM 01-09-2008
1st September 2008
Further to the announcement made on 25 July 2008, the Company announces that the Smith Trust, whose trustees comprise Shane Smith (Chairman and Chief Executive of the Company) and Karen Griffith (a director of the Company) (the "Trust") and who is the licensor of the intellectual property exploited by the Group, whilst reserving its rights generally, has withdrawn the notice of termination of the Intellectual Property Rights Deed of Assignment dated 26 June 2002 ("Deed of Assignment"), which it had served on the Group, the validity of which was challenged by the Company.