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  • nortini@sbcglobal.net nortini Aug 29, 2011 11:07 AM Flag

    Genetic Technologies Executes Settlement and License Agreement with Attomol GmbH

    Show me some proof pls.

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    • <Show me some proof pls. >

      ASX ANNOUNCEMENT
      August 25, 2011
      ___________________________________________________________________________________
      Genetic Technologies Executes
      Settlement and License Agreement with Attomol GmbH

      In compliance with ASX Continuing Disclosure Rules, Genetic Technologies Limited (ASX: GTG;
      NASDAQ: GENE) is pleased to report that it has now executed a Settlement and License Agreement
      with Attomol GmbH (“Attomol”) of Lipten, Germany. Under the Agreement, Attomol is granted nonexclusive
      rights to a number of GTG patents relating to its non-coding DNA technology. As with other
      similar agreements, the precise commercial terms of the Agreement are covered by formal confidentiality
      provisions and cannot be disclosed.
      Attomol was not a counterparty to any of the ongoing formal assertion suits filed by GTG in the US.
      Discussions with other parties are ongoing and progressing. Further details will be released to the
      Market as appropriate.

 
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