NewswireTODAY - /newswire/ - Doral, FL, United States, 2008/11/18 - Exigent announced today that the U.S. Patent Office has completed its exhaustive re-examination of its U.S. Patent No. 6,651,885, for Multi-Function Transaction Processing Systems. The ‘885 Patent was originally issued on November 25, 2003.

According to Mike Acton, Exigent’s Chief Operating Officer, “The Ex Parte Reexamination Certificate issued from the USPTO on August 19, cited more than 70 U.S. patents dating back to 1982, 22 foreign patents and a huge volume of litigation documents and arguments made by various defendants in infringement actions.” “After reexamination, the ‘885 Patent now stands as a solid and enforceable patent, strengthened by the PTO’s consideration of this prior art, “Acton said. “At this point, Exigent is re-evaluating the current systems within the electronic POSA environment in order to assess potential infringements of our patent in the marketplace.”

About Exigent Technology, Inc.

Specializing in intellectual property, Exigent Technology, Inc. (exigentusa.com) licenses and provides customized networks for the prepaid marketplace. This patented system and software is currently being utilized in POS terminals, self-service and interactive kiosks, and other devices around the world. A wholly owned subsidiary, Pin Serve, LLC is a state-of-the-art facility providing seamless integration of software and hardware for the management and distribution of prepaid products through the real time delivery of PINs for telecom, gift card and other stored value products for the convenience of providers, distributors and retailers. Its secure facility offers a turnkey solution – from e-PIN creation and hardware deployment to e-PIN delivery and customer service – all under one centralized location.

Agency / Source: Blackstone

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