Teknowledge and SAP Settle Patent Dispute

Apr 19, 2001, 01:00 ET from Teknowledge Corporation

    PALO ALTO, Calif., April 19 /PRNewswire/ --
 Teknowledge Corporation (Nasdaq:   TEKC) today announced a full settlement of
 all outstanding lawsuits with SAP America, Inc. and SAP Aktiengesellschaft.
 The subjects of the lawsuit were Teknowledge's U.S. Patent 4,591,983, entitled
 "Hierarchical Knowledge System" issued May 27, 1986, and U.S. Patent
 4,783,752, entitled "Knowledge Based Processor for Application Programs Using
 Conventional Data Processing Capabilities" issued November 8, 1988.
     As part of the settlement agreement, SAP transferred to Teknowledge
 $750,000 in cash.  Teknowledge agreed not to commence any patent infringement
 suits against SAP relating to any of Teknowledge's patents, and both parties
 agreed to dismiss their current claims against each other.
     Neil Jacobstein, President and CEO of Teknowledge, said, "We are pleased
 to have settled our dispute with SAP regarding the '983 and the '752 patents.
 We believe that given all the circumstances, this was a win/win for both
 sides.  Now that SAP and Teknowledge have entered into this agreement,
 Teknowledge intends to contact other companies in the sales configuration and
 automation industry regarding patent licensing opportunities and terms."
 
     About Teknowledge Corporation
     Teknowledge sells software product and service solutions, and is
 increasingly focused on the financial services industry.  Teknowledge designs
 intelligent transactions that deliver flexible, secure, and knowledge-based
 interactions with customers.  These transactions enable organizations to
 codify their knowledge, use it to interpret data, and provide value-added
 services to end-users.  Teknowledge delivers the TekPortal(TM) account
 aggregation solution for financial institutions.  It has an extensive and
 funded R&D program in security, distributed objects, training, and knowledge
 systems.  Teknowledge is 19 years old, and has been profitable for the past
 26 consecutive quarters.  It has an active intellectual property program with
 a portfolio of nine key software patents.  More information about Teknowledge
 may be found at www.teknowledge.com.
 
 

SOURCE Teknowledge Corporation
    PALO ALTO, Calif., April 19 /PRNewswire/ --
 Teknowledge Corporation (Nasdaq:   TEKC) today announced a full settlement of
 all outstanding lawsuits with SAP America, Inc. and SAP Aktiengesellschaft.
 The subjects of the lawsuit were Teknowledge's U.S. Patent 4,591,983, entitled
 "Hierarchical Knowledge System" issued May 27, 1986, and U.S. Patent
 4,783,752, entitled "Knowledge Based Processor for Application Programs Using
 Conventional Data Processing Capabilities" issued November 8, 1988.
     As part of the settlement agreement, SAP transferred to Teknowledge
 $750,000 in cash.  Teknowledge agreed not to commence any patent infringement
 suits against SAP relating to any of Teknowledge's patents, and both parties
 agreed to dismiss their current claims against each other.
     Neil Jacobstein, President and CEO of Teknowledge, said, "We are pleased
 to have settled our dispute with SAP regarding the '983 and the '752 patents.
 We believe that given all the circumstances, this was a win/win for both
 sides.  Now that SAP and Teknowledge have entered into this agreement,
 Teknowledge intends to contact other companies in the sales configuration and
 automation industry regarding patent licensing opportunities and terms."
 
     About Teknowledge Corporation
     Teknowledge sells software product and service solutions, and is
 increasingly focused on the financial services industry.  Teknowledge designs
 intelligent transactions that deliver flexible, secure, and knowledge-based
 interactions with customers.  These transactions enable organizations to
 codify their knowledge, use it to interpret data, and provide value-added
 services to end-users.  Teknowledge delivers the TekPortal(TM) account
 aggregation solution for financial institutions.  It has an extensive and
 funded R&D program in security, distributed objects, training, and knowledge
 systems.  Teknowledge is 19 years old, and has been profitable for the past
 26 consecutive quarters.  It has an active intellectual property program with
 a portfolio of nine key software patents.  More information about Teknowledge
 may be found at www.teknowledge.com.
 
 SOURCE  Teknowledge Corporation