DrHo.Com and Stanley Ho Sued over Alleged Patent Infringement
All inquiries related to the suit may be directed to Mel Molnick, President of HGN, or Michael Rounds Esq. of Skinner, Sutton, Watson and Rounds of Reno, Nevada.
Molnick stated: ``As we have done successfully before, we will continue to vigorously defend our intellectual property no matter where the infringing entity is located in the world and DrHo.com is no exception.'
DrHo.com is an online gaming site providing ``The World's first Cyber Casino to offer a Live Dealer via Internet broadcast of a Live Game using real-time media delivery technology.' According to CEO Peter Kjaer, the US $20 million casino Web site has had 5 million hits a month and 30,000 account holders since its soft launch in March. Dr. Stanley Ho personally has had his assets valued at $1.1 billion by Forbes Magazine (Forbes World's Richest 2001).
i2corp.com's Home Gambling Network (HGN) U.S. Patent 5,800,268 covers remote wagering on live games and events with electronic financial transactions, and it is management's belief that it is poised to become the de facto standard for the remote wagering industry worldwide. The patent has been applied for in Australia, Canada, and European Patent Office. The European patent was published in November of 1999.
Contact: i2corp.com; Jesse Molnick (investor/public relations), 702/597-3331; Fax: 702/597-3339; pr@i2corp.com; http://www.i2corp.com.
