Elonex and Nokia sign Licensing Agreement

 

LONDON, England and HELSINKI, Finland, July 9th, 1999 -- NOKIA CORPORATION and London-based PC manufacturer ELONEX PLC announced today that they have reached agreement concerning the licensing of Elonex's display power management technology. Power-management systems allow personal computer display monitors to consume less power after user-defined or default idle periods.

Nokia is the first major monitor maker in Europe to license Elonex's patents. Elonex has previously licensed Hewlett-Packard Company of Palo Alto, California and Hitachi of Tokyo. Elonex expects that other European companies will follow Nokia's lead as they seek to comply with increasingly important energy conservation standards. Government agencies and independent organizations worldwide are involved in reducing power consumption in office equipment.

The scope and terms of the agreement are confidential, but Nokia obtains a license under all of Elonex's display power management patents worldwide. These patents comprise more than twenty independent claims directed to the power management of peripheral devices including display monitors; and enable PC systems to be energy efficient.

Reijo Lantto, President of Nokia Display Products, and Elonex's Commercial Director Michael Spiro, joined in saying that they view the agreement as a positive outcome for both businesses.

Notes for Editors

NOKIA
Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related customer services. Nokia also supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals and computer displays. In 1998, net sales totalled EUR 13.3 billion (USD 15.7 billion). Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges, has sales in over 130 countries and employs more than 47,000 people worldwide.

ELONEX

Elonex's power management technology is the subject of Elonex's US Patent Numbers 5,389,952, 5,648,799 and 5,880,719; European Patent Numbers 0672285 and 0678843; and Japanese Patent Number 2,847,099.

Information about Elonex and its products, including complete pricing details, can be found on its World Wide Web site: http://www.elonex.co.uk/

For further information, please contact Michelle Horner at Elonex plc on:
Tel: 0181 452 4444
Fax: 0181 452 6422
E-mail: mailto:michelle@elonex.co.uk

About Elonex

Founded in March 1986, Elonex plc supplies complete IT solutions to a customer base that ranges from private individuals to multinational corporations and government departments. The company designs, manufactures, markets and supports a complete range of desktop PCs, notebooks, and network servers. It also provides computer support services encompassing system specification, configuration, installation and maintenance.

In response to the demands of its customer base, Elonex has developed from a computer manufacturer to a complete business solutions provider. Under the title of Elonex Solutions (ES), the company provides a broad portfolio of offerings including IT Consultancy, Networking and Systems Integration, System & User Training, Internet, Intranet and Security, Outsourcing, Maintenance and Support, Thin Client Solutions, and Disaster Recovery/Business Continuity.

Elonex's hardware products are built to order at its London headquarters and at other sites in Europe. It has seven sister companies around the world. Elonex is one of the few computer specialists which designs and manufactures its own PCs; it has a large patent portfolio incorporating diverse technologies for many different industry sectors. The company's wealth of knowledge and experience gives it a huge advantage over its competitors in delivering high quality products and services directly to customers.

 

[About Dan Kikinis

Dan Kikinis is the inventor of record of the above named patents. He is also the Founder of Lextron Systems, Inc. ]