Patent firm signs 36 new licences

Patent firm signs 36 new licences
Alex Mayhew-Smith BTG, the patents specialist, has generated a 75 per cent increase in revenues and signed 36 new licences. The company highlighted at its full year’s results its patent agreements for several electronics technologies including Rolic’s LCD technology, Lucent’s high temperature superconductor patents and Vivid Technologies’ quadrupole resonance technology, used to identify explosives and narcotics. According to finance director Rusi Kathoke, one noteworthy development is that licensees of the company’s Supertag radio frequency identification tag, Seika Corporation and BISTAR Group, will reduce manufacturing costs of the tag to 12 cents each. Kathoke said that although BTG’s loss before tax for last year had reached nearly ?9m, dividends had increased. “The company floated in the expectation that loss would increase and our shareholders are happy to see us expand,” he said. The company expects a return to profit by 2001.


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