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Intergraph Reaches Patent Agreement With Acer


HUNTSVILLE, AL.- Intergraph Corporation (NASDAQ: INGR), a leading global provider of spatial information management (SIM) software, today announced a patent license agreement between Intergraph's intellectual property subsidiary and Acer Incorporated. Under the terms of the agreement, Acer will make a one-time, fully-paid royalty payment of $7.5 million based upon a 1% royalty on applicable product revenues.

Intergraph expects to record after-tax intellectual property income from this agreement of approximately $4.3 million, net of all fees, expenses and estimated taxes, in the second quarter of 2006. As a result of the patent license agreement, Acer will obtain a fully paid-up worldwide license to Intergraph’s Clipper patents, and Intergraph will obtain an option to license certain Acer patents on royalty-bearing terms.

"We are pleased to have reached a licensing agreement with Acer," said R. Halsey Wise, President & Chief Executive Officer of Intergraph Corporation. "The Acer license

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Did You Know?

You may apply for a patent for your invention.

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Nonprovisional Patent Application

Definition:
An application for patent filed under 35 U.S.C. 111(a) that includes all patent applications (i.e., utility, design, plant, and reissue) except provisional applications.

Common Law Rights

Definition:
Property or other legal rights that do not absolutely require formal registration in order to enforce them. Proving such rights for a trademark in court can be very difficult.

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