Title: Patent approval by US Patent and Trademark Office.
Legal basis:Legal basis: Article 17(1) MAR – inside information
Content of the Report:The Management Board of XTPL (“Issuer”,
“Company”, “XTPL”) hereby reports that on 16 July 2024 it received the
notice of allowance and information related to allowed claims issued by
the United States Patent and Trademark Office. The patent application
has been examined and is allowed for issuance as a patent for an
invention “A method for printing traces on a substrate and an additive
manufacturing apparatus therefor”.
The application procedure for this patent was initiated on 30 June 2023.
This is also the date when patent protection started for the invention.
The final formal requirement for obtaining the patent is to pay the
necessary fee. Should the requirement not be met, the Company will
communicate this in a separate current report.
The patent protection will increase the value of the potential
commercialization of the Company’s technology with respect to the
Issuer’s technological solutions for the next generation electronics
market. The reported event confirms continued delivery of the Company’s
strategy of building a patent cloud for its proprietary technology and
products, which will contribute to building the Issuer’s credibility
among potential industrial clients.
In view of the above, and considering the confirmation of uniqueness of
the Company’s technological solutions, and then the outlook for the
Issuer’s perception by investors, the Issuer’s Management Board has
decided that the notice of allowance and information related to allowed
claims should be deemed confidential information. For this reason, in
the opinion of the Management Board, the information meets the criteria
set out in Article 7(1) of the MAR.
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