clickNsettle.com Receives Patent in Australia
30 July 2004 - 11:30PM
PR Newswire (US)
clickNsettle.com Receives Patent in Australia GREAT NECK, N.Y.,
July 30 /PRNewswire-FirstCall/ -- clickNsettle.com, Inc. (OTC:CLIK)
(BULLETIN BOARD: CLIK) , a global provider of innovative dispute
resolution solutions, today announced a Deed of Letters Patent was
issued by Australia for the Company's invention that provides
non-judicial dispute resolution management and operation
procedures. This electronic invention, comprised of both a
management and a reckoning module, provides unique access to
oversee arbitration and mediation initiatives. The management
module is configured to receive, sort and store dispute resolution
data and to provide internal continuous compilation of such data
and new data generated during non-judicial dispute resolution
procedures. On July 21, 2004, the Company had announced the receipt
of a U.S. patent on this system. About clickNsettle.com
Headquartered in Great Neck, New York, clickNsettle.com, Inc.
provides innovative and highly effective dispute resolution
services and solutions to entities that seek alternatives to the
traditional and often time-consuming and expensive legal process.
clickNsettle.com, the parent company of National Arbitration and
Mediation (NAM), offers a comprehensive selection of some of the
finest lawyers globally, with more than 1,700 top-tier former
judges and attorneys worldwide. Additionally, the Company has a
patented system designed to enhance transparency and ensure the
integrity of ADR (alternative dispute resolution) initiatives.
Although the dispute resolution industry is still relatively young,
clickNsettle.com has been recognized nationally as a leader in the
field and the NAM brand name is well established within the legal
and business communities. The statements contained in the release
contain forward-looking statements relating to such matters as
anticipated financial performance, business prospects, and similar
matters. The Private Securities Litigation Reform Act of 1995
provides a safe harbor for forward-looking statements. In order to
comply with the terms of the safe harbor, the Company notes that a
variety of factors could cause the Company's actual results to
differ materially from the anticipated results or other
expenditures expressed in the Company's forward- looking
statements. These factors include changes in the insurance and
legal industries; the Company's inability to retain current or new
hearing officers; changes in the public court system; and the
degree and timing of the market's acceptance of its arbitration and
mediation programs and electronic oversight applications.
DATASOURCE: clickNsettle.com CONTACT: Roy Israel, +1-516-829-4343,
for clickNsettle.com Web site: http://www.clicknsettle.com/
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