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BRIEF-Interbit Announces Patent And Strategic Review Update

Published 2020-02-21, 09:40 a/m
Updated 2020-02-21, 11:03 a/m
BRIEF-Interbit Announces Patent And Strategic Review Update

Feb 21 (Reuters) - Interbit Ltd IBIT.V :

* INTERBIT™ ANNOUNCES PATENT AND STRATEGIC REVIEW UPDATE

* INTERBIT LTD - PROCEEDING TO FILE AN EXPEDITED EXAMINATION REQUEST IN U.S. FOR CHAIN JOINING APPLICATION

* INTERBIT LTD - CONCLUDED IT IS IN BEST INTEREST TO FOCUS ON ADVANCING ITS PATENT STRATEGY

* INTERBIT LTD - WILL CONTINUE WITH ONGOING STRATEGIC REVIEW AND EXPLORE AND EVALUATE OPPORTUNITIES TO MAXIMIZE SHAREHOLDER VALUE

* INTERBIT LTD - NOW WORKING WITH XINOVA TO IDENTIFY POTENTIAL PARTNERS TO WORK WITH OR TO POTENTIALLY LICENSE ITS INTELLECTUAL PROPERTY TO

* INTERBIT - REVIEWS IDENTIFIED THAT INTERBIT PLATFORM WOULD REQUIRE SIGNIFICANT ADDITIONAL WORK BEFORE HAVING POTENTIAL TO GENERATE COMMERCIAL RETURNS

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