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Card Activation Technologies
Card Activation Technologies, Inc. Gives a Mid Year Update to Shareholders on Its Progress as It Continues to Seek Licenses for Its Patented Technology for Stored Value Cards
July 26th, 2008
Card Activation Technologies (OTC Bulltin Board: CDVT), owners of a patented point-of-sale technology for the activation and processing of transactions related to debit styled cards, which include gift cards, phone cards and other stored value cards, said that the Company is continuing to press forward on its lawsuits against six major retail chains. -- The Company continues to progress in its previously announced lawsuits against Walgreen, Sears, OfficeMax, Aeropostale, Barnes & Noble and TJX Companies. -- The Company also continues to negotiate licenses with several companies that have responded to the Company's correspondence advising them of the...
Source: Law & Health Weekly (2008-07-26)
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