SOURCE: Drayton Richdale Corporation

March 20, 2006 08:30 ET

Drayton Richdale Corp. Announces a Legal Opinion That Claims Home Depot and Lowe's May Be Infringing on the "Materials and Supplies Ordering System" Business Method Patent

TEMECULA, CA -- (MARKET WIRE) -- March 20, 2006 -- Drayton Richdale Corp. (OTC: DRYN), the intellectual property market place, announces an independent third party legal opinion from a nationally renowned intellectual property law firm, that claims Home Depot, Lowe's and similar operations, vertically and horizontally integrated, specific to the construction industry as a whole, may be infringing on Matlink, Inc.'s (a wholly owned subsidiary) "Material and Supplies Ordering System" (MSOS) business method patent. A recent issuance of a continuation of the MSOS patent will require further analysis of the potential expansion of the claim for infringement. The company will seek another legal opinion on the merit of the MSOS continuation.

MSOS comprises a computer program, which displays a number of objects in some form of organized, often hierarchal, fashion commonly known as a categorization table. In summary, the ordering program displays a categorization table that organizes data under successive and expandable levels of categorized headings, assigns the appropriate vendor specific names, SKU codes, part numbers, universal product code, and/or bar codes, and then transfers this specific information to a merchant or vendor for processing of the order. The programs allow the user to manipulate the data or to select objects for appropriate actions (starting a program, printing a construction material supply list, transferring a generated list(s) to the vendor/merchant, etc.). Once the categorization table is completed, a specific report can be generated from the program. This report is a material and supply list which details the vendor/merchant specific names, stock keeping unit (SKU) codes, vendor part numbers, universal product code, and/or bar codes and quantity requested for each material listed on the table. This report also provides contractor identification information (name, address, telephone number) and specific job number, and accounting information (purchase order number or credit card number). Furthermore, this report is then transferred to the identified vendor/merchant for processing, and possible delivery of materials and supplies, including confirmation of the order.

Furthermore, the MSOS is a method for facilitating the ordering of construction supplies by a customer over the Internet. The method comprises: receiving a supplier reference indicating a supplier; providing the customer with a phase list comprising references to each of a plurality of construction phases; receiving a customer selection of a construction phase from the phase list; providing the customer with a supply list comprising references to a plurality of supplies associated with the selected construction phase, the plurality of supplies being available from the indicated supplier; allowing the customer to make a supply selection of at least one supply from the supply list; recording the supply selection; listing the supply selection; allowing the customer to remove supply selections from the listing; and transferring the list to the indicated supplier in response to an order send command.

The United States Patent and Trademark Office (USPTO) defines a business method patent narrowly, as a patent classifies in the US patent class 705, defined as "data processing: financial, business practice, management, or cost/price determination." Such patents are on methods used for a variety of purposes in business.

With the current events in patent infringement litigation in focus, such as the recent patent infringement settlement, to the amount of $612 million, involving the Blackberry Network and NTP, it is the intent of Drayton Richdale Corp.'s management team to negotiate amicable licensing agreements with potentially infringing companies such as Home Depot and Lowe's. Drayton Richdale Corp. will vigorously litigate patent infringement, only as a last resort.

Drayton Richdale Corp. will seek to retain intellectual property valuation services for the purpose of determining the current and future financial worth of the MSOS business method patent.

For information call:

Amparo Munoz (English/Spanish)
Investor Relations
The Financial Partner
866/ 813-7320
e-mail: amparomunozval@yahoo.com

Natasha Nikolic
Investor Relations
Drayton Richdale Corporation
e-mail: ir@draytonrichdale.com
Certain statements in this press release constitute "forward-looking statements" within the meaning of the United States Securities Legislation. The Company's actual results could differ from those in the forward-looking statements. Do not construe this information as investment advice. This is not a solicitation to buy or sell securities. This does not purport to be a complete analysis of the Company. Investing in securities is speculative and carries a high degree of risk. Past performance does not guarantee future results. Readers should consult their own advisors. Information contained in this press release should be independently investigated. These remarks involve risks and uncertainties. Risks are not limited to quarterly fluctuations in results or the company's management of growth and competition. Other risks are detailed in the Company's SEC filings. Actual results may differ materially from such information set forth herein.

Contact Information

  • For information call:

    Amparo Munoz (English/Spanish)
    Investor Relations
    The Financial Partner
    866/ 813-7320
    e-mail: Email Contact

    Natasha Nikolic
    Investor Relations
    Drayton Richdale Corporation
    e-mail: Email Contact