Title:
Filing a patent application.
Legal Basis:
Article 17(1) MAR - inside information
Content of the Report:
The Management Board of XTPL S.A. ("Issuer", "Company", "XTPL") herebyannounces that on September 16th, 2022, the Issuer filed a patentapplication with the United States Patent and Trademark Office (USPTO)relating to the XTPL-developed technological solution of printing ofadvanced three-dimensional electronic connections with high packingdensity.
The Issuer's Management Board has decided that the submission of thesaid patent application is inside information, as in the case of anentity operating in the deep-tech sector, effective protection by theCompany of its intellectual and industrial property, a factor whichinfluences the Company value, is one of the elements that investors maytake into account when making decisions about the Issuer's financialinstruments.
In the opinion of the Company's Management Board, ensuring anappropriate level of security and extensive patent protection (both inthe form of obtained patents and submitted patent applications) is asignificant competitive advantage for the Issuer and may contribute toensuring an appropriate bargaining position when negotiating commercialcontracts. The Company's portfolio currently includes 25 patentapplications and a total of 3 patents granted.
Accordingly, in the Management Board's opinion, the information onsubmission of the patent application meets the criteria of insideinformation within the meaning of Article 7(1) MAR.