
As some of you may be aware of, I am involved with an effort to acquire DigiCash. Allow me therefore to suggest that now is not a good time to attempt to purchase a patent license directly from DigiCash. You would most likely be paying too much. DigiCash has for months now attempted to find a buyer for the company's assets. Due to the expectations on the value of the assets, and differences between this and the offers they've received, the board has turned down these offers, including the first offer by my group. Ultimately, the differences between some of the high expectations the board has, and the actual offers they are receiving will be worked out between higher offers and lower expectations. Until then, DigiCash operates on a post-bankruptcy filing bridge loan. This loan won't last forever. Ultimately, DigiCash will be sold. But nobody wants to wait forever. Not you, not me, not the DigiCash board. The faster DigiCash gets sold to our group, the faster the technology will become available to all interested parties under low cost (and in many cases free) licensing terms. Even if DigiCash should now be willing to sell licenses to generate cash flow or reorganize in some new plan and forestall the inevitable sales of assets a little bit longer, the current DigiCash is unlikely to make the licenses available for as low of a cost as our group will make them available after an acquisition of DigiCash. We are in a position to offer potentially significant cost minimization to any prospective licensee of DigiCash IP. With every additional party committing to our effort, we can reduce the cost per license. Scott of course would be amiss of his fiduciary duty would he not attempt to maximize the financial return to DigiCash. We have no such constraint. I have a lot of respect for Scott and he is trying to do what is best for the DigiCash shareholders and debtholders (As he should). We on the other hand are more focused on what is best for the technology, to ensure it is deployed widely and in all it's various potential uses. The more serious parties join our effort, the faster will we be able to make another bid and the faster the DigiCash board will review and hopefully approve our next offer. Ultimately, everybody will be happy. The creditors will be happy since they get their money, the current executive group at DigiCash will be happy to move on having successfully found a palatable deal, and the licensees will be happy, since they will be able to obtain the IP and options for support and technology development instead of being held in limbo with the present DigiCash situation. And of course the developer community will be happy, since the patents will be available to all, not just to the few to which DigiCash might license the patents to improve their unfortunate cash flow situation. This broad availability will allow the market to validate the technology. No single player, or even small group of players, can make eCash a success. Only an aggressive push by many large, small and medium sized players who are all deploying eCash and blinded private payment systems can. This is one of the many reasons our group has the support of several of the larger banks in the world, banking software/EDI vendors, credit card clearing houses, personal financial/cryptography software vendors, global media corporations, and other players that are required to make eCash and other DigiCash IP derived technologies ubiquitous. Feel free to contact DigiCash directly if you must. We certainly encourage people who are interested in exclusive ownership of the DigiCash IP, and are not interested in opening up the patents or technology to deal directly with them since this is contrary to our goal. But if you are interested in any one part, one use or application or even in all of the parts in a non-exclusive way please make sure to email me first as I believe it will benefit everyone for a lot less money. --Lucky Green <shamrock@netcom.com> I will soon revoke my PGP key 0x375AD924 for administrative reasons.