| IRC NEWS | PR 070901 |
|International Research Center prevails over Micron Technology's IP challenge and retains CrucialTechnology.com domain name|
PHOENIX, AZ - July 9, 2001 International Research Center (IRC - http://www.researchedge.com/) has successfully defended against a challenge from Micron Technology (NYSE: MU) over its ownership and use of the domain name CrucialTechnology.com at the World Intellectual Property Organization (WIPO). The decision of WIPO's Arbitration Panel clearly establishes IRC's "good faith" ownership of this and other similar generic technology domain names. More importantly, it affirms that domain name speculation can be a legitimate business pursuit and the ownership and sale of such names an appropriate business activity.
Though Micron Technology (http://www.micron.com/) owns and operates a division, Crucial Technology (http://www.crucial.com/), that sells computer components and has a related U.S. federal trademark, WIPO could find no evidence of "bad faith" in IRC's ownership of the domain name CrucialTechnology.com. They concluded that IRC neither intended nor created any consumer confusion or misdirection through its name ownership and that there was no evidence of trademark dilution having occurred.
Mark Goldstein, President of International Research Center, said "We are gratified that WIPO decided in our favor as it validates our strategy of building a portfolio of generic technology-related domain names in which we have intentionally sought to avoid brand and trademark conflicts." IRC currently holds over 600 top-level domain names and believes WIPO's decision serves to affirm the legitimacy of its approach. IRC is currently preparing an auction of some 150 biotechnology-related domain names for an anticipated September 1 launch.
International Research Center was successfully defended by Lynn Broderick of the Weinberg Cummerford Legal Group (http://www.weinberglegal.com/) of Phoenix, AZ. Ms. Broderick said "It is an exciting win for IRC and we are really pleased to have had the opportunity to represent them in this important case with significant implications for domain name owners globally." The WIPO Arbitration Panel's decision in Case No. D2001-0608 can be found online at
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