McAndrews, Held & Malloy

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	08/02/2004 McAndrews, Held & Malloy Celebrates 16th Anniversary
	Firm-Wide Successes Spur 29 Percent Growth Rate Over Past Three Years CHICAGO, IL - August 2, 2004 - McAndrews, Held & Malloy, Ltd. announced today that the firm is celebrating its 16th anniversary, noting a significant increase during the past few years in litigation successes, volume of patent and trademark applications filed and issued, and multi-million dollar intellectual property transactions closed. Founded by six lawyers in 1988 and today comprised of 84 lawyers and seven patent agents, the firm's recent performance and success has solidified McAndrews, Held & Malloy's reputation as one of the nation's preeminent legal resources on intellectual property and technology matters. "Our attorneys' vast experience and exceptional performance has made us one of the leading sources of counsel for intellectual property matters," said George P. McAndrews, founding and managing partner of McAndrews, Held & Malloy. "From large, multinational corporations to start-ups, we have consistently achieved successes for our clients. We have also been consistently recognized by our colleagues and peers for our tenacious, innovative approach to solving complex intellectual property issues." This success has translated into sustained and significant growth for the firm, as McAndrews, Held & Malloy has experienced a 29 percent growth rate for the period 2001 to 2004, despite a sluggish global economy. By comparison, the National Law Journal has reported that, from October 2002 to September 2003, the country's largest 250 law firms experienced only a 1.6 percent average growth rate, with one-third of these firms surveyed losing lawyers. "The intellectual property legal field is expanding at a rapid pace as greater concern is placed on companies' intellectual capital," said Timothy J. Malloy, founding partner of McAndrews, Held & Malloy. "With this concern comes a sharp increase in demand for our expertise. Given our record of success in patent litigation and the teams we have assembled, never before in our 16 years has our firm been in a better position to counsel clients regarding their intellectual capital needs." McAndrews, Held & Malloy's recent successes include a $166 million patent litigation award on behalf of client Advanced Cardiovascular Systems, Inc., which is recognized as one of the top 10 largest intellectual property damages awards in U.S. history. Other recent successes of note include: Norian Corporation v. Stryker Corporation [Case No. 02-1490 (Fed. Cir. April 6, 2004)]; Ovion, Inc. v. Conceptus, Inc. [Case No. 02-1968 (N.D. Cal. 2003)]; XOMA Ltd. v. Biosite Inc. [Case No. 01-2580 (N.D. Cal. 2003)]; Bretford Mfg., Inc. v. Smith System Mfg. Co. [Case No. 98 C 0287 (N.D. Ill. 2003)]; Castrol Limited v. George H. Nunes, Inc., et al. [Case No. 01-6206 (E.D. Cal. 2003)]; and Genlyte Thomas Group, LLC v. NSI [Case No. 3:00-CV-174 (W.D. Ky. 2003)]. In addition, McAndrews, Held & Malloy's team of attorneys continues to garner high recognition and honors from the intellectual property community for their skill and success in serving clients, including: Chambers USA, an independent-research-based directory, ranked McAndrews, Held & Malloy as one of the top intellectual property law firms in Illinois in 2004. McAndrews and Malloy were also identified as leading intellectual property attorneys in the 2004 directory, with McAndrews being one of two attorneys to receive top honors. Euromoney Legal Media Group's "Guide to the World's Leading Patent Law Experts" selected five McAndrews, Held & Malloy attorneys - McAndrews, Malloy, Edward R. Remus, William M. Wesley and Herbert D. Hart III - to appear in their 2003 directory. In addition, Hart was selected to appear in Euromoney Legal Media Group's 2004 "Guide to the World's Leading Trademark Law Practitioners." The Leading Lawyer Network selected 21 McAndrews, Held & Malloy attorneys as "Leading Lawyers." The annual list is a result of recommendations made by thousands of Illinois attorneys. IP Law & Business listed McAndrews, Held & Malloy as one of the top 20 firms in the nation in terms of total number of patent cases filed in 2002. "We continue to expand our breadth of knowledge and expertise in a wide variety of industries," said John J. Held, founding partner of McAndrews, Held & Malloy. "In sectors including biotechnology, chemicals, pharmaceuticals, mechanical and computer controlled medical devices and equipment, nanotechnology, alternative energy sources, software and hardware for electronic and broadband communications, mechanical systems, instant messaging software, products and services, and business-method technologies, we provide current and potential clients with a superior pool of talented attorneys and patent agents. As our record over the years clearly shows, our continuous growth has helped drive ever-increasing successes for our clients." About McAndrews, Held & Malloy, Ltd. Founded in 1988, McAndrews, Held & Malloy is one of the nation's preeminent legal resources on intellectual property, antitrust and technology matters, serving institutions ranging from major multinationals and start-ups to world-class colleges and universities. Our technically trained attorneys have built an unparalleled record of litigation successes in jury trials, bench trials and ADR proceedings. In addition, McAndrews, Held & Malloy offers its clients services in the following areas: patent and trademark procurement and portfolio management, patent interferences, trademark oppositions and cancellations, international practice, intellectual property/technology opinions and investigations, due diligence and M&A support, technology licensing and joint ventures, and technology transfers and donations. Additional information can be found at http://www.mcandrews-ip.com. CONTACT: Jeremy Ahto / David Schulte Healy Communications 312/440-3900 jahto@healyco.com dschulte@healyco.com