International Expansion. Xxxxxxxxx.xxx intends to explore opportunities for expanding the xxxxxxxxx.xxx business into international markets. It is possible, however, that the xxxxxxxxx.xxx demand collection system will not be readily adaptable to regulatory environments of certain foreign jurisdictions. In addition, there are various other risks associated with international expansion. They include language barriers, unexpected changes in regulatory requirements, trade barriers, problems in staffing and operating foreign operations, changes in currency exchange rates, difficulties in enforcing contracts and other legal rights, economic and political instability and problems in collection. LEGAL PROCEEDINGS On January 6, 1999, xxxxxxxxx.xxx received notice that a third party patent applicant and patent attorney, Xxxxxx X. Xxxxxxxx, purportedly had filed in December 1998 with the United States Patent and Trademark Office a request to declare an "interference" between a patent application filed by Xxxxxxxx describing an electronic market for used and collectible goods and xxxxxxxxx.xxx's core buyer-driven commerce patent. Xxxxxxxxx.xxx has received a copy of a Petition for Interference from Xxxxxxxx, the named inventor in at least three United States Patent applications titled "Consignment Nodes," one of which has issued as a patent (U.S. Patent Number: 5,845,265). Xxxxxxxxx.xxx currently is awaiting information from the Patent Office regarding whether it will initiate an interference proceeding concerning Xxxxxxxx'x patent application and xxxxxxxxx.xxx's core buyer-driven commerce patent. An interference is an administrative proceeding instituted in the Patent Office to determine questions of patentability and priority of invention between two or more parties claiming the same patentable invention. There is no statutory period within which the Patent Office must act on an interference request. If an interference is declared and proceeds through a final hearing in the Patent Office, a final judgment is made by the Patent Office as to inventorship. Following such final judgment, appeals could be made in Federal court. While there can be no certainty as to time periods, interference proceedings typically take years to resolve. As a threshold to the initiation of an interference proceeding, Xxxxxxxx must show that his patent application supports claims that he copied from the xxxxxxxxx.xxx core buyer-driven commerce patent. In order to make this showing, he would have to prove, among ot...
International Expansion. Marqeta will be Client’s default provider of issuing processing and related services for the Cash App and Square Card Programs in any current or future markets outside of the United States (U.S.), as applicable, where (1) Client intends to operate the Cash App Program and / or the Square Card Program, and (2) Marqeta is able to provide issuing processing and related services (“International Markets”). If Client, acting reasonably and in good faith, believes that ***, Client will provide Marqeta with written notice detailing the reasons for Client’s belief. Upon Xxxxxxx’s receipt of such written notice, the Parties will reasonably cooperate in good faith to mutually agree in writing on a resolution of the reasons detailed in such notice ***, but, if the Parties are unable to mutually agree in writing on such a resolution, ***. The Parties will mutually agree in writing on an amendment to the Agreement to add any such new program for an International Market to the Agreement, and such amendment will specify that *** detailed in the Agreement as being applicable to the Cash App Program and the Square Card Programs, respectively, specifically including *** to the Cash App Programs and Square Card Programs in the International Markets, *** by Marqeta to implement and enable a Cash App Program or Square Card Program in an International Market will be ***.
International Expansion. Xxxxxxxxx.xxx believes that the international scope of the Internet and the global demand for the types of products and services available through xxxxxxxxx.xxx presents opportunities to expand its service internationally. Priceline has announced initiatives in Australia/New Zealand and Asia and intends to pursue additional overseas opportunities. See "- Products and Services - International Expansion." Xxxxxxxxx.xxx launched the xxxxxxxxx.xxx service on April 6, 1998 with the sale of leisure airline tickets. The xxxxxxxxx.xxx service now includes the sale of new automobiles, hotel room reservations, rental cars and home financing services. Xxxxxxxxx.xxx also intends to expand its product offerings to include: other leisure travel products such as cruises; time shares and vacation packages; pre-paid long distance and other telecommunications services; credit cards; and automobile, personal insurance and other financial services products. In addition, xxxxxxxxx.xxx has announced initiatives to expand the xxxxxxxxx.xxx service internationally.
International Expansion. In the event AutoConnect determines to expand its activities outside North American into areas where Manheim operates wholesale automobile auctions, Manheim shall support and facilitate such expansion by providing marketing and operational support in such areas similar in scope and nature to that contemplated by this Agreement for North America. Any such support and facilitation shall be subject to local laws, marketing customs and the approval of Manheim's local partners.
International Expansion. We intend to capitalize on what we perceive to be a significant opportunity for our services in international markets. We currently maintain offices in the United States, Canada and India and have a joint venture in the United Kingdom. Our wholly-owned subsidiary, XxxxXxxxxXxxxxx.xxx, was formed in early 1999 and has affiliate relationships with xxxxxx.xxx, a leading Canadian Web site and search engine, as well as AOL Canada, MSN Canada and Sprint Canada. XxxxXxxxx.xxx India was formed as a result of our December 1999 acquisition of privately-held Zephyr Software and its wholly owned subsidiary, Zephyr Software (India) Private Limited. In 1998, we entered into a joint venture with Thomson Directories Limited to form TDL InfoSpace to replicate our content, community and commerce services in Europe. TDL InfoSpace has targeted the United Kingdom as its first market, and content services were launched in the third quarter of 1998. Under the license agreement between Thomson and TDL InfoSpace, Thomson licenses its U.K. directory information database to TDL InfoSpace. Under the Web site services agreement between Thomson and TDL InfoSpace, Thomson also sells Internet yellow pages advertising for the joint venture through its local sales force. Under our license agreement with TDL InfoSpace, we license our technology and provide hosting services to TDL InfoSpace. Under the joint venture agreement, each of us and Thomson is obligated to negotiate with TDL InfoSpace and the other party to jointly offer private label solutions in other European countries prior to offering such services independently or with other parties. With our acquisition of Xxxxxxx.xxx, Inc. in March 2000, we intend to expand our wireless services into Europe, Japan and Canada. We are currently investigating additional international opportunities, but have no specific plans to enter any particular market at this time. The expansion into international markets involves a number of risks. See "Factors Affecting Our Operating Results, Business Prospects and Market Price of Our Stock--Our International Expansion Plans Involve Risks" for a description of these risks. Revenue Sources We have derived substantially all of our revenues for our consumer, merchant, and wireless services from national and local advertising, licensing fees, commerce transaction fees, and guaranteed transaction fees in lieu of revenue share. Advertising National Advertising Throughout our consumer services, we sell banner adv...
International Expansion
