Aug 22 (Reuters) - IOT Group:
* named as defendant in proceedings relating to certain intellectual property acquired by ok iot group from simon kantor & roam systems
* proceedings concern a dispute between kantor and persons who are co-shareholders in roam systems pty ltd
* proceedings seeks orders relating to the alleged conduct of kantor during his time as director of roam systems
* iot does not believe that the claim will have a material effect on the assets or operations of iot
* Source text for Eikon ID:nASXbTtHlY