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Technology Stocks : Intermec Inc. (formerly Unova Corporation)

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To: Cooters who wrote (171)6/1/2006 10:43:18 AM
From: Bill Harmond  Read Replies (1) of 222
 
This is a riot:

09:40 IN Intermec has Declaratory Judgment Action filed against it by Alien Tecnology (22.96 -0.08)

Alien Technology announced that the co has filed suit against IN in federal district court in the District of North Dakota seeking a declaratory judgment for patent non-infringement and invalidity on ten Intermec patents for RFID products and processes. Alien is seeking to quickly resolve any confusion and uncertainty in the RFID marketplace about Alien's products created by Intermec's lingering public threats of litigation. Alien's objective in obtaining the declaratory judgment is to minimize burdensome royalties on RFID products for endusers," said David Aaron, Vice President and General Counsel, Alien Technology.
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