from raging bull
By: sink77
Reply To: 5583 by bilocellhi Monday, 27 Mar 2000 at 7:44 PM EST
Post # of 5585
Text of article for those who cannot link....
Zi reveals new developments in patent litigation
CALGARY, Mar 27, 2000 /CNW-PRN via COMTEX/ -- Zi Corporation (NASDAQ: ZICA)
(TSE: ZIC) filed a patent infringement lawsuit against Tegic Communications,
Inc. (``Tegic') on March 10, 1999. This lawsuit was the subject of a summary
judgment ruling that is now awaiting oral argument on appeal. Zi has obtained a
copy of a complaint for patent infringement (the ``Complaint') filed by Tegic
and Asian Communications Pty Ltd. (``Asian Communications'). The Complaint,
filed on March 21, 2000 in the United States District Court in the Northern
District of California, alleges that Zi Corporation and its wholly-owned
subsidiary, Zi Corporation of America, Inc., have infringed certain United
States patents licensed, assigned or owned by Tegic and Asian Communications.
``Zi views the filing of the Complaint as a response by Tegic to Zi's own patent
infringement lawsuit brought against Tegic last year,' says Antoine Blondeau,
president and chief operating officer, Zi Corporation. ``In pushing forward Zi's
lawsuit against Tegic, we have been closely monitoring Tegic and Asian
Communications' patent positions on a worldwide basis. As a result, we are well
prepared to meet the allegations made by Tegic and Asian Communications in the
Complaint. Not only will Zi deny that there is any basis for the allegations of
infringement, Zi is prepared with evidence of the invalidity of the patent
claims underlying the Complaint; including evidence that Tegic failed to present
to the Patent and Trademark Office.' The allegations made in the filed
complaint relate only to claims of infringement based on United States patents
held by Asian Communications and/or Tegic. Accordingly, Tegic's allegations of
infringement relate only to Zi's commercial activities in the United States. Zi
Corporation is a leading provider of embedded software technology and
educational products. The company's core product, eZiText(TM), connects people
to short messaging, email, e-commerce, web browsing, and similar applications in
almost any written language. Zi's strategic partners use the technology to
enable information and Internet appliances that meet the needs of consumers,
business, government and education systems. Zi supports its strategic partners
from offices in Calgary, Beijing, Hong Kong, San Francisco, Shenzhen and
Stockholm. A publicly traded company, Zi Corporation is listed on the NASDAQ
Stock Market (ZICA) and the Toronto Stock Exchange (ZIC). Certain statements in
this press release constitute forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The information in this
press release is based on Zi Corporation's current expectation and assumptions,
and is subject to a number of risks and uncertainties that could cause actual
results to differ materially from those anticipated. Such risks include, among
others, general business and economic conditions and competitive actions as well
as the risks and uncertainties referred to in Zi Corporation's 20-F for the most
recent calendar year.
SOURCE Zi Corporation
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