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Technology Stocks : Corvis (CORV)
CORV 0.4200.0%May 27 5:00 PM EST

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To: trueblood986 who wrote (312)3/4/2003 7:12:33 PM
From: SemiBull  Read Replies (1) of 325
 
Favorable interim verdict for Corvis in Ciena dispute

Tuesday March 4, 6:58 pm ET

COLUMBIA, Md., March 4 (Reuters) - Telecommunications equipment maker Corvis Corp. (NasdaqSC:CORV - News) said on Tuesday a jury reached an interim verdict favorable to the company in its patent infringement litigation with Ciena Corp. (NasdaqNM:CIEN - News), another telecom equipment maker.

Corvis said its all-optical networking products were found by the jury in a case in the U.S. Federal District Court of Delaware to not infringe on two Ciena patents.

Corvis said the jury did not reach a verdict on a third Ciena patent, related to the two other patents.
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