TMLN .62/.95..from Fri after close...their base business is also improving over last few qtrs...this brings ttl to approx $14m TMLN has brought in by enforcing their patents...as far as i know there are still add'l patent violaters out there...this should help in settleing add'l claims:
Timeline and Cognos Settle Patent Dispute
Timeline and Cognos Settle Patent Dispute
Business Editors
BELLEVUE, Wash.--(BUSINESS WIRE)--TMLN--
Timeline Inc. (OTCBB:TMLN), a data management and
reporting technology firm, today announced it has settled its pending
patent dispute with Cognos, Inc., a world leader in business
intelligence and corporate performance management solutions, and its
U.S.-based subsidiary, Cognos Corporation. Each company has agreed to
dismiss with prejudice its claims in the patent infringement suit
brought by Timeline against Cognos. Under the settlement agreement,
Cognos will pay Timeline a settlement totaling $1.75 million and
license certain of its patents. Neither party has admitted to any
liability under or validity of the patents.
About Timeline
Timeline develops, markets and supports proven, Microsoft
Windows-based financial management reporting software suitable for
complex applications such as those found in medium to large,
multinational corporations. Timeline Analyst was developed for Windows
and Office and takes full advantage of Microsoft's latest operating
systems. Timeline can be reached at 800-342-3365 or on the web at
www.timeline.com. WorkWise Software, Inc., a subsidiary of Timeline,
is the leading provider of event-based notifications, application
integration and process automation systems to the mid-market. The
WorkWise solutions are exclusively available through authorized OEM
and Reseller Business Partners. For more information on WorkWise
Software, Inc., visit its website at www.workwise.com. Analyst
Financials Ltd., a London-based subsidiary of Timeline, markets,
licenses and provides consulting for Timeline Analyst products in
Europe and Africa. |
