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Technology Stocks : Nokia Corp. (NOK)
NOK 6.480-0.2%Jan 9 9:30 AM EST

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To: Eric L who wrote (4437)2/27/2007 10:46:06 AM
From: Eric L   of 9255
 
QUALCOMM v. Nokia ITC Action Update

Interesting. In their initial 'negotiation by litigation' opening salvo, QUALCOMM asserted 11 alleged "essential" GSM patents against Nokia in the US District Court of SoCal. They asserted 6 in their follow-on ITC action. The asserted 2 in their UK action and presumably the same two in their later filings in the Germany, France, and Italy. Now with a voluntary reduction, QUALCOMM asserts 3 patents in 1 patent family in the ITC action.

>> United States International Trade Commission Orders Stay of Qualcomm's Suit Against Nokia

Nokia Press Release
Espoo, Finland
February 27, 2007

nokia.com

Nokia announced today that the Administrative Law Judge overseeing the investigation initiated by Qualcomm against Nokia in the United States International Trade Commission (ITC) has ordered a stay of the proceedings until further notice. The trial had been scheduled to begin on March 5, 2007.

On June 9, 2006 Qualcomm filed a complaint with the ITC requesting an investigation into the alleged infringement by Nokia's GSM products of six Qualcomm patents. The ITC subsequently initiated an investigation on July 10, 2006.

Nokia is confident that it has not infringed any Qualcomm patents that are at issue in this investigation. Additionally, since Qualcomm filed its complaint, it has voluntarily withdrawn three of the six patents from the suit. The remaining three are all from the same patent family. Nokia believes the patent withdrawal reflects on the weakness of Qualcomm's case.

If the case is not dismissed before the stay is lifted Nokia welcomes the opportunity to prove that the claims regarding the three remaining patents have no more merit than those Qualcomm has already voluntarily withdrawn.

Nokia is a leading innovator in the wireless space and has built one of the strongest and broadest intellectual property portfolios in the industry, with over 11,000 patent families. Since the early 1990's Nokia has invested approximately €30 billion in research and development. ###

- Eric -
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