costly lawyers fees but about time CIC fights back; long over due; see what they say in 2 pm CC.
Certicom files patent infringement suit against Sony
2007-05-30 12:10 ET - News Release
Mr. Bernard Crotty reports
CERTICOM FILES SUIT AGAINST SONY FOR PATENT INFRINGEMENT
Certicom Corp. has initiated litigation in the eastern district of Texas, Marshall division, against Sony Corp., and related Sony companies, for patent infringement.
In its filing, Certicom alleged infringement concerning two United States patents used in the content protection technologies found in Sony products.
The patents in suit are two of Certicom's fundamental patents used in consumer electronics, in particular its world-leading version of elliptic curve cryptography. In its complaint, Certicom alleges Sony has, and continues to, infringe, contribute to and induce the infringement of Certicom's patents by making, using, importing, offering for sale and selling its products in the United States without being licensed by Certicom to do so. These patents are related to content protection technologies, including advanced access control system used in Blu-ray and digital transmission content protection used in wired and wireless distribution of compression audio and video. Products affected include Playstation 3, DVD players, VAIO personal computers and certain high-definition TV models and audio equipment.
"We have invested heavily in ECC research and development over many years and feel strongly that our shareholders deserve fair value from companies using our patented technology," said Bernard Crotty, president and chief executive officer. "We prefer to resolve these issues through commercial discussions and without litigation. However, at this point we are left with no alternative but to file suit."
Certicom is represented by the Fish & Neave Intellectual Property Group of U.S.-based law firm Ropes & Gray.
Certicom management will host a conference call and live audio webcast at 2 p.m. ET on Wednesday, May 30, 2007. Participants can access the call by dialling 416-644-3415 or 1-800-733-7560 or by visiting the Certicom website. A question-and-answer session for analysts and institutional investors will follow the call. The call will be archived until 12 a.m. on June 6, 2007, and can be accessed by dialling 416-640-1917 or 1-877-289-8525 and entering passcode 21234316 followed by the number sign. The archived audio webcast can be accessed by visiting the Certicom website. |
