SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Patriot Scientific - PTSC
PTSC 0.498-3.0%Jan 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Starlight who wrote (8538)12/3/2012 4:25:44 PM
From: Savant   of 8581
 
Another licensee...this one PR'd...
Sierra Wireless, Inc. Purchases MMP Portfolio(TM) License

CARLSBAD, Calif., Dec. 3, 2012 /PRNewswire via COMTEX/ -- Patriot Scientific
Corporation (PTSC) announced today that Sierra Wireless, Inc. has purchased an
MMP Portfolio(TM) license. The agreement resolves the ITC Investigation and
District Court lawsuit recently filed against Sierra Wireless, an
industry-leading mobile computing and machine-to-machine (M2M) communications
products and solutions company. Sierra joins a roster of nearly 100 MMP Licensees
that include some of the world's largest electronics companies, including
Hewlett-Packard, Sony, Nokia, General Electric, ASUStek, and Philips.

In July, MMP Portfolio owners, Technology Properties Limited and Patriot
Scientific Corporation, launched the first wave of aggressive enforcement
activities, filing a complaint with the US International Trade Commission (ITC)
and corresponding complaints in the US District Court for the Northern District
of California against 13 companies believed to be infringing the MMP Portfolio
patents. Sierra Wireless is the first of the 13 companies to purchase an MMP
License.

The three-pronged enforcement strategy includes: (1) a Complaint filed with the
US ITC seeking an Exclusion Order prohibiting the importation of unlicensed
products; (2) parallel actions in US District Court seeking damages for past
infringement that includes past un-paid royalties -- plus the interest which has
accrued on those royalties -- both tripled for willful infringement, plus
attorney's fees; and, (3) the pursuit of injunctions in both the US District
Court and the ITC barring the sale of infringing products in the United States in
the future.

The remaining ITC respondents are: Acer Inc., Amazon.com Inc., Barnes & Noble
Inc., Garmin Ltd., HTC Corporation, Huawei Technologies Co. Ltd., Kyocera
Corporation, LG Electronics, Nintendo Co. Ltd., Novatel Wireless Inc., Samsung
Electronics Co. Ltd., and ZTE Corporation.

About Patriot Scientific Corporation

Headquartered in Carlsbad, California, Patriot Scientific Corporation (PTSC) is
the co-owner of the Moore Microprocessor Patent Portfolio(TM). For more
information on PTSC, visit ptsc.com.

About the MMP Portfolio(TM)

The MMP Portfolio includes US patents as well as their European and Japanese
counterparts, which cover techniques that enable higher performance and lower
cost designs essential to consumer and commercial digital systems ranging from
PCs, cell phones and portable music players to communications infrastructure,
medical equipment and automobiles.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext